Northern Star Investment III (Northern Star Investment III) Momentum Rank : 0 (As of May. 27, 2024)

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What is Northern Star Investment III Momentum Rank?

Northern Star Investment III 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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Northern Star Investment III (Northern Star Investment III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp III (OTCPK:NSTC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NSTCU:USA

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric3.com

Northern Star Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 10 percent owner, officer: President, COO	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles	director, 10 percent owner, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Iii Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith	director	C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng	director	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent	director	C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

Northern Star Investment III (Northern Star Investment III) Headlines

From GuruFocus

Northern Star Investment Corp. III Announces Closing of Upsized $400,000,000 Initial Public Offering

By Business Wire Business Wire • 03-05-2021

Northern Star Investment Corp. III Receives NYSE Notification of Non-Compliance With Listing Rules

By Business Wire Business Wire • 06-01-2021