Cigna Corp Stock Price on September 22, 2022

CI Stock  USD 344.50  12.68  3.55%   
Below is the normalized historical share price chart for Cigna Corp extending back to March 31, 1982. 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 Cigna Corp stands at 344.50, as last reported on the 2nd of May, with the highest price reaching 361.71 and the lowest price hitting 342.68 during the day.
IPO Date
31st of March 1982
200 Day MA
309.226
50 Day MA
350.392
Beta
0.576
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cigna Stock, it is important to understand the factors that can impact its price. We consider Cigna Corp very steady. Cigna Corp secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Cigna Corp, which you can use to evaluate the volatility of the firm. Please confirm Cigna Corp's Mean Deviation of 0.7001, risk adjusted performance of 0.1378, and Downside Deviation of 0.971 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%.
  
As of now, Cigna Corp's Issuance Of Capital Stock is increasing as compared to previous years. The Cigna Corp's current Stock Based Compensation To Revenue is estimated to increase to 0, while Liabilities And Stockholders Equity is projected to decrease to under 89 B. . As of now, Cigna Corp's Price Cash Flow Ratio is decreasing as compared to previous years. The Cigna Corp's current Price Sales Ratio is estimated to increase to 0.48, while Price Earnings Ratio is projected to decrease to 9.53. Cigna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1601

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Estimated Market Risk

 0.8
  actual daily
7
93% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Cigna Corp is performing at about 12% 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 Cigna Corp by adding it to a well-diversified portfolio.
Price Book
2.1468
Price Sales
0.5084
Shares Float
290.9 M
Dividend Share
4.92
Wall Street Target Price
383.14

Cigna Corp Main Headline on 22nd of September 2022

Cigna Corp dividend paid on 22nd of September 2022

Cigna Corp Valuation on September 22, 2022

It is possible to determine the worth of Cigna Corp on a given historical date. On September 22, 2022 Cigna was worth 284.76 at the beginning of the trading date compared to the closed value of 275.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cigna Corp stock. Still, in general, we apply an absolute valuation method to find Cigna Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cigna Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cigna Corp's related companies.
 Open High Low Close Volume
  291.07    294.28    277.73    277.73    1,802,100  
09/22/2022
  284.76    285.36    275.73    275.73    1,176,000  
  280.67    280.89    270.73    270.73    1,892,200  
Backtest Cigna Corp  |  Cigna Corp History  |  Cigna Corp Valuation   PreviousNext  
Open Value
284.76
282.37
Downside
275.73
Closing Value
287.15
Upside

Cigna Corp Trading Date Momentum on September 22, 2022

On September 23 2022 Cigna Corp was traded for  270.73  at the closing time. The highest price during the trading period was 280.89  and the lowest recorded bid was listed for  270.73 . The volume for the day was 1.9 M. This history from September 23, 2022 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.81% . The overall trading delta to the current price is 1.82% .

Cigna Corp Fundamentals Correlations and Trends

By evaluating Cigna Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cigna Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cigna financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cigna Corp Stock history

Cigna 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 Cigna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cigna 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 Cigna Corp stock prices may prove useful in developing a viable investing in Cigna Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding296.9 M365.5 M
Net Income Applicable To Common Shares7.7 B8.1 B

Cigna Corp Stock Technical Analysis

Cigna 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.
A focus of Cigna Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cigna Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cigna Corp Period Price Range

Low
September 22, 2022
-9.03  -3.17%
High

 284.76 

     

 275.73 

Cigna Corp May 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Cigna 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 Cigna Corp shares will generate the highest return on investment. By undertsting and applying Cigna Corp stock market strength indicators, traders can identify Cigna Corp entry and exit signals to maximize returns

Cigna Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cigna Corp's price direction in advance. Along with the technical and fundamental analysis of Cigna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cigna 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.
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna 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 gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Cigna Corp's price analysis, check to measure Cigna 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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna 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 Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna 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 Cigna Corp. If investors know Cigna 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 Cigna 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
(0.10)
Dividend Share
4.92
Earnings Share
17.39
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna 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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna 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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna 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.