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Priveterra Acquisition II (Priveterra Acquisition II) 12-1 Month Momentum %

: 6.25% (As of Today)
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12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-20), Priveterra Acquisition II's 12-1 Month Momentum % is 6.25%.

The industry rank for Priveterra Acquisition II's 12-1 Month Momentum % or its related term are showing as below:

PMGM's 12-1 Month Momentum % is ranked better than
62.02% of 595 companies
in the Diversified Financial Services industry
Industry Median: 4.7 vs PMGM: 6.25
Competitive Comparison

For the Shell Companies subindustry, Priveterra Acquisition II's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 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.

Priveterra Acquisition II 12-1 Month Momentum % Distribution

For the Diversified Financial Services industry and Financial Services sector, Priveterra Acquisition II's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Priveterra Acquisition II's 12-1 Month Momentum % falls into.


Priveterra Acquisition II  (NAS:PMGM) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-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.

Priveterra Acquisition II  (NAS:PMGM) 12-1 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 12-1 Month Momentum % measures the total return to a stock over the past twelve 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.

Priveterra Acquisition II 12-1 Month Momentum % Related Terms

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Priveterra Acquisition II (Priveterra Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Priveterra Acquisition Corp II (NAS:PMGM) » Definitions » 12-1 Month Momentum %
Comparable Companies
ADEX MSSA VII IMAQ BLAC FSRX ATMC NBST RWOD LATG PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
PMGMU:USA
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Website
https://www.tastemakeracq.com
Priveterra Acquisition Corp II is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019
Gregory Golkin director, 10 percent owner, officer: President 650 FIFTH AVENUE 10TH FLO, NEW YORK NY 10019