Cvs Health Corp Stock Price on October 29, 2019

CVS Stock  USD 79.43  0.11  0.14%   
Below is the normalized historical share price chart for CVS Health Corp extending back to November 05, 1984. 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 CVS Health stands at 79.43, as last reported on the 28th of March, with the highest price reaching 79.99 and the lowest price hitting 78.71 during the day.
IPO Date
17th of December 1984
200 Day MA
72.4426
50 Day MA
75.619
Beta
0.499
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in CVS Stock, it is important to understand the factors that can impact its price. We consider CVS Health very steady. CVS Health Corp secures Sharpe Ratio (or Efficiency) of 0.0257, which signifies that the company had a 0.0257% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CVS Health Corp, which you can use to evaluate the volatility of the firm. Please confirm CVS Health's risk adjusted performance of 0.0221, and Mean Deviation of 0.897 to double-check if the risk estimate we provide is consistent with the expected return of 0.0324%.
  
At this time, CVS Health's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 262.2 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (32.1 B). . At this time, CVS Health's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 10.25 in 2024, whereas Price To Sales Ratio is likely to drop 0.27 in 2024. CVS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0257

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Negative ReturnsCVS

Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
1
99% of assets perform better
Based on monthly moving average CVS Health 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 CVS Health by adding it to a well-diversified portfolio.
Price Book
1.3055
Enterprise Value Ebitda
9.2186
Price Sales
0.2804
Shares Float
1.3 B
Dividend Share
2.42

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 CVS Health Stock history

CVS Health 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 CVS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CVS Health 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 CVS Health stock prices may prove useful in developing a viable investing in CVS Health
Last ReportedProjected for 2024
Common Stock Shares Outstanding1.3 B984.2 M
Net Income Applicable To Common Shares4.8 B3.7 B

CVS Health Stock Technical Analysis

CVS Health 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 CVS Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CVS Health 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

CVS Health Period Price Range

CVS Health March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how CVS Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CVS Health shares will generate the highest return on investment. By undertsting and applying CVS Health stock market strength indicators, traders can identify CVS Health Corp entry and exit signals to maximize returns

CVS Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CVS Health's price direction in advance. Along with the technical and fundamental analysis of CVS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CVS 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 CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health 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.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for CVS Stock analysis

When running CVS Health's price analysis, check to measure CVS Health'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 CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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Is CVS Health'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 CVS Health. If investors know CVS 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 CVS Health 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
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health'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 CVS Health's market value can be influenced by many factors that don't directly affect CVS Health'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 CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health'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.