Cigna Corp Stock Performance
| CI Stock | USD 341.50 3.00 0.87% |
Cigna Corp has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cigna Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cigna Corp is expected to be smaller as well. Cigna Corp right now shows a risk of 0.86%. Please confirm Cigna Corp maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Cigna Corp will be following its price patterns.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Cigna Corp are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly unfluctuating forward indicators, Cigna Corp may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Actual Historical Performance (%)
One Day Return (0.87) | Five Day Return (3.54) | Year To Date Return 10.13 | Ten Year Return 307.62 | All Time Return 5.8 K |
Forward Dividend Yield 0.0157 | Payout Ratio 0.1946 | Last Split Factor 3:1 | Forward Dividend Rate 5.6 | Dividend Date 2024-06-20 |
1 | Cigna Group shareholders have earned a 18 percent CAGR over the last five years | 03/18/2024 |
| Cigna Corp dividend paid on 21st of March 2024 | 03/21/2024 |
2 | Heres How Much 1000 Invested In Cigna Group 20 Years Ago Would Be Worth Today | 03/28/2024 |
3 | Disposition of 2801 shares by David Cordani of Cigna Corp at 345.1921 subject to Rule 16b-3 | 04/15/2024 |
4 | Heres Why Cigna is a Strong Momentum Stock | 04/22/2024 |
5 | Cigna Stock Dips While Market Gains Key Facts | 04/23/2024 |
6 | 3 Healthcare Stocks to Buy Now Q2 Edition | 04/24/2024 |
7 | AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries | 04/25/2024 |
8 | The Zacks Analyst Blog Highlights Cigna Group, HCA Healthcare, Avantor and Tenet Healthcare | 04/26/2024 |
9 | CI Global Asset Management Appoints Portfolio Manager for Two U.S. Small-Cap Funds | 04/29/2024 |
10 | 3 Dirt-Cheap Health Stocks to Buy on Weakness | 04/30/2024 |
11 | Why Earnings Season Could Be Great for Cigna Group | 05/01/2024 |
12 | Cigna Tops Q1 Estimates, Raises Forecast | 05/03/2024 |
| Begin Period Cash Flow | 5.9 B |
Cigna |
Cigna Corp Relative Risk vs. Return Landscape
If you would invest 31,993 in Cigna Corp on February 4, 2024 and sell it today you would earn a total of 2,157 from holding Cigna Corp or generate 6.74% return on investment over 90 days. Cigna Corp is generating 0.1057% of daily returns and assumes 0.8617% volatility on return distribution over the 90 days horizon. Put differently, 7% of stocks are less risky than Cigna on the basis of their historical return distribution, and some 98% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Cigna Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cigna Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cigna Corp, and traders can use it to determine the average amount a Cigna Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1226
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | CI | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.86 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Cigna Corp is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.
Cigna Corp Fundamentals Growth
Cigna Stock prices reflect investors' perceptions of the future prospects and financial health of Cigna Corp, and Cigna Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cigna Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0375 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 127.69 B | ||||
| Shares Outstanding | 284.07 M | ||||
| Price To Earning | 13.93 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 195.19 B | ||||
| Gross Profit | 22.98 B | ||||
| EBITDA | 5.16 B | ||||
| Net Income | 5.16 B | ||||
| Cash And Equivalents | 5.92 B | ||||
| Cash Per Share | 16.96 X | ||||
| Total Debt | 31.48 B | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 0.83 X | ||||
| Book Value Per Share | 158.03 X | ||||
| Cash Flow From Operations | 11.81 B | ||||
| Earnings Per Share | 17.39 X | ||||
| Market Capitalization | 97.01 B | ||||
| Total Asset | 147.93 B | ||||
| Retained Earnings | 41.65 B | ||||
| Working Capital | (4.7 B) | ||||
| Current Asset | 13.51 B | ||||
| Current Liabilities | 18.21 B | ||||
About Cigna Corp Performance
To evaluate Cigna Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cigna Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cigna Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cigna Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cigna's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 56.78 | 34.09 | |
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.11 | 0.10 |
Things to note about Cigna Corp performance evaluation
Checking the ongoing alerts about Cigna Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cigna Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reports 31.48 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cigna Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigna Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna Corp's use of debt, we should always consider it together with cash and equity. | |
| Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies | |
| On 21st of March 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders | |
| Latest headline from fool.com: Cigna Tops Q1 Estimates, Raises Forecast |
- Analyzing Cigna Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cigna Corp's stock is overvalued or undervalued compared to its peers.
- Examining Cigna Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cigna Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cigna Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cigna Corp's stock. These opinions can provide insight into Cigna Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
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.