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SCP Healthcare Acquisition Co (SCP Healthcare Acquisition Co) 12-1 Month Momentum % : 0.50% (As of Jun. 13, 2024)


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What is SCP Healthcare 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 (2024-06-13), SCP Healthcare Acquisition Co's 12-1 Month Momentum % is 0.50%.

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

SHACU's 12-1 Month Momentum % is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.55 vs SHACU: 0.50

Competitive Comparison of SCP Healthcare Acquisition Co's 12-1 Month Momentum %

For the Shell Companies subindustry, SCP Healthcare 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.

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

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

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


SCP Healthcare Acquisition Co  (NAS:SHACU) 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.

SCP Healthcare Acquisition Co  (NAS:SHACU) 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.

SCP Healthcare Acquisition Co 12-1 Month Momentum % Related Terms

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SCP Healthcare Acquisition Co (SCP Healthcare Acquisition Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SCP & CO Healthcare Acquisition Co (NAS:SHACU) » Definitions » 12-1 Month Momentum %
Comparable Companies
TMAC TRIS ITQ GNAC OSTR LCW VII ZWRK IXAQ FVT GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2909 West Bay to Bay Boulevard, Suite 300, Tampa, FL, USA, 33629
Website
https://www.shacspac.com
SCP & CO Healthcare Acquisition Co is a blank check company that intends to initially focus its search on identifying a prospective target business in the healthcare technology or healthcare-related industries in the United States and other developed countries.
Executives
Mohit Kaushal director 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Timothy L Main director GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
R. David Kretschmer director 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Alan D Gold director 17140 BERNARDO CENTER DRIVE, SUITE 195, SAN DIEGO CA 92128
Scp & Co Sponsor Llc 10 percent owner 2909 W BAY TO BAY BLVD STE 300, TAMPA FL 33629
Scott Feuer director, 10 percent owner, officer: Chief Executive Officer 2909 W BAY TO BAY BLVD SUITE 300, TAMPA FL 33629
Bryan Crino director, 10 percent owner, officer: President 2909 W BAY TO BAY, SUITE 300, TAMPA FL 33629
Randy Parker director 2909 W BAY TO BAY BLVD, SUITE 300, TAMPA FL 33629
Joseph Passero officer: Chief Financial Officer 2909 W BAY TO BAY BLVD SUITE 300, TAMPA FL 8133189600