CVS Health (Germany) Price on February 15, 2024

CVS Stock  EUR 42.48  0.27  0.63%   
If you're considering investing in CVS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CVS Health stands at 42.48, as last reported on the 23rd of December, with the highest price reaching 42.77 and the lowest price hitting 41.85 during the day. CVS Health secures Sharpe Ratio (or Efficiency) of -0.0774, which signifies that the company had a -0.0774% return per unit of volatility over the last 3 months. CVS Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVS Health's mean deviation of 2.04, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
  
CVS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0774

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Estimated Market Risk

 3.1
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average CVS Health 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 CVS Health by adding CVS Health to a well-diversified portfolio.

CVS Health Valuation on February 15, 2024

It is possible to determine the worth of CVS Health on a given historical date. On February 15, 2024 CVS was worth 69.05 at the beginning of the trading date compared to the closed value of 68.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CVS Health stock. Still, in general, we apply an absolute valuation method to find CVS Health'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 CVS Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CVS Health's related companies.
 Open High Low Close Volume
  69.05    69.61    68.57    68.90    1.00  
02/15/2024
  69.05    69.77    68.78    68.90    1.00  
  68.71    69.31    68.71    68.88    1.00  
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Open Value
69.05
68.9
Closing Value
78.34
Upside

CVS Health Trading Date Momentum on February 15, 2024

On February 16 2024 CVS Health was traded for  68.88  at the closing time. The maximum traded price for the trading interval was 69.31  and the lowest daily price was  68.71 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of February 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.03% . The overall trading delta to the closing price today is 0.03% .

CVS Health Fundamentals Correlations and Trends

By evaluating CVS Health'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 CVS Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CVS financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About CVS Health Stock history

CVS Health 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 CVS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CVS Health 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 CVS Health stock prices may prove useful in developing a viable investing in CVS Health

CVS Health Stock Technical Analysis

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

CVS Health Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CVS Health cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.

CVS Health December 23, 2024 Market Strength

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 entry and exit signals to maximize returns

CVS Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for CVS Health's price direction in advance. Along with the technical and fundamental analysis of CVS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CVS 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 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.
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