CVS Health Stock Forecast - Period Momentum Indicator
| CVS Stock | USD 59.96 0.95 1.61% |
CVS Stock Forecast is based on your current time horizon.
CVS |
| Check CVS Health Volatility | Backtest CVS Health | Information Ratio |
CVS Health Trading Date Momentum
| On November 27 2024 CVS Health Corp was traded for 59.96 at the closing time. Highest CVS Health's price during the trading hours was 60.14 and the lowest price during the day was 58.89 . The net volume was 7.6 M. The overall trading history on the 27th of November did not affect price variability. The overall trading delta to current price is 1.58% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for CVS Health
For every potential investor in CVS, whether a beginner or expert, CVS Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CVS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CVS. Basic forecasting techniques help filter out the noise by identifying CVS Health's price trends.CVS Health Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CVS Health stock to make a market-neutral strategy. Peer analysis of CVS Health could also be used in its relative valuation, which is a method of valuing CVS Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CVS Health Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CVS Health's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CVS Health's current price.| Cycle Indicators | ||
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CVS Health Market Strength Events
Market strength indicators help investors to evaluate how CVS Health 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 Health shares will generate the highest return on investment. By undertsting and applying CVS Health stock market strength indicators, traders can identify CVS Health Corp entry and exit signals to maximize returns.
CVS Health Risk Indicators
The analysis of CVS Health's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CVS Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cvs stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.73 | |||
| Semi Deviation | 2.47 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.49 | |||
| Downside Variance | 6.61 | |||
| Semi Variance | 6.1 | |||
| Expected Short fall | (1.60) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Tools for CVS Stock Analysis
When running CVS Health's price analysis, check to measure CVS Health'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 Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.