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


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What is IG Acquisition Momentum Rank?

IG 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.

IG Acquisition Momentum Rank Related Terms

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IG Acquisition (IG Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » IG Acquisition Corp (NAS:IGACU) » Definitions » Momentum Rank
Comparable Companies
XPOA AHRN RRAC JUN HTPA GPAC COVA KRNL PPYA MBSC GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
251 Park Avenue South, 8th Floor, New York, NY, USA, 10010
Website
http://www.igacquisition.com
IG Acquisition Corp is a blank check company.
Executives
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
G1 Execution Services, Llc 10 percent owner 175 W. JACKSON BLVD., SUITE 1700, 501 PLAZA 2, CHICAGO IL 60604
Susquehanna Securities, Llc 10 percent owner 401 CITY AVENUE, SUITE 220, BALA CYNWYD PA 19004
Ig Sponsor Llc 10 percent owner 251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010
Christian Goode director, officer: Chief Executive Officer 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Abigail May director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Bradley Tusk director, 10 percent owner 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Farrell Edward Martin Jr. officer: Chief Financial Officer 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10105
Catharine Dockery director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Kenneth Kweku director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Peter Ward director 251 PARK AVENUE SOUTH 8TH FLOOR, NEW YORK NY 10010

IG Acquisition (IG Acquisition) Headlines

From GuruFocus

IG Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 23, 2020

By Marketwired Marketwired • 11-20-2020

IG Acquisition Corp. Announces Closing of $300 Million Initial Public Offering

By PRNewswire PRNewswire • 10-06-2020