Cvs Health Cdr Stock Price on June 28, 2024
CVS Stock | 12.91 0.83 6.04% |
If you're considering investing in CVS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CVS HEALTH stands at 12.91, as last reported on the 12th of December 2024, with the highest price reaching 13.65 and the lowest price hitting 12.90 during the day. CVS HEALTH CDR secures Sharpe Ratio (or Efficiency) of -0.0507, which signifies that the company had a -0.0507% return per unit of volatility over the last 3 months. CVS HEALTH CDR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVS HEALTH's mean deviation of 1.78, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
CVS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CVS |
Sharpe Ratio = -0.0507
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Estimated Market Risk
2.63 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CVS HEALTH is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CVS HEALTH by adding CVS HEALTH to a well-diversified portfolio.
Price Book 0.8939 | Enterprise Value Ebitda 10.0292 | Price Sales 0.2657 | Shares Float 1.3 B | Dividend Share 2.6 |
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CVS HEALTH Valuation on June 28, 2024
It is possible to determine the worth of CVS HEALTH on a given historical date. On June 28, 2024 CVS was worth 14.44 at the beginning of the trading date compared to the closed value of 14.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CVS HEALTH stock. Still, in general, we apply an absolute valuation method to find CVS HEALTH's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CVS HEALTH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CVS HEALTH's related companies.
Open | High | Low | Close | Volume | |
14.40 | 14.40 | 14.10 | 14.31 | 83,260 | |
06/28/2024 | 14.44 | 14.64 | 14.35 | 14.48 | 22,337 |
14.18 | 14.20 | 14.03 | 14.11 | 11,959 |
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CVS HEALTH Trading Date Momentum on June 28, 2024
On July 02 2024 CVS HEALTH CDR was traded for 14.11 at the closing time. The highest price during the trading period was 14.20 and the lowest recorded bid was listed for 14.03 . The volume for the day was 12 K. This history from July 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.56% . The overall trading delta to the current price is 3.80% . |
CVS HEALTH CDR Fundamentals Correlations and Trends
By evaluating CVS HEALTH's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CVS HEALTH's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CVS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CVS HEALTH Stock history
CVS HEALTH investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CVS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CVS HEALTH CDR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CVS HEALTH stock prices may prove useful in developing a viable investing in CVS HEALTH
CVS HEALTH Stock Technical Analysis
CVS HEALTH 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.
Price Boundaries
CVS HEALTH Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
CVS HEALTH CDR cannot be verified against its exchange. Please verify the symbol is currently traded on NEO Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CVS HEALTH December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how CVS HEALTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CVS HEALTH shares will generate the highest return on investment. By undertsting and applying CVS HEALTH stock market strength indicators, traders can identify CVS HEALTH CDR entry and exit signals to maximize returns
CVS HEALTH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CVS HEALTH's price direction in advance. Along with the technical and fundamental analysis of CVS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CVS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | 0.2766 |
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Other Information on Investing in CVS Stock
CVS HEALTH financial ratios help investors to determine whether CVS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CVS with respect to the benefits of owning CVS HEALTH security.