CVS Corp Stock Alpha and Beta Analysis


USD 102.00  0.26  0.25%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as CVS Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in CVS Corp over a specified time horizon. Remember, high CVS 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.
Continue to CVS Corp Backtesting, CVS Corp Valuation, CVS Corp Correlation, CVS Corp Hype Analysis, CVS Corp Volatility, CVS Corp History and analyze CVS Corp Performance.
Please note that although CVS Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, CVS Corp did 0.08  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of CVS Corp stock's relative risk over its benchmark. CVS Corp has a beta of 0.85  . 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.
CVS Corp Enterprise Value over EBIT is relatively stable at the moment as compared to the past year. CVS Corp reported last year Enterprise Value over EBIT of 16.00. As of 08/08/2022, Enterprise Value over EBITDA is likely to grow to 12.06, while Book Value per Share is likely to drop 53.18.
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.

CVS Corp Quarterly Book Value per Share


CVS Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. CVS Corp market risk premium is the additional return an investor will receive from holding CVS 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 CVS 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 CVS Corp's performance over market.
α0.08   β0.85
90 days against DJI

CVS 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 CVS Corp's Buy-and-hold return. Our buy-and-hold chart shows how CVS Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

CVS Corp Market Price Analysis

Market price analysis indicators help investors to evaluate how CVS 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 CVS Corp shares will generate the highest return on investment. By understating and applying CVS Corp stock market price indicators, traders can identify CVS Corp position entry and exit signals to maximize returns.

CVS Corp Return and Market Media

The median price of CVS Corp for the period between Tue, May 10, 2022 and Mon, Aug 8, 2022 is 94.6 with a coefficient of variation of 3.21. The daily time series for the period is distributed with a sample standard deviation of 3.04, arithmetic mean of 94.93, and mean deviation of 2.37. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Financial Statements05/16/2022
Timeline Baby formula crunch in US forces scramble to boost ...05/25/2022
Acquisition by David Dorman of tradable shares of CVS Corp s...05/27/2022
CVS Corp exotic insider transaction detected06/06/2022
CVS Health Gains As Market Dips What You Should Know - Nasda...06/22/2022
EPS Estimate06/30/2022
Consumers Want a More Connected, Personal Health Care Experi...07/11/2022
2 Retail Pharmacy and Drugstore Stocks to Watch Amid Industr...07/19/2022
Top 5 2nd Quarter Trades of Goodwin Daniel L - GuruFocus.com07/22/2022
CVS Stock Forecast Stock down this week as margins get thinn...07/26/2022
Lipe Dalton Buys 3, Sells 2 in 2nd Quarter - GuruFocus.com08/01/2022
EPS Reported08/03/2022
CVS Health advances sustainability efforts through purchase ...08/04/2022
EPS Estimate08/05/2022
Stock Market Today Nvidia Revenue Warning Weighs on Stocks -...08/08/2022

About CVS 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in CVS 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.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.010.850.690.61
Interest Coverage3.954.795.278.15

CVS Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of CVS Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CVS Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of CVS Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of CVS Corp. Please utilize our Beneish M Score to check the likelihood of CVS Corp's management manipulating its earnings.
Upcoming Quarterly Report9th of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to CVS Corp Backtesting, CVS Corp Valuation, CVS Corp Correlation, CVS Corp Hype Analysis, CVS Corp Volatility, CVS Corp History and analyze CVS Corp Performance. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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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CVS 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.
A focus of CVS Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of CVS Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...