Cigna Corp Stock Price on February 2, 2024
| CI Stock | USD 341.50 3.00 0.87% |
Below is the normalized historical share price chart for Cigna Corp extending back to March 31, 1982. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cigna Corp stands at 341.50, as last reported on the 3rd of May, with the highest price reaching 343.65 and the lowest price hitting 334.72 during the day.
If you're considering investing in Cigna Stock, it is important to understand the factors that can impact its price. Cigna Corp secures Sharpe Ratio (or Efficiency) of -0.25, which signifies that the company had a -0.25% return per unit of risk over the last @@bw1EO months. Cigna Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cigna Corp's Risk Adjusted Performance of (0.15), mean deviation of 0.6043, and Standard Deviation of 0.9548 to double-check the risk estimate we provide.
As of now, Cigna Corp's Issuance Of Capital Stock is increasing as compared to previous years. The Cigna Corp's current Stock Based Compensation To Revenue is estimated to increase to 0, while Liabilities And Stockholders Equity is projected to decrease to under 89 B. . As of now, Cigna Corp's Price Cash Flow Ratio is decreasing as compared to previous years. The Cigna Corp's current Price Sales Ratio is estimated to increase to 0.48, while Price Earnings Ratio is projected to decrease to 9.53. Cigna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of March 1982 | 200 Day MA 309.226 | 50 Day MA 350.392 | Beta 0.576 |
Cigna |
Sharpe Ratio = -0.2529
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Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.25 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cigna Corp 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 Cigna Corp by adding Cigna Corp to a well-diversified portfolio.
Price Book 2.1468 | Price Sales 0.5084 | Shares Float 290.9 M | Dividend Share 4.92 | Wall Street Target Price 383.14 |
Cigna Corp Valuation on February 2, 2024
It is possible to determine the worth of Cigna Corp on a given historical date. On February 2, 2024 Cigna was worth 315.84 at the beginning of the trading date compared to the closed value of 322.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cigna Corp stock. Still, in general, we apply an absolute valuation method to find Cigna Corp'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 Cigna Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cigna Corp's related companies.
| Open | High | Low | Close | Volume | |
| 303.63 | 309.07 | 301.73 | 306.04 | 2,981,900 | |
02/02/2024 | 315.84 | 328.37 | 315.05 | 322.49 | 3,376,600 |
| 327.36 | 330.81 | 319.93 | 319.93 | 2,305,400 |
| Backtest Cigna Corp | | | Cigna Corp History | | | Cigna Corp Valuation | Previous | Next |
Cigna Corp Trading Date Momentum on February 2, 2024
| On February 05 2024 Cigna Corp was traded for 319.93 at the closing time. The highest price during the trading period was 330.81 and the lowest recorded bid was listed for 319.93 . The volume for the day was 2.3 M. This history from February 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.79% . The overall trading delta to the current price is 3.73% . |
Cigna Corp Fundamentals Correlations and Trends
By evaluating Cigna Corp'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 Cigna Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cigna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cigna Corp Stock history
Cigna Corp 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 Cigna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cigna Corp 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 Cigna Corp stock prices may prove useful in developing a viable investing in Cigna Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 296.9 M | 365.5 M | |
| Net Income Applicable To Common Shares | 7.7 B | 8.1 B |
Cigna Corp Stock Technical Analysis
Cigna Corp 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
Cigna Corp Period Price Range
Low | February 2, 2024
| High |
315.84 | 322.49 |
Cigna Corp May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Cigna Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cigna Corp shares will generate the highest return on investment. By undertsting and applying Cigna Corp stock market strength indicators, traders can identify Cigna Corp entry and exit signals to maximize returns
| Accumulation Distribution | 136968.0 | |||
| Daily Balance Of Power | 0.4992 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 321.71 | |||
| Day Typical Price | 321.97 | |||
| Price Action Indicator | 4.11 | |||
| Period Momentum Indicator | 19.01 |
Cigna Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cigna Corp's price direction in advance. Along with the technical and fundamental analysis of Cigna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cigna 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 | (0.15) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 9.01 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Cigna Stock analysis
When running Cigna Corp's price analysis, check to measure Cigna Corp'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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna Corp's industry 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 Cigna Corp. If investors know Cigna 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 Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 4.92 | Earnings Share 17.39 | Revenue Per Share 664.145 | Quarterly Revenue Growth 0.116 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna 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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna 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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna 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.