Corvel Corp Stock Alpha and Beta Analysis
| CRVL Stock | USD 370.44 10.25 2.85% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CorVel Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in CorVel Corp over a specified time horizon. Remember, high CorVel Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to CorVel Corp's market risk premium analysis include:
Beta 1.99 | Alpha 0.0519 | Risk 2.12 | Sharpe Ratio 0.13 | Expected Return 0.28 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
CorVel |
CorVel Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CorVel Corp market risk premium is the additional return an investor will receive from holding CorVel Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CorVel Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate CorVel Corp's performance over market.| α | 0.05 | β | 1.99 |
CorVel Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of CorVel Corp's Buy-and-hold return. Our buy-and-hold chart shows how CorVel Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.CorVel Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how CorVel 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 CorVel Corp shares will generate the highest return on investment. By understating and applying CorVel Corp stock market price indicators, traders can identify CorVel Corp position entry and exit signals to maximize returns.
CorVel Corp Return and Market Media
The median price of CorVel Corp for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 316.25 with a coefficient of variation of 5.95. The daily time series for the period is distributed with a sample standard deviation of 19.08, arithmetic mean of 320.82, and mean deviation of 14.28. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Acquisition by Obrien Brandon of 400 shares of CorVel Corp at 87.69 subject to Rule 16b-3 | 09/03/2024 |
2 | Disposition of 268 shares by Obrien Brandon of CorVel Corp at 320.0 subject to Rule 16b-3 | 09/05/2024 |
3 | Disposition of 5000 shares by Corstar Holdings Inc of CorVel Corp at 260.77 subject to Rule 16b-3 | 09/06/2024 |
4 | Disposition of 33000 shares by Clemons V Gordon of CorVel Corp subject to Rule 16b-3 | 09/13/2024 |
5 | Acquisition by Mark Bertels of tradable shares of CorVel Corp at 310.5455 subject to Rule 16b-3 | 09/30/2024 |
6 | CorVel Corp Q1 2025 Earnings Call Highlights Strong Revenue Growth and Strategic ... | 10/09/2024 |
7 | Should Janus Henderson Small Cap Growth Alpha ETF Be on Your Investing Radar | 10/21/2024 |
8 | The Rise of Insurance Third Party Administrator Market A 544.67 Billion Industry Dominated by Tech Giants - Sedgwick, Crawford and Company and CorVel Corp The I... | 10/30/2024 |
9 | CorVel GAAP EPS of 1.35, revenue of 224M | 11/05/2024 |
10 | CorVel Corp Q2 2025 Earnings Call Highlights Revenue and EPS Surge Amid Strategic ... | 11/06/2024 |
11 | Disposition of 1500 shares by Hoops Alan of CorVel Corp at 345.5313 subject to Rule 16b-3 | 11/07/2024 |
12 | Disposition of 1000 shares by Clemons V Gordon of CorVel Corp at 362.3101 subject to Rule 16b-3 | 11/08/2024 |
13 | Disposition of 2000 shares by Clemons V Gordon of CorVel Corp at 365.0 subject to Rule 16b-3 | 11/11/2024 |
14 | CorVel CEO Michael Combs sells 1.04 million in stock | 11/13/2024 |
15 | Insider Sale CEO President Michael Combs Sells Shares of CorVel Corp | 11/14/2024 |
16 | Disposition of 800 shares by Clemons V Gordon of CorVel Corp at 362.0 subject to Rule 16b-3 | 11/19/2024 |
17 | Earnings call Nanox reports progress in medical imaging and AI | 11/21/2024 |
About CorVel Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including CorVel or other stocks. Alpha measures the amount that position in CorVel Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0564 | 0.0502 | Price To Sales Ratio | 5.53 | 5.8 |
CorVel Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of CorVel Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CorVel Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CorVel Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CorVel Corp. Please utilize our Beneish M Score to check the likelihood of CorVel Corp's management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with CorVel Corp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out CorVel Corp Backtesting, CorVel Corp Valuation, CorVel Corp Correlation, CorVel Corp Hype Analysis, CorVel Corp Volatility, CorVel Corp History and analyze CorVel Corp Performance. For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
CorVel 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.