CVS Health Total Risk Alpha

CVS Health Corporation -- USA Stock  

USD 70.68  0.72  1.01%

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CVS Health Corporation has current Total Risk Alpha of (0.51). The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
CVS Health 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
(0.51)
ER[a] =   Expected return on investing in CVS Health
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on CVS Health
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

CVS Health Corporation is rated below average in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare CVS Health to competition
CVS Health Corporationration, together with its subsidiaries, offer integrated pharmacy health care services. more
NameCVS Health Corporation
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
BBB+Good
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00064803.0
ISINUS1266501006
CUSIP126650100
CurrencyUSD - US Dollar