Fortress Capital Acquisition (Fortress Capital Acquisition) Momentum Rank : 0 (As of May. 26, 2024)

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What is Fortress Capital Acquisition Momentum Rank?

Fortress 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.

Fortress Capital Acquisition Momentum Rank Related Terms

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Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Capital Acquisition Corp (NYSE:FCAX) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

http://www.fortresscapitalac.com

Fortress Capital Acquisition Corp is a blank check company.

Executives

Gary Kalk	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg	director, officer: Chief Executive Officer	799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan	officer: Chief Operating Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

From GuruFocus

Fortress Capital Acquisition Corp. Announces Redemption of Class A Ordinary Shares

By Business Wire Business Wire • 01-04-2023

Sculptor Capital LP Buys 4, Sells 1 in 2nd Quarter

By GuruFocus Research GuruFocus Editor • 08-14-2022