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HLYK (HealthLynked) Momentum Rank : 0 (As of Dec. 11, 2024)


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What is HealthLynked Momentum Rank?

HealthLynked 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.


HealthLynked Momentum Rank Related Terms

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HealthLynked Business Description

Traded in Other Exchanges
N/A
Address
1265 Creekside Parkway, Suite 302, Naples, FL, USA, 34108
HealthLynked Corp operates a cloud-based online personal medical information and records archiving system for patients and doctors to keep track of medical information via the Internet in a cloud-based system. It operates in three segments: Health Services, Digital Healthcare, and Medical Distribution. The majority of its revenue is generated from the Health Services segment, which is into operations of Naples Women's Center, Naples Center for Functional Medicine, and Bridging the Gap Physical Therapy.
Executives
Robert P Gasparini director 12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Daniel L. Hall director C/O HEALTHLYNKED CORP., 1035 COLLIER CENTER WAY SUITE 3, NAPLES FL 34110
Heather Monahan director 520 WEST AVE., #1704, MIAMI BEACH FL 33139
Paul Hobaica director 1265 CREEKSIDE PARKWAY, SUITE 302, NAPLES FL 34108
Robert P. Mino director 1072 LAKESHORE DR., JUPITER FL 33458
George O'leary director, officer: Chief Financial Officer C/O ISONICS CORPORATION, 5906 MCINTYRE STREET, GOLDEN CO 80403
Michael T Dent director, 10 percent owner, officer: Chief Executive Officer 12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913