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Pacifico Acquisition (Pacifico Acquisition) Momentum Rank : 0 (As of May. 31, 2024)


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What is Pacifico Acquisition Momentum Rank?

Pacifico 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.

Pacifico Acquisition Momentum Rank Related Terms

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Pacifico Acquisition (Pacifico Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pacifico Acquisition Corp (NAS:PAFO) » Definitions » Momentum Rank
Comparable Companies
MCAF HHGC PPHP GDST ASPA DILA GPCO NOVV ESSC BSGA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
c/o Pacifico Capital LLC, 521 Fifth Avenue, 17th Floor, New York, NY, USA, 10175
Website
Pacifico Acquisition Corp is a blank check company.
Executives
Pacifico Capital Llc 10 percent owner 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Yi Alan Zhong director, officer: Chief Financial Officer 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Tang Laura Yue director 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Raymond John Gibbs director 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Wang Cong Edward director, 10 percent owner, officer: Chief Executive Officer 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175
Shiyun Stephanie Shao director 521 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10175