GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Investcorp India Acquisition Corp (NAS:IVCA) » Definitions » Momentum Rank

Investcorp India Acquisition (Investcorp India Acquisition) Momentum Rank : 0 (As of Jun. 07, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Investcorp India Acquisition Momentum Rank?

Investcorp India 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.


Investcorp India Acquisition Momentum Rank Related Terms

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


Investcorp India Acquisition (Investcorp India Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Elgin Avenue, PO Box 1111, Century Yard, Cricket Square, George Town, CYM, KY1-1102
Website
Investcorp India Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Manpreet Singh director C/O FOUNDER SPAC, 11752 LAKE POTOMAC DRIVE, ROCKVILLE MD 20854
Ice I Holdings Pte. Ltd. 10 percent owner CENTURY YARD, CRICKET SQUARE, ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Girish Vanvari director C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Dean Clinton director, officer: Principal Financial Officer C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Nikhil Kalghatgi director, officer: Principal Executive Officer C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Rishi Kapoor director C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Kunal Bahl director C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102
Ashwini Asokan director C/O INVESTCORP INDIA ACQUISITION CORP., ELGIN AVENUE, PO BOX 1111, GEORGE TOWN, GRAND CAYMAN E9 KY1-1102

Investcorp India Acquisition (Investcorp India Acquisition) Headlines