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Alpha Capital Acquisition Co (Alpha Capital Acquisition Co) 12-1 Month Momentum % : 2.37% (As of Jun. 18, 2024)


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What is Alpha Capital Acquisition Co 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-06-18), Alpha Capital Acquisition Co's 12-1 Month Momentum % is 2.37%.

The industry rank for Alpha Capital Acquisition Co's 12-1 Month Momentum % or its related term are showing as below:

ASPC's 12-1 Month Momentum % is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.745 vs ASPC: 2.37

Competitive Comparison of Alpha Capital Acquisition Co's 12-1 Month Momentum %

For the Shell Companies subindustry, Alpha Capital Acquisition Co's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alpha Capital Acquisition Co's 12-1 Month Momentum % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alpha Capital Acquisition Co's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Alpha Capital Acquisition Co's 12-1 Month Momentum % falls into.



Alpha Capital Acquisition Co  (NAS:ASPC) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Alpha Capital Acquisition Co  (NAS:ASPC) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Alpha Capital Acquisition Co 12-1 Month Momentum % Related Terms

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Alpha Capital Acquisition Co (Alpha Capital Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
1230 Avenue of the Americas, 16 Floor, New York, NY, USA, 10020
Alpha Capital Acquisition Co is a blank check company.
Executives
Rafael Steinhauser director, officer: President 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
David Lorie director 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Alpha Capital Sponsor Llc 10 percent owner 1230 AVENUE OF THE AMERICAS, FL. 16, NEW YORK NY 10020
Alec Oxenford director, officer: Chairman and CEO 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Ariel Lebowits director 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Amos Genish director 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Alfredo Capote officer: Chief Strategy Officer 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Rahim Lakhani officer: Chief Financial Officer 1230 AVENUE OF THE AMERICAS, NEW YORK NY 10020

Alpha Capital Acquisition Co (Alpha Capital Acquisition Co) Headlines