Armada Acquisition I (Armada Acquisition I) Momentum Rank : 0 (As of May. 27, 2024)

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What is Armada Acquisition I Momentum Rank?

Armada Acquisition I has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

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Armada Acquisition I (Armada Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Armada Acquisition Corp I (NAS:AACI) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1760 Market Street, Suite 602, Philadelphia, PA, USA, 19103

Website

https://www.armadaacq.com

Armada Acquisition Corp I is a blank check company.

Executives

Celso L. White	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Stephen P Herbert	director, 10 percent owner, officer: Chief Executive Officer	100 DEERFIELD LANE, SUITE 300, MALVERN PA 19355
Douglas M Lurio	director, 10 percent owner, officer: Pres, Sec and Treas	100 DEERFIELD LANE, SUITE 140, MALVERN PA 19355
Thomas A Decker	director	C/O INTERNET CAPITAL GROUP, 690 LEE ROAD, SUITE 310, WAYNE PA 19087
Armada Sponsor Llc	10 percent owner	2005 MARKET STREET, SUITE 3120, PHILADELPHIA PA 19103
Mohammad A Khan	director	2005 MARKET STREET SUITE 3120, PHILADELPHIA PA 19103