Cigna Corp Stock Price on June 4, 2024

CI Stock  USD 280.70  6.21  2.26%   
If you're considering investing in Cigna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cigna Corp stands at 280.70, as last reported on the 3rd of January, with the highest price reaching 282.02 and the lowest price hitting 273.73 during the day. Cigna Corp secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Cigna Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cigna Corp's Standard Deviation of 2.16, risk adjusted performance of (0.1), and Mean Deviation of 1.5 to double-check the risk estimate we provide.
  
Cigna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1283

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Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cigna Corp is not performing at its full potential. However, 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 Cigna Corp by adding Cigna Corp to a well-diversified portfolio.

Cigna Corp Valuation on June 4, 2024

It is possible to determine the worth of Cigna Corp on a given historical date. On June 4, 2024 Cigna was worth 335.55 at the beginning of the trading date compared to the closed value of 334.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cigna Corp stock. Still, in general, we apply an absolute valuation method to find Cigna Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cigna Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cigna Corp's related companies.
 Open High Low Close Volume
  336.50    340.57    335.13    337.37    1,500,500  
06/04/2024
  335.55    335.55    328.62    334.37    1,654,900  
  334.92    335.87    326.89    331.51    1,552,000  
Backtest Cigna Corp  |  Cigna Corp History  |  Cigna Corp Valuation   PreviousNext  
Open Value
335.55
329.08
Downside
334.37
Closing Value
342.02
Upside

Cigna Corp Trading Date Momentum on June 4, 2024

On June 05 2024 Cigna Corp was traded for  331.51  at the closing time. The highest price during the trading period was 335.87  and the lowest recorded bid was listed for  326.89 . The volume for the day was 1.6 M. This history from June 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.86% . The overall trading delta to the current price is 1.36% .

Cigna Corp Fundamentals Correlations and Trends

By evaluating Cigna Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cigna Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cigna financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cigna Corp Stock history

Cigna Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cigna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cigna Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cigna Corp stock prices may prove useful in developing a viable investing in Cigna Corp
Cigna Corporation provides insurance and related products and services in the United States. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut. Cigna Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72226 people.

Cigna Corp Stock Technical Analysis

Cigna 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 Cigna Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cigna 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...

Price Boundaries

Cigna Corp Period Price Range

Low
January 3, 2025
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High

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 0.00 

Cigna Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cigna Corp January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Cigna 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 Cigna Corp shares will generate the highest return on investment. By undertsting and applying Cigna Corp stock market strength indicators, traders can identify Cigna Corp entry and exit signals to maximize returns

Cigna Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cigna Corp's price direction in advance. Along with the technical and fundamental analysis of Cigna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cigna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cigna Stock analysis

When running Cigna Corp's price analysis, check to measure Cigna 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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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