Cvs Health Cdr Stock Price on December 8, 2023

CVS Stock   11.08  0.10  0.91%   
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 11.08, as last reported on the 29th of December, with the highest price reaching 11.19 and the lowest price hitting 11.00 during the day. CVS HEALTH CDR secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of volatility over the last 3 months. CVS HEALTH CDR 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 2.02, and Risk Adjusted Performance of (0.09) 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 = -0.1778

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCVS

Estimated Market Risk

 2.8
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.5
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  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.
Price Book
0.709
Enterprise Value Ebitda
9.0846
Price Sales
0.221
Shares Float
1.3 B
Dividend Share
2.6

CVS HEALTH Valuation on December 8, 2023

It is possible to determine the worth of CVS HEALTH on a given historical date. On December 8, 2023 CVS was worth 17.95 at the beginning of the trading date compared to the closed value of 18.23. 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
  17.91    18.19    17.87    17.98    30,676  
12/08/2023
  17.95    18.28    17.95    18.23    12,719  
  18.29    18.29    17.91    17.92    14,817  
Backtest CVS HEALTH  |  CVS HEALTH History  |  CVS HEALTH Valuation   PreviousNext  
Open Value
17.95
18.23
Closing Value
26.36
Upside

CVS HEALTH Trading Date Momentum on December 8, 2023

On December 11 2023 CVS HEALTH CDR was traded for  17.92  at the closing time. The highest price during the trading period was 18.29  and the lowest recorded bid was listed for  17.91 . The volume for the day was 14.8 K. This history from December 11, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.70% . The overall trading delta to the current price is 0.82% .

CVS HEALTH CDR 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 CDR 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 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

CVS HEALTH CDR cannot be verified against its exchange. Please verify the symbol is currently traded on NEO 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 29, 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 CDR 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.

Other Information on Investing in CVS Stock

CVS HEALTH financial ratios help investors to determine whether CVS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CVS with respect to the benefits of owning CVS HEALTH security.