CVS Health (Germany) Price on May 8, 2024
| CVS Stock | EUR 55.19 0.85 1.56% |
If you're considering investing in CVS Stock, it is important to understand the factors that can impact its price. As of today, the current price of CVS Health stands at 55.19, as last reported on the 29th of June, with the highest price reaching 55.79 and the lowest price hitting 54.49 during the day. CVS Health secures Sharpe Ratio (or Efficiency) of -0.0868, which signifies that the company had a -0.0868% return per unit of volatility over the last 3 months. CVS Health exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CVS Health's risk adjusted performance of (0.07), and Mean Deviation of 1.62 to double-check the risk estimate we provide.
CVS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CVS |
Sharpe Ratio = -0.0868
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| Negative Returns | CVS |
Estimated Market Risk
| 2.98 actual daily | 26 74% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CVS Health 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 CVS Health by adding CVS Health to a well-diversified portfolio.
CVS Health Valuation on May 8, 2024
It is possible to determine the worth of CVS Health on a given historical date. On May 8, 2024 CVS was worth 51.77 at the beginning of the trading date compared to the closed value of 51.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CVS Health stock. Still, in general, we apply an absolute valuation method to find CVS Health'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 CVS Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CVS Health's related companies.
| Open | High | Low | Close | Volume | |
| 51.75 | 52.26 | 51.65 | 52.22 | 200.00 | |
05/08/2024 | 51.77 | 51.95 | 50.86 | 51.22 | 200.00 |
| 50.95 | 51.41 | 50.95 | 51.41 | 200.00 |
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CVS Health Trading Date Momentum on May 8, 2024
| On May 09 2024 CVS Health was traded for 51.41 at the closing time. The maximum traded price for the trading interval was 51.41 and the lowest daily price was 50.95 . The daily volume was recorded at 200. The volume of trading on 9th of May 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 0.37% . The overall trading delta to the closing price today is 3.44% . |
CVS Health Fundamentals Correlations and Trends
By evaluating CVS Health'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 CVS Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CVS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CVS Health Stock history
CVS Health 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 CVS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CVS Health 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 w