CVS HEALTH Number Of Employees vs. Return On Equity
| CVS Stock | 13.74 0.23 1.65% |
For CVS HEALTH profitability analysis, we use financial ratios and fundamental drivers that measure the ability of CVS HEALTH to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well CVS HEALTH CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between CVS HEALTH's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of CVS HEALTH CDR over time as well as its relative position and ranking within its peers.
CVS |
CVS HEALTH CDR Return On Equity vs. Number Of Employees Fundamental Analysis
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. CVS HEALTH CDR is number one stock in number of employees category among its peers. It also is number one stock in return on equity category among its peers . The ratio of Number Of Employees to Return On Equity for CVS HEALTH CDR is about 3,268,657 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CVS HEALTH by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CVS HEALTH's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CVS Number Of Employees vs. Competition
CVS HEALTH CDR is number one stock in number of employees category among its peers. The total workforce of Health Care industry is currently estimated at about 347,682. CVS HEALTH totals roughly 219,000 in number of employees claiming about 63% of equities under Health Care industry.
CVS Return On Equity vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
CVS HEALTH |
| = | 219 K |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
CVS HEALTH |
| = | 0.067 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CVS Return On Equity Comparison
CVS HEALTH is currently under evaluation in return on equity category among its peers.
CVS HEALTH Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in CVS HEALTH, profitability is also one of the essential criteria for including it into their portfolios because, without profit, CVS HEALTH will eventually generate negative long term returns. The profitability progress is the general direction of CVS HEALTH's change in net profit over the period of time. It can combine multiple indicators of CVS HEALTH, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
CVS HEALTH is entity of Canada. It is traded as Stock on NEO exchange.
CVS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on CVS HEALTH. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of CVS HEALTH position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the CVS HEALTH's important profitability drivers and their relationship over time.
Use CVS HEALTH in pair-trading
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.CVS HEALTH Pair Trading
CVS HEALTH CDR Pair Trading Analysis
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.Use Investing Themes to Complement your CVS HEALTH position
In addition to having CVS HEALTH in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Wireless Thematic Idea Now
Wireless
Companies providing wireless technology and communication services. The Wireless theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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Other Information on Investing in CVS Stock
To fully project CVS HEALTH's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of CVS HEALTH CDR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include CVS HEALTH's income statement, its balance sheet, and the statement of cash flows.