ASPAC I Acquisition (ASPAC I Acquisition) Momentum Rank : 0 (As of Apr. 30, 2024)

View and export this data going back to 2022. Start your Free Trial

What is ASPAC I Acquisition Momentum Rank?

ASPAC I Acquisition has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

ASPAC I Acquisition Momentum Rank Related Terms

Thank you for viewing the detailed overview of ASPAC I Acquisition's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ASPAC I Acquisition Corp (NAS:ASCA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983

Website

ASPAC I Acquisition Corp is a blank check company .

Executives

Claudius Tsang	officer: CEO and CFO	WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Spac (holdings) Acquisition Corp.	10 percent owner	CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000
John Brebeck	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Abuzzal Abusaeri	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Giang Hoang Nguyen	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983

ASPAC I Acquisition (ASPAC I Acquisition) Headlines

From GuruFocus

NewGenIvf, a full-service fertility services provider in Asia, Announces Plans to List on Nasdaq Through Merger with A SPAC I Acquisition Corp.

By PRNewswire PRNewswire • 02-16-2023