Gesher I Acquisition (Gesher I Acquisition) Momentum Rank : 0 (As of Jun. 14, 2024)

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What is Gesher I Acquisition Momentum Rank?

Gesher I 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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Gesher I Acquisition (Gesher I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gesher I Acquisition Corp (NAS:GIAC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR

Website

https://www.gesherspac.com

Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.

Executives

Noah G. Levy	director	60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev	director	C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner	director, 10 percent owner, officer: Chief Executive Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc	10 percent owner	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward	officer: Chief Financial Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni	director, 10 percent owner, officer: Chief Operating Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925