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Generation Asia I Acquisition (Generation Asia I Acquisition) Momentum Rank : 0 (As of Jun. 03, 2024)


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What is Generation Asia I Acquisition Momentum Rank?

Generation Asia I 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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Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Generation Asia I Acquisition Ltd (NAS:GAQ) » Definitions » Momentum Rank
Comparable Companies
FLME LCW BCSA VCXB EVE SUAC CHEA HCMA VAQC ACRO PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102
Website
https://gaq.gen-mgmt.com
Generation Asia I Acquisition Ltd is a blank check company.
Executives
Mei Gao director 101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan director, officer: Chief Executive Officer 68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka officer: Chief Financial Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa director, officer: Chief Operating Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan director TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3

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