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Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Momentum Rank : 0 (As of May. 25, 2024)


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What is Atlantic Avenue Acquisition Momentum Rank?

Atlantic Avenue 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.


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Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2200 Atlantic Street, Stamford, CT, USA, 06902
Atlantic Avenue Acquisition Corp is a newly organized blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Thomas J Neff director SPENCER STUART & ASSOCIATES, 277 PARK AVE, NEW YORK NY 10172
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Halmi Robert A Jr director CROWN MEDIA HOLDINGS INC, 6430 S FIDDLERS GREEN CIR STE 500, ENGLEWOOD CO 80111
Ashok Nayyar director, 10 percent owner, officer: Chief Executive Officer, Chair 930 PARK AVENUE, NEW YORK NY 10028
Barry Best officer: Chief Financial Officer C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Street Partners Llc 10 percent owner 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
David Gelobter officer: Co-President & Secretary C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Purvang Desai officer: Chief Accounting Officer C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Mark Field director C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Michael Russell Zimmerman officer: Co-President C/O ATLANTIC STREET ACQUISITION CORP, 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902
Atlantic Avenue Partners Gp Llc 10 percent owner 2200 ATLANTIC STREET, SUITE 501, STAMFORD CT 06902

Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Headlines