GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » StoneBridge Acquisition Corp (NAS:APAC) » Definitions » Momentum Rank

StoneBridge Acquisition (StoneBridge Acquisition) Momentum Rank : 0 (As of Jun. 05, 2024)


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

What is StoneBridge Acquisition Momentum Rank?

StoneBridge Acquisition 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.


StoneBridge Acquisition Momentum Rank Related Terms

Thank you for viewing the detailed overview of StoneBridge Acquisition's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


StoneBridge Acquisition (StoneBridge Acquisition) Business Description

Traded in Other Exchanges
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
StoneBridge Acquisition Corp is a blank check company.
Executives
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Jeffrey Najarian director 9 DESBROSSES STREET, SUITE 402, NEW YORK NY 10013
Stonebridge Acquisition Sponsor Llc 10 percent owner 1104 LINNEA LN., SOUTHLAKE TX 76092
Prabhu Antony director, officer: CFO, President and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Richard B Saldanha director 1104 LINNEA LN, SOUTHLAKE TX 76092
Naresh Kothari director 1104 LINNEA LN, SOUTHLAKE TX 76092
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bhargava Marepally director, officer: CEO and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bp Spac Sponsor Llc 10 percent owner 1104 LINNEA LN, SOUTHLAKE TX 76092

StoneBridge Acquisition (StoneBridge Acquisition) Headlines

From GuruFocus

Freehold Royalties Ltd. Announces New Board Members

By GuruFocusNews GuruFocusNews 06-21-2022

Freehold Royalties Ltd. Announces New Board Members

By PurpleRose PurpleRose 07-11-2022

Freehold Royalties Ltd. Announces New Board Members

By GuruFocusNews GuruFocusNews 06-01-2022

Freehold Royalties Ltd. Announces New Board Members

By GuruFocusNews GuruFocusNews 06-11-2022

Freehold Royalties Ltd. Announces New Board Members

By GuruFocusNews GuruFocusNews 07-01-2022