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Genesis Growth Tech Acquisition (Genesis Growth Tech Acquisition) Momentum Rank : 0 (As of May. 20, 2024)


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What is Genesis Growth Tech Acquisition Momentum Rank?

Genesis Growth Tech 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.

Genesis Growth Tech Acquisition Momentum Rank Related Terms

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Genesis Growth Tech Acquisition (Genesis Growth Tech Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Genesis Growth Tech Acquisition Corp (OTCPK:GGAAF) » Definitions » Momentum Rank
Comparable Companies
AEAE CREEF SWSS NUBI ARTE GTAC RFAC HPLT HAIA YOTA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Bahnhofstrasse 3, Nidwalden, Hergiswil, CHE, 6052
Website
https://www.genesisgrowthtechspac.com
Genesis Growth Tech Acquisition Corp is a blank check company.
Executives
Genesis Growth Tech Llc 10 percent owner 6 GENERAL-GUISAN-STRASSE, ZUG V8 6303
Massimo Prelz-oltramonti director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Simon Baker director, officer: COO & Executive Head of M&A C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Eyal Perez director, 10 percent owner, officer: CEO & CFO C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Michael Lahyani director, officer: ChiefStrategyOfcr & President C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Cem Habib director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052
Pierre-etienne Lallia director C/O GENESIS GROWTH TECH ACQUISITION CORP, BAHNHOFSTRASSE 3, 6052 HERGISWIL, NIDWALDEN V8 6052