Systematic investment
Momentum strategy
Buy the dip strategy
| Revenue per share | 39.31 |
| Dividend & Yield | N/A$ (N/A) |
| Beta | 1.02 |
| Market capitalization | 2.57B |
| Operating cash flow | 71.78M |
| ESG Scores | unknown |
Sector: Financial Services - Industry: Insurance Brokers
| Cashflow Statement | 2022-03-31 |
|---|---|
| Change To Liabilities | 1.42M |
| Total Cashflows From Investing Activities | -29.82M |
| Net Borrowings | |
| Total Cash From Financing Activities | -79.61M |
| Change To Operating Activities | -14.29M |
| Issuance Of Stock | 10.47M |
| Net Income | 66.41M |
| Change In Cash | -42.21M |
| Effect Of Exchange Rate | |
| Total Cash From Operating Activities | 67.22M |
| Depreciation | 23.92M |
| Change To Account Receivables | -18.02M |
| Other Cashflows From Financing Activities | |
| Change To Netincome | 7.78M |
| Capital Expenditures | -29.82M |
| Income Statement | 2022-03-31 |
|---|---|
| Research Development | |
| Income Before Tax | 84.51M |
| Net Income | 66.41M |
| Selling General Administrative | 67.6M |
| Gross Profit | 152.11M |
| Ebit | 84.51M |
| Operating Income | 84.51M |
| Interest Expense | |
| Income Tax Expense | 18.1M |
| Total Revenue | 646.23M |
| Cost Of Revenue | 494.12M |
| Total Other Income ExpenseNet | |
| Net Income From Continuing Ops | 66.41M |
| Net Income Applicable To Common Shares | 66.41M |
| Balance Sheet Statement | 2022-03-31 |
|---|---|
| Total Liabilities | 202.85M |
| Total Stockholder Equity | 212.4M |
| Other Current Liabilities | 95.93M |
| Total Assets | 415.25M |
| Common Stock | 3k |
| Other Current Assets | 72.15M |
| Retained Earnings | 665.3M |
| Treasury Stock | -654.52M |
| Cash | 97.5M |
| Total Current Liabilities | 171.37M |
| Other Stockholder Equity | |
| Property, Plant, and Equipment | 213.39M |
| Total Current Assets | 264.99M |
| Net Tangible Assets | 276.01M |
| Net Receivables | 82.59M |
| Accounts Payable | 14.08M |
Here are the insider transactions of stock shares related to Corvel Corp:
| Filer Name | Transaction Text | Date |
|---|---|---|
| CLEMONS VICTOR GORDON | Sale at price 150.16 - 150.86 per share. | 2022-11-28 |
| CLEMONS VICTOR GORDON | Sale at price 153.16 per share. | 2022-11-15 |
| BERTELS MARK E | Sale at price 153.00 per share. | 2022-11-15 |
| BERTELS MARK E | Conversion of Exercise of derivative security at price 53.40 per share. | 2022-11-15 |
| CLEMONS VICTOR GORDON | Sale at price 155.00 per share. | 2022-11-11 |
| CLEMONS VICTOR GORDON | Sale at price 156.43 - 158.00 per share. | 2022-11-07 |
| COMBS MICHAEL G | Stock Award(Grant) at price 131.51 per share. | 2022-09-30 |
| YOSS JENNIFER L | Stock Award(Grant) at price 131.51 per share. | 2022-09-30 |
| O'BRIEN BRANDON T | Stock Award(Grant) at price 131.51 per share. | 2022-09-30 |
| BERTELS MARK E | Stock Award(Grant) at price 131.51 per share. | 2022-09-30 |
| CLEMONS VICTOR GORDON | Sale at price 157.99 - 161.88 per share. | 2022-08-31 |
Insider transaction explanations
Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page
These are the result of three automatic investment systems applied to Corvel Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.
Here is the result of two systematic investment strategies applied to Corvel Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.
The following chart shows the equity curve of the two systematic investment strategies applied to Corvel Corp:
The systematic investment strategy that buys the first day of the month would give a performance of 167.74% on the backtest period.
Performance
Latent gain
Invested capital
Annualized return
This is the result of two momentum investment strategies applied to Corvel Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.
The following chart shows all the entries opened by the momentum investment system on Corvel Corp:
Performance
Latent gain
Invested capital
Annualized return
Performance
Latent gain
Invested capital
Annualized return
The following chart shows the equity curve of the two momentum strategies applied to Corvel Corp:
Note: the dividends potentially given by Corvel Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.
The following chart shows the employed capital evolution of the two momentum strategies on Corvel Corp since the beginning:
Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.
The performance achieved by the robo-advisor on Corvel Corp is 95.74%. That represents 927.44$ of latent gain with 968.66$ of employed capital. The following chart shows Corvel Corp stock price with all the entries opened by the automated investment system.
Note: The blue line represents the weekly stock price of Corvel Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.
Performance
Latent gain
Invested capital
Annualized return
The following chart shows the result of the investment strategy applied to Corvel Corp:
Note: the dividends potentially given by Corvel Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.
The following chart shows the employed capital evolution since the beginning of the investment strategy on Corvel Corp:
Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.
In this section, I will compare the three previous investment strategies applied to Corvel Corp.
The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:
| Strategy | Latent Profit | CAGR |
|---|---|---|
| Automatic investment | 167.74% | 40.91% |
| Momentum 1 quarter | 188.86% | 48.93% |
| Momentum 2 quarters | 198.0% | 54.7% |
| Non-directional | 95.74% | 45.59% |
Automatic investment
Momentum 1Q
Momentum 2Q
Non-directional
Here are the most positively and negatively correlated stocks with Corvel Corp:
Note: The algorithm computes the probability of correlation between Corvel Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Corvel Corp does not vary for 36 weeks, the correlation calculation result will be wrong.
| Company name | Corvel Corp |
| Country | United States |
| City | Fort Worth |
| Address | 5128 Apache Plume Road |
| Phone | 817 390 1416 |
| Website | www.corvel.com |
| FullTime employees | 4233 |
| Industry | Insurance Brokers |
| Sector | Financial Services |
| Exchange | XNAS |
| Ticker | CRVL |
| Market | www.nasdaq.com |
| Environment ESG Factors | Scores |
|---|---|
| Environment Score | 0 |
| Peer Environment Performance | unknown |
| Environment Percentile | unknown |
| Palm Oil | unknown |
| Nuclear | unknown |
| Fur Leather | unknown |
| GMO | unknown |
| Coal | unknown |
| Pesticides | unknown |
| Animal Testing | unknown |
| Social ESG Factors | Scores |
|---|---|
| Social Score | 0 |
| Peer Social Performance | unknown |
| Social Percentile | unknown |
| Highest Controversy | unknown |
| Peer Highest Controversy Performance | unknown |
| Adult | unknown |
| Gambling | unknown |
| Alcoholic | unknown |
| Tobacco | unknown |
| Catholic | unknown |
| Controversial Weapons | unknown |
| Small Arms | unknown |
| Military Contract | unknown |
| Peer Count | unknown |
Related Controversy:
| Governance ESG Factors | Scores |
|---|---|
| Governance Score | 0 |
| Peer Governance Performance | unknown |
| Governance Percentile | unknown |
| Total ESG Scores: unknown |
| Environment Score: 0 |
| Social Score: 0 |
| Governance Score: 0 |
ESG Performance: unknown
Peer Group: unknown
Peer Esg Score Performance: unknown
Rating Year: unknown
Rating Month: unknown
Max Age: unknown
Percentile: unknown