DMYY (dMY Squared Technology Group) Momentum Rank : 0 (As of Jan. 18, 2025)

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What is dMY Squared Technology Group Momentum Rank?

dMY Squared Technology Group 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.

dMY Squared Technology Group Momentum Rank Related Terms

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dMY Squared Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » dMY Squared Technology Group Inc (AMEX:DMYY) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144

Website

https://www.dmytechnology.com

dMY Squared Technology Group Inc is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Harry L. You	director, 10 percent owner, officer: See Remarks	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Francesca Luthi	director	1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Weaver Constance K	director	2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Charles Wert	director	200 PARK AVENUE, NEW YORK NY 10166
Darla Anderson	director	C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Masi Niccolo De	director, officer: Co-Chief Executive Officer	500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Dmy Squared Sponsor, Llc	10 percent owner	1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS NV 89144

dMY Squared Technology Group Headlines

From GuruFocus

Walleye Capital LLC Increases Stake in dMY Squared Technology Group Inc

By GuruFocus News • 11-15-2024

Meteora Capital, LLC Reduces Stake in dMY Squared Technology Group Inc

By GuruFocus News • 11-15-2024