GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVC) » Definitions » 6-1 Month Momentum %

LAMF Global Ventures I (LAMF Global Ventures I) 6-1 Month Momentum % : 3.18% (As of Apr. 25, 2024)


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

What is LAMF Global Ventures I 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), LAMF Global Ventures I's 6-1 Month Momentum % is 3.18%.

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

LGVC's 6-1 Month Momentum % is ranked better than
61.99% of 634 companies
in the Diversified Financial Services industry
Industry Median: 2.29 vs LGVC: 3.18

Competitive Comparison of LAMF Global Ventures I's 6-1 Month Momentum %

For the Shell Companies subindustry, LAMF Global Ventures I'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.

LAMF Global Ventures I's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where LAMF Global Ventures I's 6-1 Month Momentum % falls into.


LAMF Global Ventures I  (NAS:LGVC) 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.

LAMF Global Ventures I  (NAS:LGVC) 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.

LAMF Global Ventures I 6-1 Month Momentum % Related Terms

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

LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVC) » Definitions » 6-1 Month Momentum %
Comparable Companies
IRRX CSTA FDOC DHCA RMGC CNDB ALSA TWLV VMCA FRXB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069
Website
https://lamfglobal.com
LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Christina Spade director 11 PENN PLAZA, NEW YORK NY 10001
Lamf Spac Holdings I Llc director, 10 percent owner, other: Director by Deputization 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Simon Horsman director, officer: Chief Executive Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Jeffrey Soros director, officer: Chairman 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Morgan Iii Earnest officer: Chief Financial Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Adriana Machado director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Michael Burton Brown director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Lamf Spac I Llc 10 percent owner 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069