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Esgen Acquisition (Esgen Acquisition) Momentum Rank : 0 (As of Jun. 10, 2024)


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What is Esgen Acquisition Momentum Rank?

Esgen 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.

Esgen Acquisition Momentum Rank Related Terms

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Esgen Acquisition (Esgen Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Esgen Acquisition Corp (NAS:ESAC) » Definitions » Momentum Rank
Comparable Companies
SHAP BYNO TGLO PRSR ENER KNSW XFIN TWOA TCOA PFTA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
5956 Sherry Lane, Suite 1400, Dallas, TX, USA, 75225
Website
Esgen Acquisition Corp is a blank check company.
Executives
Larry L Helm director 1000 LOUISIANA, SUITE 5600, HOUSTON TX 77002
James P. Benson director 5956 SHERRY LANE, SUITE 900, DALLAS TX 75225
Mark M Jacobs director 1111 LOUISIANA STREET, HOUSTON TX 77002
Andrea Bernatova director, officer: CEO and Director 5956 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Esgen Llc 10 percent owner 5956 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Nader Daylami officer: Chief Financial Officer 5956 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Michael C Mayon director 5956 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Sanjay Bishnoi director 5956 SHERRY LANE, SUITE 1400, DALLAS TX 75225