With this equity back-testing module your can estimate the performance of a buy and hold strategy of CVS Health Corporation and determine expected loss or profit from investing in CVS Health over given investment horizon. Check also CVS Health Hype Analysis, CVS Health Correlation, CVS Health Valuation, CVS Health Volatility as well as analyze CVS Health Alpha and Beta and CVS Health Performance.
|Horizon||30 Days Login to change|
CVS Health 'What if' Analysis
October 15, 20180.00
December 14, 20180.00
If you would invest 0.00 in CVS Health on October 15, 2018 and sell it all today you would earn a total of 0.00 from holding CVS Health Corporation or generate 0.0% return on investment in CVS Health over 60 days. CVS Health is related to or competes with Cigna, Express Scripts, Centene, Humana, Molina Healthcare, and Health Insurance. CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services
CVS Health Upside/Downside Indicators
CVS Health Market Premium Indicators
CVS Health Backtested Returns
Macroaxis considers CVS Health to be not too risky. CVS Health secures Sharpe Ratio (or Efficiency) of -0.0113 which signifies that CVS Health had -0.0113% of return per unit of volatility over the last 2 months. Macroaxis approach towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. CVS Health Corporation exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm CVS Health Risk Adjusted Performance of
(0.006166) and Mean Deviation of 1.7 to double-check risk estimate we provide. Macroaxis gives CVS Health performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.6402 which signifies that as returns on market increase, CVS Health returns are expected to increase less than the market. However during bear market, the loss on holding CVS Health will be expected to be smaller as well.. Even though it is essential to pay attention to CVS Health historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CVS Health Corporation exposes twenty-eight different technical indicators which can help you to evaluate its performance. CVS Health has expected return of -0.021%. Please be advised to confirm CVS Health Value At Risk as well as the relationship between Skewness and Day Median Price to decide if CVS Health past performance will be repeated at future time.
|15 days auto-correlation||(0.74)|
|Spearman Rank Test||-0.05|
CVS Health lagged returns against current returns
Current and Lagged Values
CVS Health regressed lagged prices vs. current prices
Current vs Lagged Prices
CVS Health Lagged Returns
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Check also CVS Health Hype Analysis, CVS Health Correlation, CVS Health Valuation, CVS Health Volatility as well as analyze CVS Health Alpha and Beta and CVS Health Performance. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.