CVS Corp Stock Technical Analysis

CVS
 Stock
  

USD 93.20  1.34  1.42%   

As of the 29th of June, CVS Corp shows the mean deviation of 1.31, and Risk Adjusted Performance of (0.16). CVS Corp 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's future prices. Put another way, 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 were able to interpolate and analyze data for nineteen technical drivers for CVS Corp, which can be compared to its rivals. Please confirm CVS Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if CVS Corp is priced some-what accurately, providing market reflects its regular price of 93.2 per share. Given that CVS Corp has jensen alpha of (0.06), we suggest you to validate CVS Corp's prevailing market performance to make sure the company can sustain itself at some point in the future.
  
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CVS Corp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CVS Corp, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CVS Corp
CVS Corp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

CVS Corp Analyst Consensus

Target PriceAdvice# of Analysts
111.0Buy17Odds
CVS Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most CVS Corp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand CVS Corp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of CVS Corp, talking to its executives and customers, or listening to CVS Corp conference calls.
CVS Corp Analyst Advice Details
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...

CVS Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourty-six with a total number of output elements of fifteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of CVS Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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CVS Corp Trend Analysis

Use this graph to draw trend lines for CVS Corp. You can use it to identify possible trend reversals for CVS Corp 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 Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

CVS Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for CVS Corp applied against its price change over selected period. The best fit line has a slop of   -0.21  , which may imply that the returns on investment in CVS Corp will continue to fail. It has 122 observation points and a regression sum of squares at 1699.33, which is the sum of squared deviations for the predicted CVS Corp price change compared to its average price change.

About CVS Corp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of CVS Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of CVS Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CVS Corp stock first instead of the macroeconomic environment surrounding CVS Corp. By analyzing CVS Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of CVS Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to CVS Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity1.010.850.690.61
Interest Coverage3.954.795.278.15

CVS Corp June 29, 2022 Technical Indicators

Most technical analysis of CVS Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for CVS Corp from various momentum indicators to cycle indicators. When you analyze CVS Corp charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

CVS Corp June 29, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as CVS Corp stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for CVS Corp Stock analysis

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
123.9 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.