Macroaxis considers CVS Health not too risky given 1 month investment horizon. CVS Health secures Sharpe Ratio (or Efficiency) of 0.2518 which signifies that CVS Health had 0.2518% of return per unit of volatility over the last 1 month. Our approach towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing CVS Health technical indicators you can now evaluate if the expected return of 0.511% is justified by implied risk. Please makes use of CVS Health Risk Adjusted Performance of 0.01 and Mean Deviation of 1.57 to double-check if our risk estimates are consistent with your expectations.
|Time Horizon||30 Days Login to change|
CVS Health Technical Analysis