CVS Health (Germany) Price on August 17, 2023
| CVS Stock | EUR 62.27 0.86 1.40% |
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 62.27, as last reported on the 27th of March, with the highest price reaching 62.30 and the lowest price hitting 61.35 during the day. CVS Health appears to be very steady, given 3 months investment horizon. CVS Health secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25 % return per unit of volatility over the last 3 months. By analyzing CVS Health's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of CVS Health's risk adjusted performance of 0.1913, and Mean Deviation of 1.53 to double-check if our risk estimates are consistent with your expectations.
CVS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CVS |
Sharpe Ratio = 0.2491
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Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average CVS Health is performing at about 19% of its full potential. 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 it to a well-diversified portfolio.
CVS Health Valuation on August 17, 2023
It is possible to determine the worth of CVS Health on a given historical date. On August 17, 2023 CVS was worth 62.73 at the beginning of the trading date compared to the closed value of 57.28. 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 | |
| 62.84 | 62.93 | 62.59 | 62.65 | 1.00 | |
08/17/2023 | 62.73 | 62.74 | 56.27 | 57.28 | 26.00 |
| 57.07 | 58.14 | 57.04 | 57.45 | 1.00 |
| Backtest CVS Health | | | CVS Health History | | | CVS Health Valuation | Previous | Next |
CVS Health Trading Date Momentum on August 17, 2023
| On August 18 2023 CVS Health was traded for 57.45 at the closing time. The maximum traded price for the trading interval was 58.14 and the lowest daily price was 57.04 . There was no trading activity during the period 1.0. Lack of trading volume on 18th of August 2023 played a part in the next trading day price growth. The overall trading delta to the next closing price was 0.30% . The overall trading delta to the closing price today is 1.64% . |
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.
Price Boundaries
CVS Health Period Price Range
Low | March 27, 2025
| 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 March 27, 2025 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.
| Risk Adjusted Performance | 0.1913 | |||
| Jensen Alpha | 0.5738 | |||
| Total Risk Alpha | 0.5805 | |||
| Sortino Ratio | 0.3905 | |||
| Treynor Ratio | 1.45 |
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| Volume Indicators |
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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