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


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What is Insight Acquisition Momentum Rank?

Insight 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.

Insight Acquisition Momentum Rank Related Terms

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Insight Acquisition (Insight Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Insight Acquisition Corp (NAS:INAQ) » Definitions » Momentum Rank
Comparable Companies
FRLA FEXD TETE SGII LIVB TRON KVSA OXUS VHAQ GBBK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
333 East 91st Street, New York, NY, USA, 10128
Website
https://www.insightacqcorp.com
Insight Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Jeff Gary director, 10 percent owner, officer: Chief Executive Officer 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Michael Evan Singer director, 10 percent owner, officer: Executive Chairman 200 VESEY STREET, 25TH FLOOR, NEW YORK NY 10281
William Alexander Ullman director 666 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10017
Insight Acquisition Sponsor Llc 10 percent owner 333 EAST 91ST STREET, NEW YORK NY 10128
Victor Iii Pascucci director C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128
David Brosgol director C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128