McKesson Stock Forecast - Naive Prediction
| MCK Stock | USD 844.13 9.97 1.20% |
The Naive Prediction forecasted value of McKesson on the next trading day is expected to be 824.67 with a mean absolute deviation of 10.66 and the sum of the absolute errors of 650.17. McKesson Stock Forecast is based on your current time horizon. Although McKesson's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of McKesson's systematic risk associated with finding meaningful patterns of McKesson fundamentals over time.
As of now the relative strength index (rsi) of McKesson's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth 3.77 | EPS Estimate Next Quarter 10.0656 | EPS Estimate Current Year 38.6761 | EPS Estimate Next Year 43.8067 | Wall Street Target Price 942 |
Using McKesson hype-based prediction, you can estimate the value of McKesson from the perspective of McKesson response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards McKesson using McKesson's stock options and short interest. It helps to benchmark the overall future attitude of investors towards McKesson using crowd psychology based on the activity and movement of McKesson's stock price.
McKesson Short Interest
An investor who is long McKesson may also wish to track short interest. As short interest increases, investors should be becoming more worried about McKesson and may potentially protect profits, hedge McKesson with its derivative instruments, or be ready for some potential downside.
200 Day MA 745.7003 | Short Percent 0.0161 | Short Ratio 2.7 | Shares Short Prior Month 2 M | 50 Day MA 833.6108 |
McKesson Hype to Price Pattern
Investor biases related to McKesson's public news can be used to forecast risks associated with an investment in McKesson. The trend in average sentiment can be used to explain how an investor holding McKesson can time the market purely based on public headlines and social activities around McKesson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of McKesson's market sentiment to its price can help taders to make decisions based on the overall investors consensus about McKesson.
McKesson Implied Volatility | 0.45 |
McKesson's implied volatility exposes the market's sentiment of McKesson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McKesson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that McKesson stock will not fluctuate a lot when McKesson's options are near their expiration.
The Naive Prediction forecasted value of McKesson on the next trading day is expected to be 824.67 with a mean absolute deviation of 10.66 and the sum of the absolute errors of 650.17. McKesson after-hype prediction price | USD 842.91 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of McKesson to cross-verify your projections. Open Interest Against 2026-03-20 McKesson Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast McKesson's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in McKesson's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for McKesson stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current McKesson's open interest, investors have to compare it to McKesson's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of McKesson is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in McKesson. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
McKesson Additional Predictive Modules
Most predictive techniques to examine McKesson price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for McKesson using various technical indicators. When you analyze McKesson charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
McKesson Cash Forecast
To forecast cash or other financial indicators, analysts must employ diverse statistical methods, techniques, and algorithms. This approach allows them to detect underlying patterns in the McKesson's financial statements, predicting their influence on future market prices.
Cash | First Reported 1994-12-31 | Previous Quarter 2.4 B | Current Value 4.1 B | Quarterly Volatility 1.6 B |
McKesson Naive Prediction Price Forecast For the 18th of January 2026
Given 90 days horizon, the Naive Prediction forecasted value of McKesson on the next trading day is expected to be 824.67 with a mean absolute deviation of 10.66, mean absolute percentage error of 195.42, and the sum of the absolute errors of 650.17.Please note that although there have been many attempts to predict McKesson Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that McKesson's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
McKesson Stock Forecast Pattern
| Backtest McKesson | McKesson Price Prediction | Buy or Sell Advice |
McKesson Forecasted Value
In the context of forecasting McKesson's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. McKesson's downside and upside margins for the forecasting period are 823.46 and 825.88, respectively. We have considered McKesson's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of McKesson stock data series using in forecasting. Note that when a statistical model is used to represent McKesson stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 123.3856 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 10.6585 |
| MAPE | Mean absolute percentage error | 0.0128 |
| SAE | Sum of the absolute errors | 650.1663 |
Predictive Modules for McKesson
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as McKesson. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of McKesson's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Other Forecasting Options for McKesson
For every potential investor in McKesson, whether a beginner or expert, McKesson's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. McKesson Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in McKesson. Basic forecasting techniques help filter out the noise by identifying McKesson's price trends.McKesson Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with McKesson stock to make a market-neutral strategy. Peer analysis of McKesson could also be used in its relative valuation, which is a method of valuing McKesson by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
McKesson Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of McKesson's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of McKesson's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
McKesson Market Strength Events
Market strength indicators help investors to evaluate how McKesson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McKesson shares will generate the highest return on investment. By undertsting and applying McKesson stock market strength indicators, traders can identify McKesson entry and exit signals to maximize returns.
McKesson Risk Indicators
The analysis of McKesson's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in McKesson's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mckesson stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9562 | |||
| Semi Deviation | 1.21 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.53 | |||
| Downside Variance | 1.74 | |||
| Semi Variance | 1.47 | |||
| Expected Short fall | (1.00) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ProphetCheck out Historical Fundamental Analysis of McKesson to cross-verify your projections. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McKesson. If investors know McKesson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.77 | Dividend Share 2.95 | Earnings Share 31.99 | Revenue Per Share | Quarterly Revenue Growth 0.101 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McKesson's market value can be influenced by many factors that don't directly affect McKesson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.