Cano Health (Cano Health) Momentum Rank : 3 (As of Jun. 06, 2024)

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What is Cano Health Momentum Rank?

Cano Health has the Momentum Rank of 3.

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 of Cano Health's Momentum Rank

For the Medical Care Facilities subindustry, Cano 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.

Cano Health's Momentum Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cano Health's Momentum Rank distribution charts can be found below:

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

Cano Health Momentum Rank Related Terms

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

Cano Health (Cano Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cano Health Inc (OTCPK:CANOQ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

9725 NW 117th Avenue, Suite 200, Miami, FL, USA, 33178

Website

https://www.canohealth.com

Cano Health Inc operates value-based primary care centers and supports affiliated medical practices that specialize in primary care for seniors in Florida, Texas, Nevada, and Puerto Rico.

Executives

Elliot Cooperstone	director, 10 percent owner	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Eladio Gil	officer: Interim CFO	9725 NW 17TH AVENUE, SUITE 200, MIAMI FL 33178
Robert Camerlinck	officer: Chief Operating Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Richard Aguilar	officer: Chief Clinical Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Mark D. Kent	officer: Interim CEO	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
David J Armstrong	officer: See Remarks	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Brian D Koppy	officer: Chief Financial Officer	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Lewis Gold	director	1235 SPANISH RIVER ROAD, BOCA RATON FL 33432
Marlow Hernandez	director, officer: See Remarks	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Solomon D Trujillo	director	1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Alan Muney	director	48 MONROE TURNPIKE, TRUMBULL CT 06611
Kim M Rivera	director	601 HAWAII ST, EL SEGUNDO CA 90245
Itc Rumba, Llc	10 percent owner	444 MADISON AVENUE, 35TH FLOOR, NEW YORK NY 10022
Jacqueline Guichelaar	director	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Angel L Morales	director	C/O CANO HEALTH, INC., 9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178