GE HealthCare Technologies (GE HealthCare Technologies) Momentum Rank : 0 (As of Apr. 30, 2024)

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What is GE HealthCare Technologies Momentum Rank?

GE HealthCare Technologies 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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GE HealthCare Technologies (GE HealthCare Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » GE HealthCare Technologies Inc (NAS:GEHC) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

GEHC:Mexico L0T:Germany

Address

500 West Monroe Street, Chicago, IL, USA, 60661

Website

https://www.gehealthcare.com

GE HealthCare Technologies Inc is a globally medical technology, pharmaceutical diagnostics, and digital solutions innovator company. It has four operating segments; Imaging, Ultrasound, Patient Care Solutions (PCS), and Pharmaceutical Diagnostics (PDx). It earns a majority of its revenue from the Imaging segment.

Executives

Kevin Michael O'neill	officer: CEO, PDx	500 W. MONROE STREET, CHICAGO IL 60661
Roland Rott	officer: CEO, Ultrasound	500 W. MONROE STREET, CHICAGO IL 60661
James Saccaro	officer: Chief Financial Officer	ONE BAXTER PARKWAY, DEERFIELD IL 60015
Jan Makela	officer: CEO, Imaging	500 W. MONROE STREET, CHICAGO IL 60661
Taha Kass-hout	officer: Chief Technology Officer	500 W. MONROE STREET, CHICAGO IL 60661
Kenneth R. Stacherski	officer: Ch. Supply Chain & Serv. Ofc.	500 W MONROE, CHICAGO IL 60661
Culp H Lawrence Jr	director	GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
William J Stromberg	director	100 E. PRATT STREET, BALTIMORE MD 21202
Thomas J. Westrick	officer: CEO, Patient Care Solutions	500 W. MONROE STREET, CHICAGO IL 60661
Yang Watkin Phoebe L.	director	C/O DOXIMITY, INC., 500 THIRD STREET, SAN FRANCISCO CA 94107
Rodney F Hochman	director	21919 30TH DR SE, BOTHELL WA 98021
Tomislav Mihaljevic	director	ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Lloyd Jr Howell	director	8283 GREENSBORO DRIVE, MCLEAN VA 22102
Anne T Madden	director	C/O HONEYWELL 300 S. TRYON STREET, CHARLOTTE NC 28202
Frank R Jimenez	officer: GC & Corporate Secretary	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061