Elevance Historical Valuation

ELV Stock  USD 406.96  4.21  1.05%   
Some fundamental drivers such as market cap or Elevance Health enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Elevance Health valuation indicators such as Enterprise Value of 121.4 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Elevance Health's future value.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elevance Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

About Elevance Valuation Data Analysis

Valuation is the financial process of determining what Elevance Health is worth. Elevance Health valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Elevance Health valuation ratios help investors to determine whether Elevance 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 Elevance with respect to the benefits of owning Elevance Health security.

Elevance Health Valuation Data Chart

Market Cap is likely to climb to about 103.9 B in 2024. Enterprise Value is likely to climb to about 121.4 B in 2024

Enterprise Value

Enterprise Value (or EV) is usually referred to as Elevance Health theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Elevance Health debt, but would also pocket its cash. Enterprise Value is more accurate representation of Elevance Health value than its market capitalization because it takes into account all of Elevance Health existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Thematic Opportunities

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Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance 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 Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance 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 Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.