Cue Health (Cue Health) 6-1 Month Momentum % : -41.54% (As of Apr. 28, 2024)

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What is Cue Health 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 (2024-04-28), Cue Health's 6-1 Month Momentum % is -41.54%.

The industry rank for Cue Health's 6-1 Month Momentum % or its related term are showing as below:

HLTH's 6-1 Month Momentum % is ranked worse than
90.62% of 661 companies
in the Healthcare Providers & Services industry
Industry Median: -0.5 vs HLTH: -41.54

Competitive Comparison of Cue Health's 6-1 Month Momentum %

For the Health Information Services subindustry, Cue Health'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.

Cue Health's 6-1 Month Momentum % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Cue Health's 6-1 Month Momentum % falls into.

Cue Health (NAS:HLTH) 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.

Cue Health (NAS:HLTH) 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.

Cue Health 6-1 Month Momentum % Related Terms

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Cue Health (Cue Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cue Health Inc (NAS:HLTH) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121

Website

https://www.cuehealth.com

Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point-of-care, all in a device that fits in the palm of hand.

Executives

T-twelve Holdings, Llc	10 percent owner	C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Tup Investments, L.p.	10 percent owner	520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tarsadia Investments, Llc	10 percent owner	520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Cp (hlth), Llc	10 percent owner	520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tfc Manager, Llc	10 percent owner	C/O SIERRA FIDUCIARY SUPPORT SERVICES, 100 WEST LIBERTY ST., SUITE 750, RENO NV 89501
Nvga I, Llc	10 percent owner	520 NEWPORT CENTER DR., 21ST FLOOR, NEWPORT BEACH CA 92660
Tccs I, Lp	10 percent owner	10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tc Gp, Llc	10 percent owner	10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Tarsadia Capital, Llc	10 percent owner	10 EAST 53RD STREET, 23RD FLOOR, NEW YORK NY 10022
Aasim Javed	officer: Chief Financial Officer	C/O CUE HEALTH INC, 4980 CARROLL CANYON RD SUITE 100, SAN DIEGO CA 92121
Randall E. Pollard	officer: Chief Accounting Officer	6229 PINE TREE CT., LONG GROVE IL 60047
Clint Sever	officer: Chief Product Officer	C/O CUE HEALTH INC., 4980 CARROLL CANYON RD. SUITE 100, SAN DIEGO CA 92121
Sachin H. Jain	director	C/O CARDIOVASCULAR SYSTEMS, INC., 1225 OLD HIGHWAY 8 NW, ST. PAUL MN 55112
Joshua Ghaim	director	C/O CUE HEALTH INC., 4980 CARROLL CANYON ROAD SUITE 100, SAN DIEGO CA 92121
Kelly P. Day	10 percent owner	865 FIGUEROA STREET, SUITE 700, LOS ANGELES CA 90017