Cigna (Brazil) Chance of Future Stock Price Finishing Under 486.13
| C1IC34 Stock | BRL 484.43 18.23 3.91% |
Cigna |
Cigna Target Price Odds to finish below 486.13
The tendency of Cigna Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under R$ 486.13 after 90 days |
| 484.43 | 90 days | 486.13 | close to 99 |
Based on a normal probability distribution, the odds of Cigna to stay under R$ 486.13 after 90 days from now is close to 99 (This Cigna probability density function shows the probability of Cigna Stock to fall within a particular range of prices over 90 days) . Probability of Cigna price to stay between its current price of R$ 484.43 and R$ 486.13 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Cigna has a beta of 0.0051 suggesting as returns on the market go up, Cigna average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cigna will be expected to be much smaller as well. Additionally Cigna has an alpha of 0.0094, implying that it can generate a 0.009377 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Cigna Price Density |
| Price |
Predictive Modules for Cigna
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cigna. 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.Cigna Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cigna is not an exception. The market had few large corrections towards the Cigna's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Cigna, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cigna within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 3.60 | |
Ir | Information ratio | -0.51 |
Cigna Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Cigna for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cigna can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cigna has accumulated 31.12 B in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. Cigna has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cigna until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna's use of debt, we should always consider it together with cash and equity. |
Cigna Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Cigna Stock often depends not only on the future outlook of the current and potential Cigna's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Cigna's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 322.9 M | |
| Dividends Paid | 1.3 B | |
| Short Long Term Debt | 2.5 B | |
| Forward Annual Dividend Rate | 5.95 |
Cigna Technical Analysis
Cigna's future price can be derived by breaking down and analyzing its technical indicators over time. Cigna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cigna. In general, you should focus on analyzing Cigna Stock price patterns and their correlations with different microeconomic environments and drivers.
Cigna Predictive Forecast Models
Cigna's time-series forecasting models is one of many Cigna's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Cigna's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Cigna
Checking the ongoing alerts about Cigna for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cigna help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cigna has accumulated 31.12 B in total debt with debt to equity ratio (D/E) of 0.69, which is about average as compared to similar companies. Cigna has a current ratio of 0.71, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cigna until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigna sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Cigna Stock
Cigna financial ratios help investors to determine whether Cigna Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cigna with respect to the benefits of owning Cigna security.