GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » Momentum Rank

GigCapital5 (GigCapital5) Momentum Rank : 0 (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is GigCapital5 Momentum Rank?

GigCapital5 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.


GigCapital5 Momentum Rank Related Terms

Thank you for viewing the detailed overview of GigCapital5's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


GigCapital5 (GigCapital5) Business Description

Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
GigCapital5 Inc is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija director 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto director, 10 percent owner 2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz director, 10 percent owner, officer: Executive Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman officer: Treasurer and CFO C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu director, 10 percent owner, officer: President, CEO and Secretary C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz director C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc 10 percent owner 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303

GigCapital5 (GigCapital5) Headlines

From GuruFocus

Dr. Sharmila Makhija Joins GigCapital5 Board of Directors

By Business Wire Business Wire 01-05-2022