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Cerner (Cerner) Momentum Rank : 6 (As of Apr. 26, 2024)


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What is Cerner Momentum Rank?

Cerner has the Momentum Rank of 6.

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 Cerner's Momentum Rank

For the Health Information Services subindustry, Cerner'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.


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

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

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



Cerner Momentum Rank Related Terms

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


Cerner (Cerner) Business Description

Traded in Other Exchanges
N/A
Address
2800 Rock creek Parkway, North Kansas City, MO, USA, 64117
Cerner is a leading supplier of healthcare information technology solutions and tech-enabled services. The company is a long-standing market leader in the electronic health record industry, and along with rival Epic Systems corners a majority of the market for acute care EHR within health systems. The company is guided by the mission of the founding partners to provide seamless medical records across all healthcare providers to improve outcomes. Beyond medical records, the company offers a wide range of technology that supports the clinical, financial, and operational needs of healthcare facilities.
Executives
Michael R. Battaglioli officer: VP & Chief Accounting Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Tracy L Platt officer: Chief Human Resources Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Nasim Afsarmanesh officer: EVP & Chief Health Officer 2800 ROCK CREEK PARKWAY NORTH KANSAS CITY MO 64117
David T Feinberg director, officer: President and CEO 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Daniel Devers officer: EVP & Chief Legal Officer 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
Mark J Erceg officer: Exec. VP & CFO 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
William D Zollars director 10777 BARKLEY, PO BOX 7563, OVERLAND PARK KS 66207-0563
Travis Dalton officer: EVP & Chief Client & Serv. Off 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117
John Peterzalek other: President, Cerner South East
Elder Granger director 5176 S. LEWISTON WAY, CENTENNIAL CO 80015
George Andrew Riedel director C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Bisbee Gerald E Jr director C/O CERNER CORP 2800 ROCKCREEK PARKWAY KANSAS CITY MO 64117-2551
Linda M Dillman director 5221 PRESTWICK NORTH CIRCLE FAYETTEVILLE AR 72704
David Brent Shafer director 2800 ROCKCREEK PARKWAY, NORTH KANSAS CITY MO 64117
Donald Trigg officer: SVP 2800 ROCKCREEK PARKWAY NORTH KANSAS CITY MO 64117

Cerner (Cerner) Headlines

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