GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pearl Holdings Acquisition Corp (NAS:PRLH) » Definitions » Momentum Rank

Pearl Holdings Acquisition (Pearl Holdings Acquisition) Momentum Rank : 0 (As of Jun. 04, 2024)


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

What is Pearl Holdings Acquisition Momentum Rank?

Pearl Holdings 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.


Pearl Holdings Acquisition Momentum Rank Related Terms

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


Pearl Holdings Acquisition (Pearl Holdings Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 11th Floor, New York, NY, USA, 10017
Pearl Holdings Acquisition Corp is a blank check company.
Executives
Laura A Weil director C/O CARNIVAL CORPORATION, 3655 NW 87TH AVENUE, MIAMI FL 33178
Mary C Tanner director ARIAD PHARMACEUTICALS, INC, 26 LANDSDOWNE STREET, CAMBRIDGE MA 02139
Pearl Holdings Sponsor Llc 10 percent owner 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Scott M. Napolitano officer: Managing Director 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Craig E. Barnett director, 10 percent owner, officer: CEO and Chairman 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
James E. Lieber director 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Martin F. Lewis officer: Chief Financial Officer 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017
Terry Duddy director, officer: Vice Chairman 757 THIRD AVENUE, 26TH FLOOR, NEW YORK NY 10017

Pearl Holdings Acquisition (Pearl Holdings Acquisition) Headlines