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L Catterton Asia Acquisition (L Catterton Asia Acquisition) Momentum Rank : 0 (As of Jun. 09, 2024)


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What is L Catterton Asia Acquisition Momentum Rank?

L Catterton Asia 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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L Catterton Asia Acquisition (L Catterton Asia Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » L Catterton Asia Acquisition Corp (NAS:LCAA) » Definitions » Momentum Rank
Comparable Companies
RENE IVCB HYAC JWSM IPXX SVII SKGR CDAQ FRBN PRLH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
LCAAU:USA
Address
8 Marina View, Asia Square Tower 1, No. 41-03, Singapore, SGP, 018960
Website
https://www.lcaac.com
L Catterton Asia Acquisition Corp is a blank check company.
Executives
Sanford M Litvack director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER, PALO ALTO CA 94304
John Sculley director C/O KALEIDO BIOSCIENCES, INC., 65 HAYDEN AVENUE, LEXINGTON MA 02421
Frank N Newman director 980 FIFTH AVENUE, 3B, NEW YORK NY 10075
Anish Melwani director C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Howard Steyn director, officer: President C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Scott Chen director, officer: Co-CEO and Director C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Chinta Bhagat director, officer: Co-CEO and Chairman C/O L CATTERTON ASIA ACQUISITION CORP, 8 MARINA VIEW, ASIA SQ TOWER 1, #41-3, SINGAPORE U0 018960
Lca Acquisition Sponsor, Lp 10 percent owner 8 MARINA VIEW, ASIA SQUARE TOWER 1, #41-03, SINGAPORE U0 018960