- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
CVS Health (CVS) Business Model and Operations Summary
CVS Health Corporation provides health services in the United States. The company's Health Care Benefits segment offers traditional, voluntary, and consumer-directed health insurance products and related services. It serves employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Its Pharmacy Services segment offers pharmacy benefit management solutions, including plan design and administration, formulary management, retail pharmacy network management, mail order pharmacy, specialty pharmacy and infusion, clinical, and disease and medical spend management services. It serves employers, insurance companies, unions, government employee groups, health plans, prescription drug plans, Medicaid managed care plans, plans offered on public health insurance and private health insurance exchanges, other sponsors of health benefit plans, and individuals. This segment operates retail specialty pharmacy stores; and specialty mail-order, mail-order dispensing, and compounding pharmacies, as well as branches for infusion and enteral nutrition services. The company's Retail/LTC segment sells prescription and over-the-counter drugs, consumer health and beauty products, and personal care products; and provides health care services through its MinuteClinic walk-in medical clinics. This segment also distributes prescription drugs; and provides related pharmacy consulting and other ancillary services to care facilities and other care settings. As of December 31, 2021, it operated approximately 9,900 retail locations and 1,200 MinuteClinic locations, as well as online retail pharmacy websites, LTC pharmacies, and onsite pharmacies. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1963 and is headquartered in Woonsocket, Rhode Island.
Key Insights
CVS Health (CVS) Core Market Data and Business Metrics
Expected vs. Actual Quarterly Earnings-Per-Share & Revenue
Short Volume
Daily short volume activity identifies short-term trading pressure and potential price volatility
Short Interest
Bi-monthly short interest levels can be used to gauge bearish market sentiment and short squeeze potential
Revenue Breakdown
Distribution of revenue across unique business segments & geographies
Balance Sheet
April 1, 2024 to March 31, 2025
Metric
Value
Current Liabilities
$88.96 Billion
Liabilities And Equity
$255.59 Billion
Noncurrent Assets
$182.39 Billion
Other Non-current Assets
$155.82 Billion
Equity
$77.11 Billion
Assets
$255.59 Billion
Historical Stock Splits
If you bought 1 share of CVS before June 7, 2005, you'd have 2 shares today.
Execution Date
Split Amount
June 7, 2005
2-for-1
Historical Dividends
CVS Articles From Financhle
Recent analysis, market insights, and in-depth coverage of CVS from analysts at Financhle
CVS Health's Q4 FY2024 Earnings Report Unpacked: Triumphs, Trials, and Future ProspectsAnalyze CVS Health's Q4 FY2024 earnings through a lens of strategic nuance and market acumen. Click to understand the interplay of growth, challenges, and forward-thinking in one of healthcare's leading orchestrators.
FinanchleFebruary 12, 2025
Recent Headlines From The Web
Latest news, press releases, and media coverage about CVS from trusted financial sources
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