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TPG Pace Beneficial II (TPG Pace Beneficial II) 6-1 Month Momentum % : 1.53% (As of Jun. 04, 2024)


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What is TPG Pace Beneficial II 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 (2024-06-04), TPG Pace Beneficial II's 6-1 Month Momentum % is 1.53%.

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

YTPG's 6-1 Month Momentum % is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.52 vs YTPG: 1.53

Competitive Comparison of TPG Pace Beneficial II's 6-1 Month Momentum %

For the Shell Companies subindustry, TPG Pace Beneficial II'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.


TPG Pace Beneficial II's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where TPG Pace Beneficial II's 6-1 Month Momentum % falls into.



TPG Pace Beneficial II  (NYSE:YTPG) 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.


TPG Pace Beneficial II  (NYSE:YTPG) 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.


TPG Pace Beneficial II 6-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of TPG Pace Beneficial II's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


TPG Pace Beneficial II (TPG Pace Beneficial II) Business Description

Traded in Other Exchanges
N/A
Address
301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102
TPG Pace Beneficial II Corp is a blank check company.
Executives
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Chad A Leat director C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David Bonderman director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Karl Mr. Peterson director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Mark Fields director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Dr Kneeland Youngblood director C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Michael G. Macdougall officer: President 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz officer: Secretary C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson officer: Chief Financial Officer C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Anilu Vazquez-ubarri director C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Nancy Mahon director C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maryanne Hancock director C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Pace Beneficial Ii Sponsor, Series Llc director, 10 percent owner C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Carlton Ellis officer: Executive VP of Corp Dev 301 COMMERCE ST., SUITE 3300, FORT WORTH TX 76102

TPG Pace Beneficial II (TPG Pace Beneficial II) Headlines

From GuruFocus

TPG Pace Beneficial II Corp. Completes Initial Public Offering

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