GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pine Technology Acquisition Corp (NAS:PTOC) » Definitions » Momentum Rank

Pine Technology Acquisition (Pine Technology Acquisition) Momentum Rank : 0 (As of May. 29, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Pine Technology Acquisition Momentum Rank?

Pine Technology 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.


Pine Technology Acquisition Momentum Rank Related Terms

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


Pine Technology Acquisition (Pine Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
260 Lena Drive, Aurora, OH, USA, 44202
Pine Technology Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Ciro M Defalco officer: CFO, Treasurer and Secretary C/O THE NAVIGATORS GROUP, INC., 6 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Stone Point Capital Llc 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Barry D Zyskind 10 percent owner C/O AMTRUST FINANCIAL SERVICES, INC., 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Christopher Longo director, officer: CEO and Director 59 MAIDEN LANE, 6TH FLOOR, NEW YORK NY 10038
Adam Karkowsky director C/O AMTRUST FINANCIAL SERVICES INC., 59 MAIDEN LANE, 43RD FLOOR, NEW YORK NY 10038
Bradley Tusk director 251 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10010
Nicolas D Zerbib director JAMES RIVER GROUP, INC., 1414 RALEIGH ROAD, SUITE 415, CHAPEL HILL NC 27517
Trident Vii, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Vii Parallel Fund, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Pine Technology Sponsor Llc director, 10 percent owner C/O PINE TECHNOLOGY ACQUISITION CORP., 260 LENA DRIVE, AURORA OH 44202
Trident Pine Acquisition Lp 10 percent owner C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
John Eric Smith director 260 LENA DRIVE, AURORA OH 44202
Peel Acquisition Co Ii, Llc 10 percent owner C/O PINE TECHNOLOGY ACQUISITION CORP., 260 LENA DRIVE, AURORA OH 44202
Trident Pine Gp, Llc 10 percent owner C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Vii, L.p. 10 percent owner C/O STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830