Cvs Health Corp Stock Performance

CVS Stock  USD 77.57  0.17  0.22%   
CVS Health has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0638, which signifies not very significant fluctuations relative to the market. As returns on the market increase, CVS Health returns are expected to increase less than the market. However, during the bear market, the loss on holding CVS Health will be expected to be smaller as well. Although it is important to respect CVS Health Corp historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. CVS Health Corp currently shows a risk of 1.28%. Please confirm CVS Health Corp value at risk, as well as the relationship between the skewness and day median price to decide if CVS Health Corp will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in CVS Health Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, CVS Health is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more

Actual Historical Performance (%)

One Day Return
0.22
Five Day Return
3.74
Year To Date Return
(4.06)
Ten Year Return
5.52
All Time Return
4.7 K
Forward Dividend Yield
0.0344
Payout Ratio
0.2838
Last Split Factor
2:1
Forward Dividend Rate
2.66
Dividend Date
2024-02-01
 
CVS Health dividend paid on 1st of February 2024
02/01/2024
1
CVS Health Co. Shares Sold by CenterBook Partners LP
02/21/2024
2
Disposition of 6698 shares by Laurie Havanec of CVS Health at 76.43 subject to Rule 16b-3
02/26/2024
3
STAT Pharmalittle Were reading about the FTC vs. PBMs, FDA adcomm voting and more
02/28/2024
4
CVS considering Medicare Advantage benefit cuts
03/05/2024
5
Should You Pick CVS Stock At 75 After A 6 percent Fall This Year
03/08/2024
6
CVS Health Co. Shares Sold by Auxier Asset Management
03/11/2024
7
Tompkins Financial Corp Has 380,000 Stake in CVS Health Co.
03/12/2024
8
Disposition of 33402 shares by Thomas Cowhey of CVS Health at 74.31 subject to Rule 16b-3
03/13/2024
9
Hot Dividend Stocks The 3 Best Opportunities for Passive Income Investing
03/18/2024
Begin Period Cash Flow13.3 B
  

CVS Health Relative Risk vs. Return Landscape

If you would invest  7,654  in CVS Health Corp on December 20, 2023 and sell it today you would earn a total of  103.00  from holding CVS Health Corp or generate 1.35% return on investment over 90 days. CVS Health Corp is generating 0.0303% of daily returns assuming volatility of 1.2766% on return distribution over 90 days investment horizon. In other words, 11% of stocks are less volatile than CVS, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon CVS Health is expected to generate 4.36 times less return on investment than the market. In addition to that, the company is 2.26 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

CVS Health Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CVS Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CVS Health Corp, and traders can use it to determine the average amount a CVS Health's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0238

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Negative ReturnsCVS

Estimated Market Risk

 1.28
  actual daily
11
89% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average CVS Health is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.

CVS Health Fundamentals Growth

CVS Stock prices reflect investors' perceptions of the future prospects and financial health of CVS Health, and CVS Health fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on CVS Stock performance.

About CVS Health Performance

To evaluate CVS Health Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CVS Health generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CVS Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CVS Health Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CVS's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
CVS Health Corporation provides health services in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 216000 people.

Things to note about CVS Health Corp performance evaluation

Checking the ongoing alerts about CVS Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CVS Health Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 79.39 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. CVS Health Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CVS Health until it has trouble settling it off, either with new capital or with free cash flow. So, CVS Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CVS Health Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CVS to invest in growth at high rates of return. When we think about CVS Health's use of debt, we should always consider it together with cash and equity.
Over 83.0% of CVS Health shares are held by institutions such as insurance companies
On 1st of February 2024 CVS Health paid $ 0.665 per share dividend to its current shareholders
Latest headline from investorplace.com: Hot Dividend Stocks The 3 Best Opportunities for Passive Income Investing
Evaluating CVS Health's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate CVS Health's stock performance include:
  • Analyzing CVS Health's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether CVS Health's stock is overvalued or undervalued compared to its peers.
  • Examining CVS Health's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating CVS Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CVS Health's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of CVS Health's stock. These opinions can provide insight into CVS Health's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating CVS Health's stock performance is not an exact science, and many factors can impact CVS Health's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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.
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Is CVS Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Health. If investors know CVS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Health's market value can be influenced by many factors that don't directly affect CVS Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.