Corvel Corp Stock Price on February 13, 2019
| CRVL Stock | USD 235.06 0.70 0.30% |
Below is the normalized historical share price chart for CorVel Corp extending back to June 28, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of CorVel Corp stands at 235.06, as last reported on the 23rd of April, with the highest price reaching 237.15 and the lowest price hitting 233.73 during the day.
If you're considering investing in CorVel Stock, it is important to understand the factors that can impact its price. We consider CorVel Corp very steady. CorVel Corp secures Sharpe Ratio (or Efficiency) of 0.0212, which signifies that the company had a 0.0212% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for CorVel Corp, which you can use to evaluate the volatility of the firm. Please confirm CorVel Corp's Mean Deviation of 1.5, risk adjusted performance of 0.023, and Downside Deviation of 1.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0403%.
At this time, CorVel Corp's Total Stockholder Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 25.1 M this year, although the value of Common Stock Total Equity will most likely fall to 2,888. . At this time, CorVel Corp's Price To Book Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 4.34 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 26.63. CorVel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of June 1991 | 200 Day MA 221.7972 | 50 Day MA 244.6142 | Beta 1.066 |
CorVel |
Sharpe Ratio = 0.0212
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Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.04 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 CorVel Corp 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 CorVel Corp by adding it to a well-diversified portfolio.
Price Book 17.3175 | Enterprise Value Ebitda 32.8272 | Price Sales 5.2283 | Shares Float 9.1 M | Earnings Share 4.32 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About CorVel Corp Stock history
CorVel Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CorVel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CorVel Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CorVel Corp stock prices may prove useful in developing a viable investing in CorVel Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 15.8 M | 25.1 M | |
| Net Income Applicable To Common Shares | 76.3 M | 80.1 M |
CorVel Corp Quarterly Net Working Capital |
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CorVel Corp Stock Technical Analysis
CorVel Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CorVel Corp Period Price Range
CorVel Corp April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how CorVel Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CorVel Corp shares will generate the highest return on investment. By undertsting and applying CorVel Corp stock market strength indicators, traders can identify CorVel Corp entry and exit signals to maximize returns
CorVel Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CorVel Corp's price direction in advance. Along with the technical and fundamental analysis of CorVel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CorVel to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0373 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel 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. For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running CorVel Corp's price analysis, check to measure CorVel Corp'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 CorVel Corp is operating at the current time. Most of CorVel Corp's value examination focuses on studying past and present price action to predict the probability of CorVel Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CorVel Corp's price. Additionally, you may evaluate how the addition of CorVel Corp to your portfolios can decrease your overall portfolio volatility.
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Is CorVel Corp'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 CorVel Corp. If investors know CorVel 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 CorVel Corp 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 0.031 | Earnings Share 4.32 | Revenue Per Share 45.138 | Quarterly Revenue Growth 0.128 | Return On Assets 0.1394 |
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp'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 CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp'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 CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp'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.