Corvel Corp Stock Analysis

CorVel Stock Analysis Notes

About 46.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years. CorVel Corp had 2:1 split on the 27th of June 2013. CorVel Corporation provides workers compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas. Corvel Cp operates under Insurance Brokers classification in the United States and is traded on NASDAQ Exchange. It employs 4233 people. For more info on CorVel Corp please contact Michael Combs at 817 390 1416 or go to https://www.corvel.com.

CorVel Corp Investment Alerts

CorVel Corp Upcoming and Recent Events

CorVel Largest EPS Surprises

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CorVel Corp Environmental, Social, and Governance (ESG) Scores

CorVel Stock Institutional Investors

Note, although CorVel Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CorVel Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.19 B.

CorVel Profitablity

The company has Profit Margin (PM) of 0.1 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.13 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.13.

Management Efficiency

CorVel Corp has return on total asset (ROA) of 0.1334 % which means that it generated a profit of $0.1334 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3227 %, meaning that it created $0.3227 on every $100 dollars invested by stockholders. CorVel Corp's management efficiency ratios could be used to measure how well CorVel Corp manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.13. The value of Return On Capital Employed is expected to slide to 0.23. At this time, CorVel Corp's Fixed Asset Turnover is quite stable compared to the past year. Asset Turnover is expected to rise to 2.49 this year, although the value of Intangible Assets will most likely fall to about 780 K.

Technical Drivers

As of the 28th of November, CorVel Corp shows the Risk Adjusted Performance of 0.0972, downside deviation of 1.54, and Mean Deviation of 1.46. CorVel Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CorVel Corp standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if CorVel Corp is priced correctly, providing market reflects its regular price of 361.39 per share. Given that CorVel Corp has jensen alpha of 0.0189, we suggest you to validate CorVel Corp's prevailing market performance to make sure the company can sustain itself at a future point.

CorVel Corp Price Movement Analysis

CorVel Corp Insider Trading Activities

CorVel Corp Outstanding Bonds

CorVel Corp Predictive Daily Indicators

CorVel Corp Corporate Filings

CorVel Corp Forecast Models

CorVel Corp's time-series forecasting models are one of many CorVel Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CorVel Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how CorVel Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CorVel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CorVel Corp. By using and applying CorVel Stock analysis, traders can create a robust methodology for identifying CorVel entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CorVel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp'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.