As of 23 of October CVS Health shows Mean Deviation of 1.14 and Risk Adjusted Performance of 0.1908. CVS Health 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 future prices. In plain English 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 found nineteen technical drivers for CVS Health Corporation which can be compared to its rivals. Please confirm CVS Health Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if CVS Health is priced some-what accurately providing market reflects its regular price of 66.16 per share. Given that CVS Health has Jensen Alpha of 0.3171, we suggest you validate CVS Health Corporation prevailing market performance to make sure the company can sustain itself at some point future time.
CVS Health Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|CVS Health Analyst Advice|
|Horizon||30 Days Login to change|
CVS Health Technical Analysis
CVS Health Trend AnalysisUse this graph to draw trend lines for CVS Health Corporation. You can use it to identify possible trend reversals for CVS Health as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual CVS Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
CVS Health Best Fit Change LineThe following chart estimates an ordinary least squares regression model for CVS Health Corporation applied against its price change over selected period. The best fit line has a slop of 0.13 which may imply that CVS Health Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 673.86, which is the sum of squared deviations for the predicted CVS Health price change compared to its average price change.
CVS Health October 23, 2019 Technical Indicators
|Risk Adjusted Performance||0.1908|
|Market Risk Adjusted Performance||0.3195|
|Coefficient Of Variation||522.58|
|Total Risk Alpha||0.3351|
|Value At Risk||(2.16)|
|Expected Short fall||(1.25)|
CVS Health October 23, 2019 Daily Price Condition
|Daily Balance Of Power||(0.55)|
|Rate Of Daily Change||0.99|
|Day Median Price||66.09|
|Day Typical Price||66.12|
|Price Action Indicator||(0.14)|