GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Williams Rowland Acquisition Corp (AMEX:WRAC) » Definitions » Momentum Rank

Williams Rowland Acquisition (Williams Rowland Acquisition) Momentum Rank : 0 (As of May. 25, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Williams Rowland Acquisition Momentum Rank?

Williams Rowland 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.


Williams Rowland Acquisition Momentum Rank Related Terms

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


Williams Rowland Acquisition (Williams Rowland Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
450 Post Road East, Westport, CT, USA, 06880
Williams Rowland Acquisition Corp is a blank check company.
Executives
David Brewster Williams director, officer: Co- Chief Executive Officer 450 POST RD EAST, WESTPORT CT 06880
Tomago Collins director 18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Kunkler William Charles Iii director 222 N. LASALLE STREET, SUITE 1000, CHICAGO IL 60601
Brent Mcintosh director 450 POST RD. EAST, WESTPORT CT 06880
Betsy L. Battle director 450 POST RD EAST, WESTPORT CT 06880
Williams Rowland Sponsor Llc 10 percent owner 450 POST RD EAST, WESTPORT CT 06880
Wrac Ltd. 10 percent owner 450 POST RD EAST, WESTPORT CT 06880
Jonathan David Rowland director, officer: Co-Chief Executive Officer 450 POST RD EAST, WESTPORT CT 06880

Williams Rowland Acquisition (Williams Rowland Acquisition) Headlines

From GuruFocus