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Healthcare Solutions Management Group (Healthcare Solutions Management Group) 6-1 Month Momentum % : 150.00% (As of May. 31, 2024)


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What is Healthcare Solutions Management Group 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-31), Healthcare Solutions Management Group's 6-1 Month Momentum % is 150.00%.

The industry rank for Healthcare Solutions Management Group's 6-1 Month Momentum % or its related term are showing as below:

HSMD's 6-1 Month Momentum % is not ranked
in the Healthcare Providers & Services industry.
Industry Median: -5.805 vs HSMD: 150.00

Competitive Comparison of Healthcare Solutions Management Group's 6-1 Month Momentum %

For the Medical Care Facilities subindustry, Healthcare Solutions Management Group's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Healthcare Solutions Management Group's 6-1 Month Momentum % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Healthcare Solutions Management Group's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Healthcare Solutions Management Group's 6-1 Month Momentum % falls into.



Healthcare Solutions Management Group  (OTCPK:HSMD) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Healthcare Solutions Management Group  (OTCPK:HSMD) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Healthcare Solutions Management Group 6-1 Month Momentum % Related Terms

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Healthcare Solutions Management Group (Healthcare Solutions Management Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3 School Street, Suite 303, Glen Cove, NY, USA, 11542
Healthcare Solutions Management Group Inc is an integrated healthcare company committed to empowering physicians and clinicians with diagnostic and therapeutic tools, providing all patients access to advanced, affordable, comprehensive care.
Executives
William M Wright director, 10 percent owner, officer: President/CEO 3256 CHICO WAY NW BREMERTON WA 98312
Take Flight Equities, Inc. 10 percent owner 4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Tracy Dean Bushnell director 4550 NW NEWBERRY HILL ROAD SUITE 202 SILVERDALE WA 98383
Gary Edward Ball director, 10 percent owner, officer: President 15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
Gary L Bane director 2015 EDGEWATER WAY SANTA BARBARA CA 93109
Wendy S Ball director, 10 percent owner 15 N. LONGSPUR DRIVE THE WOODLANDS TX 77380
James Robert Watson director 28168 RIDGE COVE COURT RANCHO PALOS VERDES CA 90275

Healthcare Solutions Management Group (Healthcare Solutions Management Group) Headlines

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