10X Capital Venture Acquisition (10X Capital Venture Acquisition) 6-1 Month Momentum % : -7.30% (As of Apr. 26, 2024)

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What is 10X Capital Venture Acquisition 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 (2024-04-26), 10X Capital Venture Acquisition's 6-1 Month Momentum % is -7.30%.

The industry rank for 10X Capital Venture Acquisition's 6-1 Month Momentum % or its related term are showing as below:

VCVCU's 6-1 Month Momentum % is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.27 vs VCVCU: -7.30

Competitive Comparison of 10X Capital Venture Acquisition's 6-1 Month Momentum %

For the Shell Companies subindustry, 10X Capital Venture Acquisition'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.

10X Capital Venture Acquisition's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 10X Capital Venture Acquisition's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where 10X Capital Venture Acquisition's 6-1 Month Momentum % falls into.

10X Capital Venture Acquisition (NAS:VCVCU) 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.

10X Capital Venture Acquisition (NAS:VCVCU) 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.

10X Capital Venture Acquisition 6-1 Month Momentum % Related Terms

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10X Capital Venture Acquisition (10X Capital Venture Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 10X Capital Venture Acquisition Corp (NAS:VCVCU) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 World Trade Center, 85th Floor, New York, NY, USA, 10007

Website

https://www.10xcapital.com

10X Capital Venture Acquisition Corp is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Cohen & Company, Llc	10 percent owner	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19103
Woodrow Levin	director	535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Christopher Jurasek	director	13625 TECHNOLOGY DR, EDEN PRAIRIE MN 55344-2252
Oliver Wriedt	officer: President and Head of CM	CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
David Weisburd	director, officer: Chief Operating Officer	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
10x Capital Spac Sponsor I Llc	director, 10 percent owner	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Jonsson Sigurgeir Orn	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Guhan Kandasamy	officer: Chief Financial Officer	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director, 10 percent owner, officer: Chief Executive Officer	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007