FCHS (First Choice Healthcare Solutions) Momentum Rank : 0 (As of Sep. 21, 2024)

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What is First Choice Healthcare Solutions Momentum Rank?

First Choice Healthcare Solutions 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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First Choice Healthcare Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » First Choice Healthcare Solutions Inc (OTCPK:FCHS) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901

Website

https://www.myfchs.com

First Choice Healthcare Solutions Inc is engaged in implementing a defined growth strategy aimed at building a network of localized, integrated healthcare services platforms comprised of primary care using doctors, nurse practitioners, health and well services (anti-aging, weight management and stem cells), rehabilitative therapy, pain management, and pharmacy- services. in markets throughout the U.S.

Executives

Gary Pickett	officer: Chief Financial Officer	9958 LAKE SEMINOLE DR. W., LARGO FL 33773
Michael J. West	other: Former Officer and Owner	16325 EAST DORADO AVE., CENTENNIAL CO 80111
Stephen H. West	director, officer: Secretary	16325 EAST DORADO AVE., CENTENNIAL CO 80111