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TLGY Acquisition (TLGY Acquisition) 6-1 Month Momentum % : 2.75% (As of Jun. 08, 2024)


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What is TLGY Acquisition 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-06-08), TLGY Acquisition's 6-1 Month Momentum % is 2.75%.

The industry rank for TLGY Acquisition's 6-1 Month Momentum % or its related term are showing as below:

TLGY's 6-1 Month Momentum % is ranked better than
53.69% of 609 companies
in the Diversified Financial Services industry
Industry Median: 2.5 vs TLGY: 2.75

Competitive Comparison of TLGY Acquisition's 6-1 Month Momentum %

For the Shell Companies subindustry, TLGY Acquisition's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TLGY Acquisition's 6-1 Month Momentum % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TLGY Acquisition's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where TLGY Acquisition's 6-1 Month Momentum % falls into.


TLGY Acquisition  (NAS:TLGY) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TLGY Acquisition  (NAS:TLGY) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

TLGY Acquisition 6-1 Month Momentum % Related Terms

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TLGY Acquisition (TLGY Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLGY Acquisition Corp (NAS:TLGY) » Definitions » 6-1 Month Momentum %
Comparable Companies
PACI PLMI IRAA LCA WNNR KRNL NSTD ROSS ESHA SAMA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
Website
https://www.tlgyacquisition.com
TLGY Acquisition Corp is a blank check company 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
Theron Edwin Odlaug officer: Co-President 1440 DAVEY ROAD, WOODRIDGE IL 60517
Tlgy Sponsors Llc 10 percent owner YUE XIU BUILDING, ROOM 601, 6/F,, 160-174 LOCKHART ROAD, WANCHAI, HONG KONG SAR K3 00000
Steven Terence Norman director, officer: See Remarks 43C EDGECLIFFE BOULEVARDE, COLLAROY PLATEAU C3 2097
Donghyun Han director . FLAT C, 14TH FL, CHERISH COURT ,, 2 CAPELAND DRIVE, HONG KONG K3 00000
Vijayan Shrijay director 1724 E 54TH ST, UNIT M, CHICAGO IL 60615
Hyunchan Cho director FLAT 1602, BLOCK A,, 9 OLD PEAK ROAD, MID-LEVELS, HONG KONG K3 00000
Jin Goon Kim director, 10 percent owner, officer: Chief Executive Officer HOUSE 95, PALM DRIVE, REDHILL PENINSULA,, 18 PAK PAT SHAN ROAD, TAI TAM,, HONG KONG K3 00000