CVS Corp Stock Performance

CVS
 Stock
  

USD 93.94  1.28  1.38%   

The firm shows a Beta (market volatility) of 0.8998, which signifies possible diversification benefits within a given portfolio. Let's try to break down what CVS Corp's beta means in this case. CVS Corp returns are very sensitive to returns on the market. As the market goes up or down, CVS Corp is expected to follow. Even though it is essential to pay attention to CVS Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our approach towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CVS Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. CVS Corp has an expected return of -0.0755%. Please be advised to confirm CVS Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if CVS Corp performance from the past will be repeated at future time.
  
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CVS Corp Performance
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Over the last 90 days CVS Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, CVS Corp is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0234
Payout Ratio
0.24
Last Split Factor
2:1
Forward Annual Dividend Rate
2.2
Dividend Date
2022-05-02
Ex Dividend Date
2022-04-21
Last Split Date
2005-06-07

CVS Corp Price Channel

Quick Ratio0.54
Fifty Two Week Low79.33
Target High Price127.00
Fifty Two Week High111.25
Payout Ratio34.11%
Trailing Annual Dividend Yield2.20%
Target Low Price98.00

CVS Corp Relative Risk vs. Return Landscape

If you would invest  9,948  in CVS Corp on April 4, 2022 and sell it today you would lose (554.00)  from holding CVS Corp or give up 5.57% of portfolio value over 90 days. CVS Corp is generating negative expected returns assuming volatility of 1.7653% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than CVS Corp, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon CVS Corp is expected to generate 1.23 times more return on investment than the market. However, the company is 1.23 times more volatile than its market benchmark. It trades about -0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

CVS Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for CVS Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as CVS Corp, and traders can use it to determine the average amount a CVS Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0428

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Negative ReturnsCVS
Estimated Market Risk
 1.77
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 -0.08
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average CVS Corp is performing at about 0% 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 Corp by adding it to a well-diversified portfolio.

About CVS Corp Performance

To evaluate CVS Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when CVS Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare CVS Corp Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand CVS Corp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents CVS Corp's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-4.6 M-5 M
Return on Investment 9.95  12.74 
Return on Average Assets 0.034  0.038 
Return on Average Equity 0.11  0.10 
Return on Invested Capital 0.1  0.14 
Return on Sales 0.044  0.0447 
CVS Health Corporation provides health services in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 216000 people.

Things to note about CVS Corp

Checking the ongoing alerts about CVS Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CVS Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

CVS Corp Alerts

Equity Alerts and Improvement Suggestions

CVS Corp generated a negative expected return over the last 90 days
The company has 75.92 B in debt with debt to equity (D/E) ratio of 1.02, which is OK given its current industry classification. CVS Corp has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist CVS Corp until it has trouble settling it off, either with new capital or with free cash flow. So, CVS Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CVS Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CVS Corp to invest in growth at high rates of return. When we think about CVS Corp's use of debt, we should always consider it together with cash and equity.
CVS Corp has a strong financial position based on the latest SEC filings
Over 80.0% of CVS Corp shares are held by institutions such as insurance companies
Latest headline from www.wral.com: Acquisition by Chaguturu Sreekanth K of tradable shares of CVS Corp subject to Rule 16b-3
Continue to Trending Equities. Note that the CVS Corp information on this page should be used as a complementary analysis to other CVS Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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When running CVS Corp price analysis, check to measure CVS 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 CVS Corp is operating at the current time. Most of CVS Corp's value examination focuses on studying past and present price action to predict the probability of CVS Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CVS Corp's price. Additionally, you may evaluate how the addition of CVS Corp to your portfolios can decrease your overall portfolio volatility.
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Is CVS 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 CVS Corp. If investors know CVS Corp 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 Corp 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 YOY
0.036
Market Capitalization
123.2 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.0386
Return On Equity
0.11
The market value of CVS Corp is measured differently than its book value, which is the value of CVS Corp that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Corp's value that differs from its market value or its book value, called intrinsic value, which is CVS 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 CVS Corp's market value can be influenced by many factors that don't directly affect CVS 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 CVS Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine CVS Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS 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.