GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Infinite Acquisition Corp (NYSE:NFNT) » Definitions » Momentum Rank

Infinite Acquisition (Infinite Acquisition) Momentum Rank : 0 (As of Jun. 05, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Infinite Acquisition Momentum Rank?

Infinite 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.

Infinite Acquisition Momentum Rank Related Terms

Thank you for viewing the detailed overview of Infinite Acquisition's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Infinite Acquisition (Infinite Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Infinite Acquisition Corp (NYSE:NFNT) » Definitions » Momentum Rank
Comparable Companies
APGB KCGI CNDA EMLD CXAC RRAC NETD FRBN SVII IPXX PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
745 Fifth Avenue, 15th Floor, New York, NY, USA, 10151
Website
https://infiniteacquisitioncorp.com
Infinite Acquisition Corp is a blank check company.
Executives
David Scott Farber officer: Chief Financial Officer 745 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10151
Anre D Williams director 200 VESEY STREET, NEW YORK NY 10285
Rosenstock James Arthur Iii officer: Chief Financial Officer 3280 PEACHTREE ROAD NE, SUITE 600, ATLANTA GA 30305
Infinite Sponsor, Llc 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10065
Aryeh B Burkoff director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Annastasia Skilakos Seebohm director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Alex Michael officer: Chief Development Officer C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Samuel W Lessin director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Kevin Durant director, officer: Co-CEO and Director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Stacey Bendet director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065
Richard Kleiman director, officer: Co-CEO and Director C/O INFINITE ACQUISITION CORP., 660 MADISON AVENUE, NEW YORK NY 10065