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New Vista Acquisition (New Vista Acquisition) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is New Vista Acquisition Momentum Rank?

New Vista 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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New Vista Acquisition (New Vista Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » New Vista Acquisition Corp (NAS:NVSAU) » Definitions » Momentum Rank
Comparable Companies
EAC ATVC PMGM PICC FTVI CNDA EMLD MDH SWET FTPA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
125 South Wacker Drive, Suite 300, Chicago, IL, USA, 60606
Website
https://www.newvistacap.com
New Vista Acquisition Corp is a blank check company.
Executives
Marion C Blakey director C/O ALASKA AIR GROUP, INC., 19300 INTERNATIONAL BLVD, SEATTLE WA 98188
Dennis A Muilenburg director, 10 percent owner, officer: CEO, Chairman 100 N RIVERSIDE PLAZA M/C 5003-1001, CHICAGO IL 60606
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
Travis Nelson director, 10 percent owner, officer: Co-President, CFO 4 BATTERYMARCH PARK, QUINCY MA 02169
Christopher B Lofgren director 520 MADISON AVENUE, NEW YORK NY 10022
Wilson Stephen W. S. director 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Touw Kirsten Bartok director, 10 percent owner, officer: Co-President, COO 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
New Vista Acquisition Sponsor Llc director, 10 percent owner 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606