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.
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
Key characteristics
WAL:
0.90
CVS:
-1.11
WAL:
1.51
CVS:
-1.53
WAL:
1.19
CVS:
0.78
WAL:
0.69
CVS:
-0.71
WAL:
3.61
CVS:
-1.80
WAL:
10.06%
CVS:
22.36%
WAL:
40.34%
CVS:
36.17%
WAL:
-92.14%
CVS:
-64.07%
WAL:
-25.77%
CVS:
-56.22%
Fundamentals
WAL:
$9.72B
CVS:
$55.42B
WAL:
$6.47
CVS:
$3.94
WAL:
13.65
CVS:
11.18
WAL:
1.84
CVS:
1.67
WAL:
$4.14B
CVS:
$368.91B
WAL:
$4.77B
CVS:
$52.38B
WAL:
$839.40M
CVS:
$14.20B
Returns By Period
In the year-to-date period, WAL achieves a 31.34% return, which is significantly higher than CVS's -41.47% return. Over the past 10 years, WAL has outperformed CVS with an annualized return of 13.09%, while CVS has yielded a comparatively lower -5.09% annualized return.
WAL
31.34%
-7.30%
44.71%
31.76%
10.57%
13.09%
CVS
-41.47%
-21.94%
-26.09%
-41.22%
-7.11%
-5.09%
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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 1.76%, less than CVS's 6.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAL Western Alliance Bancorporation | 1.76% | 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 | 6.00% | 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
The current volatility for Western Alliance Bancorporation (WAL) is 9.04%, while CVS Health Corporation (CVS) has a volatility of 12.92%. This indicates that WAL experiences smaller price fluctuations and is considered to be less risky 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