Electric Vehicle Stocks: Daily Returns for GigCapital3 (Lightning eMotors)

Here is a set of daily returns and a chart of daily returns for GigCapital3 (GIK), a SPAC that will merge with Lightning eMotors, a commercial medium-duty electric vehicle company. The name of the combined company will be Lightning eMotors, Inc. The new ticker symbol will be ZEV.

Summary Daily Returns for GIK

First price date

2021-03-11

Last price date

2021-08-02

Number Daily returns

99

Number profitable returns

40

Percent profitable returns

40.40%

Number unprofitable returns

59

Percent unprofitable returns

59.60%

Number streaks

47

Number profitable streaks

24

Number unprofitable streaks

23


Profitable Daily Returns for GIK

Profitable Streak in Days

Number

Percent of Profitable Streaks

Percent of All Streaks

1

1458.33%29.79%

2

625.00%12.77%

3

312.50%6.38%

6

14.17%2.13%


Unprofitable Daily Returns for GIK

Unprofitable Streak in Days

Number

Percent of Unprofitable Streaks

Percent of All Streaks

1

521.74%10.64%

2

834.78%17.02%

3

521.74%10.64%

4

417.39%8.51%

7

14.35%2.13%






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