BlueRiver Acquisition (BlueRiver Acquisition) Momentum Rank : 0 (As of Jun. 01, 2024)

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What is BlueRiver Acquisition Momentum Rank?

BlueRiver 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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BlueRiver Acquisition (BlueRiver Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BlueRiver Acquisition Corp (AMEX:BLUA) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

BLUA.U:USA

Address

250 West Nottingham Drive, Suite 400, San Antonio, TX, USA, 78209

Website

https://www.blueriverspac.com

BlueRiver Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

John E Sununu	director	C/O BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752
Randall Thomas Mays	director, 10 percent owner, officer: Co-CEO and CFO	CLEAR CHANNEL COMMUNICATIONS, 200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Alok Sama	director	C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209
John F Gregg	director, 10 percent owner, officer: Co-Chief Executive Officer	C/O NTL EUROPE INC, 37 PURCHASE ST, RYE NY 10016
Anne Farlow	director	C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209
Blueriver Ventures, Llc	10 percent owner	C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209

BlueRiver Acquisition (BlueRiver Acquisition) Headlines

From GuruFocus

Sea Otter Advisors LLC Acquires Stake in BlueRiver Acquisition Corp

By GuruFocus Research • 07-27-2023

BlueRiver Acquisition Corp. to Complete Transfer of Listing To NYSE American

By Business Wire Business Wire • 03-21-2023