Thomas Cowhey - CVS HEALTH Executive CFO

CVS Stock   14.97  0.52  3.60%   

CFO

Thomas Cowhey is Executive CFO of CVS HEALTH CDR
Age 52
Address One CVS Drive, Woonsocket, RI, United States, 02895
Phone401 765 1500
Webhttps://www.cvshealth.com

Thomas Cowhey Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas Cowhey against CVS HEALTH stock is an integral part of due diligence when investing in CVS HEALTH. Thomas Cowhey insider activity provides valuable insight into whether CVS HEALTH is net buyers or sellers over its current business cycle. Note, CVS HEALTH insiders must abide by specific rules, including filing SEC forms every time they buy or sell CVS HEALTH'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

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CVS HEALTH CDR (CVS) is traded on NEO Exchange in Canada and employs 219,000 people. CVS HEALTH is listed under Health Care Providers & Services category by Fama And French industry classification.

Management Performance

CVS HEALTH CDR Leadership Team

Elected by the shareholders, the CVS HEALTH's board of directors comprises two types of representatives: CVS HEALTH inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CVS. The board's role is to monitor CVS HEALTH's management team and ensure that shareholders' interests are well served. CVS HEALTH's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CVS HEALTH's outside directors are responsible for providing unbiased perspectives on the board's policies.
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James Clark, Controller VP
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David Falkowski, Executive Officer
FACEP MD, VP Officer
Laurence McGrath, Senior Relations
Laurie Havanec, Executive Officer
David CEBS, Executive Caremark
Tilak Mandadi, Data, Digital
Thomas Cowhey, Executive CFO
Gustavo Giraldo, Head Benefits
Samrat Esq, Chief VP
Heidi Capozzi, Executive Officer
Sheryl Burke, Chief Responsibility
MPP MD, Senior President
Karen Lynch, CEO President
Michelle Peluso, Executive Officer

CVS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CVS HEALTH a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CVS HEALTH

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVS HEALTH position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVS HEALTH will appreciate offsetting losses from the drop in the long position's value.

Moving against CVS Stock

  0.33JPM JPMorgan ChasePairCorr
The ability to find closely correlated positions to CVS HEALTH could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVS HEALTH when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVS HEALTH - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVS HEALTH CDR to buy it.
The correlation of CVS HEALTH is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVS HEALTH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVS HEALTH CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVS HEALTH can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.