Aetna (AET) Momentum Rank : 0 (As of May. 05, 2024)

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What is Aetna Momentum Rank?

Aetna 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.

Aetna Momentum Rank Related Terms

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Aetna (AET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Aetna Inc (NYSE:AET) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.aetna.com

Aetna is one of the largest managed-care organizations in the U.S., with over 22 million medical members. This large member count helps the firm diversify its operating risk and has formed the basis for material competitive advantages. The firm provides health insurance services to its members through products that encompass every major insurance market--individual, group, and government sponsored. Aetna and CVS recently announced their intention to merge operations, and if approved, it would form one of the most powerful players within the healthcare space.

Executives

Fernando Aguirre	director	CHIQUITA BRANDS INTERNATIONAL, 250 EAST FIFTH STREET, CINCINNATI OH 45202
Harold L Paz	officer: EVP & Chief Medical Officer	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Molly Joel Coye	director	AETNA INC, 151 FARMINGTON AVENUE, HARTFORD CT 06156
Jeffrey E Garten	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Frank M Clark	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Shawn M Guertin	officer: Exec. Vice President, CFO	TRINET GROUP, INC., ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Mark T Bertolini	director, officer: Chairman and CEO	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Karen S Lynch	officer: President	151 FARMINGTON AVENUE, RW61, HARTFORD CT 06156
Roger N Farah	director	POLO RALPH LAUREN CORP, 650 MADISON AVE, NEW YORK NY 10022
Ellen M Hancock	director	126 LIMESTONE ROAD, RIDGEFIELD CT 06877
Edward J Ludwig	director	C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Margaret M Mccarthy	officer: EVP, Operations & Technology	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Olympia J. Snowe	director	100 E. PRATT STREET, BALTIMORE MD 21202
Heather Brianne Dixon	officer: VP, Controller & CAO	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Sabatino Thomas J Jr	officer: EVP & General Counsel	C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015