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Agile Growth (Agile Growth) Momentum Rank : 0 (As of Apr. 29, 2024)


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What is Agile Growth Momentum Rank?

Agile Growth 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.


Agile Growth Momentum Rank Related Terms

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Agile Growth (Agile Growth) Business Description

Traded in Other Exchanges
N/A
Address
275 Grove Street, Suite 2-400, Riverside Center, Newton, MA, USA, 02466
Agile Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Carl Bass director C/O AUTODESK INC, 111 MELNNIS PARKWAY, SAN RAFAEL CA 94903
Jay Bhatt director, officer: CEO, CFO AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Carol Bartz director
Steven W Alesio director C/O GENWORTH FINANCIAL, INC., 6620 WEST BROAD STREET, RICHMOND VA 23230
Philip M Pead director
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Antonio J. Aquilina officer: Chief Sourcing Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
James E Heppelmann director C/O PARAMETRIC TECHNOLOGY CORP, 140 KENDRICK ST., NEEDHAM MA 02494
Agile Growth Sponsor, Llc 10 percent owner RIVERSIDE CENTER, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Tony Grout officer: Chief Technology Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
Sally Baraka officer: Chief Administrative Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466
John Edward Newton director, officer: Chief Strategic Officer C/O AGILE GROWTH, 275 GROVE STREET, SUITE 2-400, NEWTON MA 02466

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