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FinTech Acquisition III (FinTech Acquisition III) 6-1 Month Momentum % : 9.27% (As of May. 06, 2024)


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What is FinTech Acquisition III 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 (2024-05-06), FinTech Acquisition III's 6-1 Month Momentum % is 9.27%.

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

FTACU's 6-1 Month Momentum % is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.23 vs FTACU: 9.27

Competitive Comparison of FinTech Acquisition III's 6-1 Month Momentum %

For the Shell Companies subindustry, FinTech Acquisition III'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.

FinTech Acquisition III's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

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

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


FinTech Acquisition III  (NAS:FTACU) 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.

FinTech Acquisition III  (NAS:FTACU) 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.

FinTech Acquisition III 6-1 Month Momentum % Related Terms

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FinTech Acquisition III (FinTech Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Acquisition Corp III (NAS:FTACU) » Definitions » 6-1 Month Momentum %
Comparable Companies
APXT PACQ THBR JIH HYAC GMHI LCA HCAC SBE GHIV CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA SFTW
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FinTech Acquisition Corp III is a blank check company.
Executives
Daniel G Cohen 10 percent owner 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Betsy Z Cohen 10 percent owner
Cohen Sponsor Interests Iii, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Fintech Masala Advisors, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Mcentee James J Iii officer: President and CFO 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Mei Mei Tuan director C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Jan Hopkins Trachtman director 101 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2705
Fintech Investor Holdings Iii, Llc 10 percent owner 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Pawneet Abramowski director 2929 ARCH STREET SUITE 1703 PHILADELPHIA PA 19104
Brittain Ezzes director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
3fiii, Llc 10 percent owner 3 COLUMBUS CIRCLE 24TH FL, NEW YORK NY 10019
Madelyn Antoncic director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104