CVS Health Beta

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CVS -- USA Stock  

Earning Report: February 12, 2020  

CVS Health beta fundamental analysis lookup allows you to check this and other indicators for CVS Health Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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CVS Health Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Gross Profit
Beta 
 = 
Covariance 
Variance 
More About Beta | All Equity Analysis
CVS Health Beta  =
0.87
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CVS Health Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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Accumulated Other Comprehensive Income
In accordance with recently published financial statements CVS Health Corporation has Beta of 0.87. This indicator is about the same for the Healthcare average (which is currently at 0.86) sector, and significantly higher than that of Healthcare Plans industry, The Beta for all stocks is 680.0% lower than the firm.

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CVS Health Institutional Holders

Current Institutional Investors

Security TypeSharesValue
Hexavest IncCommon Shares1.2 M86.7 M
Artemis Investment Management LlpCommon Shares811.4 K60.2 M
Country Trust BankCommon Shares610.7 K45.4 M
Gateway Investment Advisers LlcCommon Shares596.3 K44.3 M
Birch Hill Investment Advisors LlcCommon Shares594.5 K44.2 M
Cacti Asset Management LlcCommon Shares487.9 K36.3 M
Gillespie Robinson Grimm IncCommon Shares413.4 K30.7 M
CVS Health returns are very sensitive to returns on the market. As market goes up or down, CVS Health is expected to follow.

CVS Health current financial ratios