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GURUFOCUS.COM > STOCK LIST > Healthcare > Drug Manufacturers > Elanco Animal Health Inc (NYSE:ELAN) > Definitions > Momentum Rank
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Elanco Animal Health Momentum Rank

: 4 (As of Today)
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Elanco Animal Health has the Momentum Rank of 4.

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.


Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Elanco Animal Health's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

   

Elanco Animal Health Momentum Rank Distribution

For the Drug Manufacturers industry and Healthcare sector, Elanco Animal Health's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Elanco Animal Health's Momentum Rank falls into.



Elanco Animal Health Momentum Rank Related Terms

Thank you for viewing the detailed overview of Elanco Animal Health's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Elanco Animal Health Business Description

Elanco Animal Health logo
Industry
Healthcare » Drug Manufacturers NAICS : 325412 SIC : 2834
Traded in Other Exchanges
Address
2500 Innovation Way, Greenfield, IN, USA, 46140
Elanco Animal Health Inc is an animal health company that is engaged in innovating, developing, manufacturing, and marketing products for companion and food animals. Geographically, the company's operations are conducted globally and sell its products in over 90 countries. It offers a range of food animal products used in cattle, sheep, goats, and swine production.
Executives
Meer James M officer: Chief Accounting Officer C/O ELANCO ANIMAL HEALTH, INC. 2500 INNOVATION WAY GREENFIELD IN 46140
Ehle Dirk officer: Ex VP & Pres Elanco Europe C/O ELANCO ANIMAL HEALTH INCORPORATED 2500 INNOVATION WAY GREENFIELD IN 46140
Lee Joyce J. officer: Ex VP Prs US Pet Hlth Com Op C/O ZOETIS INC. 100 CAMPUS DRIVE FLORHAM PARK NJ 07940
Urbanek David Alan officer: See Remarks 2500 INNOVATION WAY GREENFIELD IN 46140
Schacht Aaron L officer: See Remarks 3750 BIRKDALE DR CARMEL IN 46033
Hoover R David director, See Remarks C/O EDGEWELL PERSONAL CARE COMPANY 1350 TIMBERLAKE MANOR PARKWAY CHESTERFIELD MO 63017
Bilbrey John P director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BILBREY JOHN P a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Garcia Art A director 11690 N.W. 105TH STREET MIAMI FL 33178
Young Todd S. officer: See Remarks C/O ACADIA PHARMACEUTICALS INC. 3611 VALLEY CENTRE DRIVE, SUITE 300 SAN DIEGO CA 92130
Bayer Aktiengesellschaft 10 percent owner BAYERWERK, GEBAEUDE W11 KAISER-WILHELM-ALLEE LEVERKUSEN 2M D-51368
Bayer World Investments B.v. 10 percent owner ENERGIEWEG 1 MIJDRECHT P7 3641
Mason Racquel Harris officer: See Remarks C/O ELANCO ANIMAL HEALTH INCORPORATED 2500 INNOVATION WAY GREENFIELD IN 46140
Correia De Simas Jose Manuel officer: See Remarks C/O ELANCO ANIMAL HEALTH INCORPORATED 2500 INNOVATION WAY GREENFIELD IN 46140
Harrington Michael J director LILLY CORPORATE CENTER INDIANAPOLIS IN 46285
Anand Kapila K director C/O EXTENDED STAY AMERICA, INC. 11525 N. COMMUNITY HOUSE ROAD, SUITE 100 CHARLOTTE NC 28277

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