Cigna Corp Stock Alpha and Beta Analysis
| CI Stock | USD 328.45 1.62 0.49% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Cigna Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Cigna Corp over a specified time horizon. Remember, high Cigna Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Cigna Corp's market risk premium analysis include:
Beta 0.6 | Alpha (0.14) | Risk 1.7 | Sharpe Ratio (0.06) | Expected Return (0.1) |
Cigna Corp Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Cigna |
Cigna Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Cigna Corp market risk premium is the additional return an investor will receive from holding Cigna Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Cigna Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Cigna Corp's performance over market.| α | -0.14 | β | 0.60 |
Cigna Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Cigna Corp's Buy-and-hold return. Our buy-and-hold chart shows how Cigna Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Cigna Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Cigna Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cigna Corp shares will generate the highest return on investment. By understating and applying Cigna Corp stock market price indicators, traders can identify Cigna Corp position entry and exit signals to maximize returns.
Cigna Corp Return and Market Media
The median price of Cigna Corp for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 346.44 with a coefficient of variation of 5.05. The daily time series for the period is distributed with a sample standard deviation of 17.19, arithmetic mean of 340.73, and mean deviation of 15.02. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 447 shares by Jamie Kates of Cigna Corp at 336.475 subject to Rule 16b-3 | 08/30/2024 |
| Cigna Corp dividend paid on 19th of September 2024 | 09/19/2024 |
2 | Cigna Group Q3 2024 Earnings Call Transcript | 10/31/2024 |
3 | The Cigna Group Shares Acquired by Aigen Investment Management LP | 11/14/2024 |
4 | Disposition of tradable shares by Eric Palmer of Cigna Corp subject to Rule 16b-3 | 11/15/2024 |
5 | The Cigna Group Stock Position Lessened by Prudent Man Advisors LLC | 11/18/2024 |
6 | AMG National Trust Bank Grows Stock Holdings in The Cigna Group | 11/19/2024 |
7 | CIT Named Among the Top Five Service Providers in Everest Groups Enterprise Pulse for IT Services Report - Retail and CPG | 11/20/2024 |
8 | AlphaCore Capital LLC Sells 59 Shares of The Cigna Group | 11/22/2024 |
About Cigna Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Cigna or other stocks. Alpha measures the amount that position in Cigna Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0173 | 0.0135 | 0.0202 | Price To Sales Ratio | 0.45 | 0.57 | 0.48 |
Cigna Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Cigna Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cigna Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Cigna Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Cigna Corp. Please utilize our Beneish M Score to check the likelihood of Cigna Corp's management manipulating its earnings.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 3rd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Cigna Corp Backtesting, Cigna Corp Valuation, Cigna Corp Correlation, Cigna Corp Hype Analysis, Cigna Corp Volatility, Cigna Corp History and analyze Cigna Corp Performance. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Cigna Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.