CVS Health Financials
| CVS Stock | EUR 54.35 0.46 0.85% |
CVS |
Understanding current and past CVS Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CVS Health's financial statements are interrelated, with each one affecting the others. For example, an increase in CVS Health's assets may result in an increase in income on the income statement.
CVS Health Stock Summary
CVS Health competes with Corporate Office, Office Properties, TYSON FOODS, and United Natural. CVS Health Corporation provides health services and plans in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS HEALTH operates under Health Care Plans classification in Germany and is traded on Frankfurt Stock Exchange. It employs 295000 people.| Foreign Associates | |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US1266501006 |
| Business Address | One CVS Drive, |
| Sector | Healthcare |
| Industry | Health Care Plans |
| Benchmark | Dow Jones Industrial |
| Website | www.cvshealth.com |
| Phone | 401 765 1500 |
| Currency | EUR - Euro |
You should never invest in CVS Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CVS Stock, because this is throwing your money away. Analyzing the key information contained in CVS Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CVS Health Key Financial Ratios
There are many critical financial ratios that CVS Health's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that CVS Health Corp reports annually and quarterly.| Return On Equity | 0.0568 | |||
| Return On Asset | 0.0418 | |||
| Beta | 0.65 | |||
| Z Score | 2.2 | |||
| Last Dividend Paid | 2.2 |
CVS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CVS Health's current stock value. Our valuation model uses many indicators to compare CVS Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CVS Health competition to find correlations between indicators driving CVS Health's intrinsic value. More Info.CVS Health Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.74 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CVS Health Corp is roughly 1.36 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CVS Health's earnings, one of the primary drivers of an investment's value.CVS Health Corp Systematic Risk
CVS Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CVS Health volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on CVS Health Corp correlated with the market. If Beta is less than 0 CVS Health generally moves in the opposite direction as compared to the market. If CVS Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CVS Health Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CVS Health is generally in the same direction as the market. If Beta > 1 CVS Health moves generally in the same direction as, but more than the movement of the benchmark.
CVS Health November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CVS Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CVS Health Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of CVS Health Corp based on widely used predictive technical indicators. In general, we focus on analyzing CVS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CVS Health's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.41 | |||
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 20.15 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 3.05 |
Complementary Tools for CVS Stock analysis
When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |