Corvel Corp Stock Analysis

CRVL Stock  USD 262.96  4.35  1.68%   
CorVel Corp is fairly valued with Real Value of 253.49 and Hype Value of 262.96. The main objective of CorVel Corp stock analysis is to determine its intrinsic value, which is an estimate of what CorVel Corp is worth, separate from its market price. There are two main types of CorVel Corp's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect CorVel Corp's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of CorVel Corp's stock to identify patterns and trends that may indicate its future price movements.
The CorVel Corp stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. CorVel Corp is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. CorVel Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and CorVel Corp's ongoing operational relationships across important fundamental and technical indicators.
  
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.

CorVel Stock Analysis Notes

About 47.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. CorVel Corp had 2:1 split on the 27th of June 2013. CorVel Corporation provides workers compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 4233 people. For more info on CorVel Corp please contact Gordon Clemons at 817 390 1416 or go to https://www.corvel.com.

CorVel Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. CorVel Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding CorVel Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
About 47.0% of the company shares are held by company insiders

CorVel Corp Upcoming and Recent Events

Earnings reports are used by CorVel Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to CorVel Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
30th of January 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
View

CorVel Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CorVel Corp's market, we take the total number of its shares issued and multiply it by CorVel Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

CorVel Profitablity

CorVel Corp's profitability indicators refer to fundamental financial ratios that showcase CorVel Corp's ability to generate income relative to its revenue or operating costs. If, let's say, CorVel Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, CorVel Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of CorVel Corp's profitability requires more research than a typical breakdown of CorVel Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.11 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.11.

Technical Drivers

As of the 28th of March, CorVel Corp shows the Downside Deviation of 1.7, mean deviation of 1.43, and Risk Adjusted Performance of 0.0419. CorVel Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for CorVel Corp, which can be compared to its rivals. Please confirm CorVel Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if CorVel Corp is priced correctly, providing market reflects its regular price of 262.96 per share. Given that CorVel Corp has jensen alpha of (0.03), we suggest you to validate CorVel Corp's prevailing market performance to make sure the company can sustain itself at a future point.

CorVel Corp Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. CorVel Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for CorVel Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

CorVel Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific CorVel Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on CorVel Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases CorVel Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

CorVel Corp Predictive Daily Indicators

CorVel Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of CorVel Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

CorVel Corp Forecast Models

CorVel Corp's time-series forecasting models are one of many CorVel Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CorVel Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About CorVel Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how CorVel Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CorVel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CorVel Corp. By using and applying CorVel Stock analysis, traders can create a robust methodology for identifying CorVel entry and exit points for their positions.
CorVel Corporation provides workers compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 4233 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding CorVel Corp to your portfolios without increasing risk or reducing expected return.

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When determining whether CorVel Corp is a strong investment it is important to analyze CorVel Corp'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 CorVel Corp's future performance. For an informed investment choice regarding CorVel Stock, refer to the following important reports:
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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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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.
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.