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Monument Circle Acquisition (Monument Circle Acquisition) Momentum Rank : 0 (As of Apr. 27, 2024)


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What is Monument Circle Acquisition Momentum Rank?

Monument Circle 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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Monument Circle Acquisition (Monument Circle Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
One EMMIS Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN, USA, 46204
Monument Circle Acquisition Corp is a blank check company.
Executives
Stanley P Gold director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Patrick M Walsh director, officer: President, COO & Director 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, 10 percent owner, officer: Chairman & CEO
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright officer: EVP, Gen. Counsel & Secretary 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Emmis Operating Co director, other: See footnote(2) C/O EMMIS COMMUNICATIONS, 40 MONUMENT CIRCLE 7TH FLOOR, INDIANAPOLIS IN 46204
Stephen Goldsmith director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Monument Circle Sponsor Llc other: See footnote(2) ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Traug Keller director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Chase Rupe officer: SVP, Strategy & Corp. Dev. ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204

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