Hanger (Hanger) Momentum Rank : 0 (As of May. 20, 2024)

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What is Hanger Momentum Rank?

Hanger 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.

Hanger Momentum Rank Related Terms

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Hanger (Hanger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hanger Inc (NYSE:HNGR) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

10910 Domain Drive, Suite 300, Austin, TX, USA, 78758

Website

https://www.hanger.com

Hanger Inc is a provider of products and services that assist in enhancing or restoring the physical capabilities of patients with disabilities or injuries. It operates through two segments, namely Patient Care and Products and Services. Patient Care segment is primarily comprised of Hanger Clinic, which specializes in the design, fabrication, and delivery of custom O&P devices through more than 700 patient care clinics. The products & Services segment is comprised of distribution and therapeutic solutions to businesses. The company generates a majority of its revenue from the Patient Care segment.

Executives

Michael H Oros	officer: President, Hanger Clinic	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Kathleen L Means	officer: Chief Supply Chain Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Thomas E Kiraly	officer: Chief Financial Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
James H Campbell	officer: SVP, Chief Clinical Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Vinit K Asar	officer: EVP and Chief Growth Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Gabrielle B. Adams	officer: VP Corporate Controller	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Peter A Stoy	officer: EVP & Chief Operating Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Mark M Jones	director	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Jay C Wendt	officer: President, Products & Services	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Regina A Weger	officer: President, SPS	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Thomas E Hartman	officer: Vice President & Gen. Counsel	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Mitchell D Dobson	officer: SVP, Chief Compliance Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Keri Jolly	officer: SVP & Chief HR Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Lucinda M. Baily	officer: Sr VP & Chf Compliance Officer	10910 DOMAIN DRIVE, SUITE 300, AUSTIN TX 78758
Thomas C Freyman	director	500 NORTH FIELD DRIVE, LAKE FOREST IL 60045