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bleuacacia (bleuacacia) 6-1 Month Momentum % : 2.18% (As of May. 12, 2024)


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What is bleuacacia 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-12), bleuacacia's 6-1 Month Momentum % is 2.18%.

The industry rank for bleuacacia's 6-1 Month Momentum % or its related term are showing as below:

BLEU's 6-1 Month Momentum % is ranked worse than
54.05% of 629 companies
in the Diversified Financial Services industry
Industry Median: 2.42 vs BLEU: 2.18

Competitive Comparison of bleuacacia's 6-1 Month Momentum %

For the Shell Companies subindustry, bleuacacia's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 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.


bleuacacia's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, bleuacacia's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where bleuacacia's 6-1 Month Momentum % falls into.



bleuacacia  (NAS:BLEU) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-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.


bleuacacia  (NAS:BLEU) 6-1 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 6-1 Month Momentum % measures the total return to a stock over the past six 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.


bleuacacia 6-1 Month Momentum % Related Terms

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bleuacacia (bleuacacia) Business Description

Traded in Other Exchanges
N/A
Address
500 Fifth Avenue, New York, NY, USA, 10110
bleuacacia ltd is a blank check company. The company is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Kat Peeler director 64 EAST 126TH STREET, #3, NEW YORK NY 10035
Jide James Zeitlin director, officer: Co-CEO and Co-Chairman THE KEFFI GROUP, 767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lew Frankfort director, officer: Co-CEO and Co-Chairman COACH, 516 W. 34TH ST., NEW YORK NY 10001
Charles Mcguigan director, officer: COO, President and Director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Natara Holloway director GOLDEN BEAR PLAZA, 11760 US HIGHWAY 1, SUITE W506, NORTH PALM BEACH FL 33408
Bleuacacia Sponsor Llc 10 percent owner 500 FIFTH AVENUE, 44TH FLOOR, NEW YORK NY 10110
Tom Northover director, officer: Executive Director 500 FIFTH AVENUE, NEW YORK NY 10110
Ibukun Awosika director 500 FIFTH AVENUE, C/O THE KEFFI GROUP LTD., NEW YORK NY 10110

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