WAL vs. CVS
Compare and contrast key facts about Western Alliance Bancorporation (WAL) and CVS Health Corporation (CVS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAL or CVS.
Key characteristics
| WAL | CVS | |
|---|---|---|
| YTD Return | 41.99% | -27.31% |
| 1Y Return | 91.54% | -16.98% |
| 3Y Return (Ann) | -5.87% | -13.50% |
| 5Y Return (Ann) | 14.62% | -2.92% |
| 10Y Return (Ann) | 14.71% | -2.20% |
| Sharpe Ratio | 2.12 | -0.48 |
| Sortino Ratio | 2.89 | -0.44 |
| Omega Ratio | 1.36 | 0.93 |
| Calmar Ratio | 1.56 | -0.34 |
| Martin Ratio | 9.26 | -0.81 |
| Ulcer Index | 9.89% | 20.02% |
| Daily Std Dev | 43.13% | 34.00% |
| Max Drawdown | -92.14% | -64.07% |
| Current Drawdown | -19.75% | -45.63% |
Fundamentals
| WAL | CVS | |
|---|---|---|
| Market Cap | $10.24B | $67.99B |
| EPS | $6.47 | $3.94 |
| PE Ratio | 14.37 | 13.71 |
| PEG Ratio | 1.84 | 1.79 |
| Total Revenue (TTM) | $4.83B | $368.28B |
| Gross Profit (TTM) | $4.77B | -$12.93B |
| EBITDA (TTM) | $178.40M | $12.81B |
Correlation
The correlation between WAL and CVS is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WAL vs. CVS - Performance Comparison
In the year-to-date period, WAL achieves a 41.99% return, which is significantly higher than CVS's -27.31% return. Over the past 10 years, WAL has outperformed CVS with an annualized return of 14.71%, while CVS has yielded a comparatively lower -2.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WAL vs. CVS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Alliance Bancorporation (WAL) and CVS Health Corporation (CVS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WAL vs. CVS - Dividend Comparison
WAL's dividend yield for the trailing twelve months is around 2.02%, less than CVS's 4.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAL Western Alliance Bancorporation | 2.02% | 2.20% | 2.38% | 1.11% | 1.67% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CVS CVS Health Corporation | 4.83% | 3.06% | 2.36% | 1.94% | 2.93% | 2.69% | 3.05% | 2.76% | 2.15% | 1.43% | 1.14% | 1.26% |
Drawdowns
WAL vs. CVS - Drawdown Comparison
The maximum WAL drawdown since its inception was -92.14%, which is greater than CVS's maximum drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for WAL and CVS. For additional features, visit the drawdowns tool.
Volatility
WAL vs. CVS - Volatility Comparison
Western Alliance Bancorporation (WAL) has a higher volatility of 19.80% compared to CVS Health Corporation (CVS) at 15.94%. This indicates that WAL's price experiences larger fluctuations and is considered to be riskier than CVS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAL vs. CVS - Financials Comparison
This section allows you to compare key financial metrics between Western Alliance Bancorporation and CVS Health Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities