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Broad Capital Acquisition (Broad Capital Acquisition) Momentum Rank : 0 (As of Jun. 19, 2024)


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What is Broad Capital Acquisition Momentum Rank?

Broad Capital 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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Broad Capital Acquisition (Broad Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
5345 Annabel Lane, Plano, TX, USA, 75093
Website
Broad Capital Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Teck-yong Heng director NANSHAN DISTRICT #12 KEFA ROAD, DACHONG, CHENGSHIHUAYUAN BLOCK 5, UNIT #38D, GUANGDONG PROVINCE, SHENZHEN F4 518057
Johann Y Tse director, officer: Chief Executive Officer 5345 ANNABEL LANE, PLANO TX 75093
Rongrong Jiang director, officer: Chief Financial Officer 235 TENAFLY RD, TENAFLY NJ 07670
Trimmer Jeffrey Wayne Sr director 7601 JOHN MCCAIN ROAD, COLLEYVILLE TX 76034
Keith Ryan Adams director 235 TENAFLY RD, TENAFLY NJ 07670
Nicolas Shao director 6 CHAOYANG PARK SOUTH, PARK AVE. APTS., BLD. #3-11F, BEIJING F4 00000
Broad Capital Llc 10 percent owner 5345 ANNABEL LANE, PLANO TX 75093

Broad Capital Acquisition (Broad Capital Acquisition) Headlines

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