Kernel Group Holdings (Kernel Group Holdings) 6-1 Month Momentum % : 3.11% (As of Apr. 25, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Kernel Group Holdings 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 (2024-04-25), Kernel Group Holdings's 6-1 Month Momentum % is 3.11%.

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

KRNL's 6-1 Month Momentum % is ranked better than
61.36% of 634 companies
in the Diversified Financial Services industry
Industry Median: 2.29 vs KRNL: 3.11

Competitive Comparison of Kernel Group Holdings's 6-1 Month Momentum %

For the Shell Companies subindustry, Kernel Group Holdings'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.

Kernel Group Holdings's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

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

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

Kernel Group Holdings (NAS:KRNL) 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.

Kernel Group Holdings (NAS:KRNL) 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.

Kernel Group Holdings 6-1 Month Momentum % Related Terms

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

Kernel Group Holdings (Kernel Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kernel Group Holdings Inc (NAS:KRNL) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

KRNLU:USA

Address

515 Madison Avenue, 8th Floor, Suite 8078, New York, NY, USA, 94112

Website

https://www.kernelspac.com

Kernel Group Holdings Inc is a blank check company.

Executives

Owl Creek Asset Management, L.p.	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman	10 percent owner	640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Surendra K Ajjarapu	director, 10 percent owner, officer: CEO, Chairman	8604 BUTTON BUSH CT, TAMPA FL 33647
Vkss Capital, Llc	other: 10% Owner	515 MADISON AVENUE, SUITE 865, NEW YORK NY 10022
Srinivasan Venkatesh	director	2 CEDAR GATE COURT, LIVINGSTON NJ 07039
Siva Saravanan	director	334 REZZO STREET, LAS VEGAS NV 89138
Donald G. Fell	director	17537 DARBY LANE, LUTZ FL 33558
Howard A. Doss	officer: Chief Financial Officer	17537 DARBY LANE, LUTZ FL 90067
Mark Gross	director, 10 percent owner, officer: Chief Executive Officer	11840 VALLEY VIEW RD, EDEN PRAIRIE MN 55344
Kernel Capital Holdings, Llc	director, 10 percent owner	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Christopher J Farrell	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Ronald Martin Meyer	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Michael F Newbold	officer: Chief Administrative Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Brett Northart	director, 10 percent owner, officer: Chief Operating Officer	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Diana A Sklar	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112