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Iron Spark I (Iron Spark I) Momentum Rank : 0 (As of Jun. 13, 2024)


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What is Iron Spark I Momentum Rank?

Iron Spark I 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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Iron Spark I (Iron Spark I) Business Description

Traded in Other Exchanges
N/A
Address
125 N Cache Street, 2nd Floor, Box 3789, Jackson, WY, USA, 83001
Iron Spark I Inc is a blank check company. It is formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Jay Margolis director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Trevor A Edwards director 2080 NW 133RD PLACE, PORTLAND OR 97229
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Joshua L Spear director, 10 percent owner, officer: CEO 125 N CACHE STREET, JACKSON WY 83001
Alexander P Oxman 10 percent owner, officer: CFO and COO 125 N CACHE STREET, JACKSON WY 83001
Ruma Bose director 125 N CACHE STREET, JACKSON WY 83001
Iron Spark I Llc 10 percent owner 125 N CACHE STREET, JACKSON WY 83001