CVS Health (Germany) Market Value

CVS Stock  EUR 62.27  0.73  1.19%   
CVS Health's market value is the price at which a share of CVS Health trades on a public exchange. It measures the collective expectations of CVS Health Corp investors about its performance. CVS Health is trading at 62.27 as of the 4th of March 2025. This is a 1.19% increase since the beginning of the trading day. The stock's lowest day price was 61.97.
With this module, you can estimate the performance of a buy and hold strategy of CVS Health Corp and determine expected loss or profit from investing in CVS Health over a given investment horizon. Check out CVS Health Correlation, CVS Health Volatility and CVS Health Alpha and Beta module to complement your research on CVS Health.
Symbol

Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

CVS Health 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CVS Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CVS Health.
0.00
03/15/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/04/2025
0.00
If you would invest  0.00  in CVS Health on March 15, 2023 and sell it all today you would earn a total of 0.00 from holding CVS Health Corp or generate 0.0% return on investment in CVS Health over 720 days. CVS Health is related to or competes with BW OFFSHORE, Eidesvik Offshore, DALATA HOTEL, MIRAMAR HOTEL, CSSC Offshore, Ross Stores, and WT OFFSHORE. CVS Health Corporation provides health services and plans in the United States More

CVS Health Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CVS Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CVS Health Corp upside and downside potential and time the market with a certain degree of confidence.

CVS Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CVS Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CVS Health's standard deviation. In reality, there are many statistical measures that can use CVS Health historical prices to predict the future CVS Health's volatility.
Hype
Prediction
LowEstimatedHigh
58.9762.2765.57
Details
Intrinsic
Valuation
LowRealHigh
43.4046.7068.50
Details
Naive
Forecast
LowNextHigh
59.2262.5265.82
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
38.4552.0765.69
Details

CVS Health Corp Backtested Returns

CVS Health appears to be very steady, given 3 months investment horizon. CVS Health Corp secures Sharpe Ratio (or Efficiency) of 0.0839, which signifies that the company had a 0.0839 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for CVS Health Corp, which you can use to evaluate the volatility of the firm. Please makes use of CVS Health's mean deviation of 2.09, and Risk Adjusted Performance of 0.0667 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, CVS Health holds a performance score of 6. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, CVS Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding CVS Health is expected to be smaller as well. Please check CVS Health's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether CVS Health's price patterns will revert.

Auto-correlation

    
  0.07  

Virtually no predictability

CVS Health Corp has virtually no predictability. Overlapping area represents the amount of predictability between CVS Health time series from 15th of March 2023 to 9th of March 2024 and 9th of March 2024 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CVS Health Corp price movement. The serial correlation of 0.07 indicates that barely 7.0% of current CVS Health price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test-0.13
Residual Average0.0
Price Variance35.37

CVS Health Corp lagged returns against current returns

Autocorrelation, which is CVS Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CVS Health's stock expected returns. We can calculate the autocorrelation of CVS Health returns to help us make a trade decision. For example, suppose you find that CVS Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

CVS Health regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CVS Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CVS Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CVS Health stock over time.
   Current vs Lagged Prices   
       Timeline  

CVS Health Lagged Returns

When evaluating CVS Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CVS Health stock have on its future price. CVS Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CVS Health autocorrelation shows the relationship between CVS Health stock current value and its past values and can show if there is a momentum factor associated with investing in CVS Health Corp.
   Regressed Prices   
       Timeline  

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Additional Information and Resources on Investing in CVS Stock

When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out CVS Health Correlation, CVS Health Volatility and CVS Health Alpha and Beta module to complement your research on CVS Health.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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...