CVS Health (Mexico) Today
| CVS Stock | MXN 1,180 10.65 0.91% |
Performance0 of 100
| Odds Of DistressLess than 9
|
CVS Health is trading at 1180.00 as of the 19th of April 2024; that is 0.91 percent up since the beginning of the trading day. The stock's open price was 1169.35. CVS Health has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CVS Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of January 2024 and ending today, the 19th of April 2024. Click here to learn more.
CVS Health Corporation provides health services and plans in the United States. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island. CVS HEALTH operates under Health Care Plans classification in Mexico and is traded on Mexico Stock Exchange. The company has 1.28 B outstanding shares. More on CVS Health
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CVS Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CVS Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CVS Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Larry Merlo |
| Thematic Idea | Health Management (View all Themes) |
| Business Concentration | Health Management, Health Care Plans, Healthcare (View all Sectors) |
CVS Health (CVS) is traded on Mexican Exchange in Mexico and employs 219,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 2.13 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CVS Health's market, we take the total number of its shares issued and multiply it by CVS Health's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CVS Health operates under Healthcare sector and is part of Health Care Plans industry. The entity has 1.28 B outstanding shares.
CVS Health has accumulated about 8.32 B in cash with 16.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.41.
Check CVS Health Probability Of Bankruptcy
Ownership AllocationCVS Health holds a total of 1.28 Billion outstanding shares. The majority of CVS Health outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in CVS Health to benefit from reduced commissions. Therefore, institutional investors are subject to a different set of regulations than regular investors in CVS Health. Please pay attention to any change in the institutional holdings of CVS Health as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CVS Ownership Details
CVS Stock Price Odds Analysis
Based on a normal probability distribution, the odds of CVS Health jumping above the current price in 90 days from now is roughly 97.0%. The CVS Health probability density function shows the probability of CVS Health stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CVS Health has a beta of 0.1105 suggesting as returns on the market go up, CVS Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CVS Health will be expected to be much smaller as well. Additionally, cVS Health has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of CVS Health to move above the current price in 90 days from now is roughly 97.0 (This CVS Health probability density function shows the probability of CVS Stock to fall within a particular range of prices over 90 days) .
CVS Health Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. CVS Health market risk premium is the additional return an investor will receive from holding CVS Health long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CVS Health. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CVS Health's alpha and beta are two of the key measurements used to evaluate CVS Health's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.14 | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.64 | |||
| Risk Adjusted Performance | (0.04) |
CVS Stock Against Markets
Picking the right benchmark for CVS Health stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CVS Health stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CVS Health is critical whether you are bullish or bearish towards CVS Health at a given time. Please also check how CVS Health's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in CVS Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CVS Health Corporate Directors
CVS Health corporate directors refer to members of a CVS Health board of directors. The board of directors generally takes responsibility for the CVS Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CVS Health's board members must vote for the resolution. The CVS Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Edward Ludwig | Independent Director | Profile | |
| Richard Bracken | Independent Director | Profile | |
| Mary Schapiro | Independent Director | Profile | |
| Richard Swift | Independent Director | Profile |
How to buy CVS Stock?
Before investing in CVS Health, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CVS Health. To buy CVS Health stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of CVS Health. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase CVS Health stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located CVS Health stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased CVS Health stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CVS Health, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in CVS Health?
The danger of trading CVS Health is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CVS Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CVS Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CVS Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for CVS Stock analysis
When running CVS Health's price analysis, check to measure CVS 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 CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS 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 CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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