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Heartland Media Acquisition (Heartland Media Acquisition) Momentum Rank : 0 (As of May. 05, 2024)


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What is Heartland Media Acquisition Momentum Rank?

Heartland Media 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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Heartland Media Acquisition (Heartland Media Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3282 Northside Parkway, Suite 275, Atlanta, GA, USA, 30327
Heartland Media Acquisition Corp is a blank check company.
Executives
Prather Robert S Jr director, 10 percent owner, officer: Chief Executive Officer
Heartland Sponsor Llc 10 percent owner 3282 NORTHSIDE PKWY NW, STE 275, ATLANTA GA 30327
Shawn Pack officer: Chief Financial Officer C/O HEARTLAND MEDIA ACQUISITION CORP., 3282 NORTHSIDE PKWY, SUITE 275, ATLANTA GA 30327
Alan J Weber director 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
John S Zieser director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Salvatore Muoio director C/O LYNCH INTERACTIVE CORP, 401 THEODORE FREMD AVE, RYE NY 10580
Steven Todd Shapiro director C/O GOLDENTREE ASSET MANAGEMENT, 300 PARK AVENUE, NEW YORK NY 10022

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