Corvel Corp Stock Performance
| CRVL Stock | USD 231.13 1.17 0.50% |
The firm shows a Beta (market volatility) of 1.03, which signifies a somewhat significant risk relative to the market. CorVel Corp returns are very sensitive to returns on the market. As the market goes up or down, CorVel Corp is expected to follow. CorVel Corp has an expected return of -1.0E-4%. Please make sure to confirm CorVel Corp expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if CorVel Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days CorVel Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, CorVel Corp is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Actual Historical Performance (%)
One Day Return (1.35) | Five Day Return (1.82) | Year To Date Return (5.60) | Ten Year Return 368.82 | All Time Return 22.8 K |
Last Split Factor 2:1 | Last Split Date 2013-06-27 |
1 | NewEdge Wealth LLC Purchases 2590 Shares of CorVel Co. - MarketBeat | 02/06/2024 |
2 | Disposition of 1700 shares by Obrien Brandon of CorVel Corp at 87.69 subject to Rule 16b-3 | 02/20/2024 |
3 | CorVel Corp CFO Brandon OBrien Sells Company Shares | 02/23/2024 |
4 | CorVel Launches Center of Excellence for Vocational Evaluation Services | 02/28/2024 |
5 | CorVel Co. Director Sells 793,204.60 in Stock | 02/29/2024 |
6 | Stifel Financial Corp Boosts Stake in CorVel Co. - MarketBeat | 03/04/2024 |
7 | Tudor Investment Corp Et Al Sells 6,448 Shares of CorVel Co. - MarketBeat | 03/12/2024 |
8 | Acquisition by Clemons V Gordon of 41950 shares of CorVel Corp subject to Rule 16b-3 | 03/13/2024 |
9 | CorVel Downgraded by StockNews.com - Defense World | 03/15/2024 |
10 | State of Alaska Department of Revenue Sells 70 Shares of CorVel Co. - Defense World | 04/08/2024 |
| Begin Period Cash Flow | 97.5 M | |
| Total Cashflows From Investing Activities | -26.3 M |
CorVel |
CorVel Corp Relative Risk vs. Return Landscape
If you would invest 23,374 in CorVel Corp on January 19, 2024 and sell it today you would lose (261.00) from holding CorVel Corp or give up 1.12% of portfolio value over 90 days. CorVel Corp is currently does not generate positive expected returns and assumes 1.8983% risk (volatility on return distribution) over the 90 days horizon. In different words, 16% of stocks are less volatile than CorVel, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
CorVel Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for CorVel Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CorVel Corp, and traders can use it to determine the average amount a CorVel Corp'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 = -1.0E-4
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| Negative Returns | CRVL |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CorVel Corp is not performing at its full potential. However, 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 CorVel Corp to a well-diversified portfolio.
CorVel Corp Fundamentals Growth
CorVel Stock prices reflect investors' perceptions of the future prospects and financial health of CorVel Corp, and CorVel Corp 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 CorVel Stock performance.
| Return On Equity | 0.35 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 4 B | ||||
| Shares Outstanding | 17.09 M | ||||
| Price To Earning | 64.27 X | ||||
| Price To Book | 17.32 X | ||||
| Price To Sales | 5.23 X | ||||
| Revenue | 718.56 M | ||||
| Gross Profit | 152.11 M | ||||
| EBITDA | 84.55 M | ||||
| Net Income | 66.36 M | ||||
| Cash And Equivalents | 94.31 M | ||||
| Cash Per Share | 5.42 X | ||||
| Total Debt | 23.86 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.44 X | ||||
| Book Value Per Share | 13.66 X | ||||
| Cash Flow From Operations | 82.29 M | ||||
| Earnings Per Share | 4.31 X | ||||
| Market Capitalization | 4.08 B | ||||
| Total Asset | 393.92 M | ||||
| Retained Earnings | 731.67 M | ||||
| Working Capital | 75.88 M | ||||
| Current Asset | 123.11 M | ||||
| Current Liabilities | 80.42 M | ||||
About CorVel Corp Performance
To evaluate CorVel 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 CorVel Corp 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 CorVel 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 CorVel Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents CorVel'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | -68.4 K | -65 K | |
| Return On Tangible Assets | 0.17 | 0.13 | |
| Return On Capital Employed | 0.24 | 0.23 | |
| Return On Assets | 0.15 | 0.11 | |
| Return On Equity | 0.30 | 0.17 |
Things to note about CorVel Corp performance evaluation
Checking the ongoing alerts about CorVel Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for CorVel Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| CorVel Corp generated a negative expected return over the last 90 days | |
| About 47.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: State of Alaska Department of Revenue Sells 70 Shares of CorVel Co. - Defense World |
- Analyzing CorVel Corp'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 CorVel Corp's stock is overvalued or undervalued compared to its peers.
- Examining CorVel Corp'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 CorVel Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of CorVel Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of CorVel Corp's stock. These opinions can provide insight into CorVel Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for CorVel Stock analysis
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 4.31 | 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.