Cvs Health Corp Stock Probability of Future Stock Price Finishing Under 54.57
| CVS Stock | USD 57.10 0.27 0.48% |
Closest to current price CVS long CALL Option Payoff at Expiration
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CVS Health Target Price Odds to finish below 54.57
The tendency of CVS 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 drop to $ 54.57 or more in 90 days |
| 57.10 | 90 days | 54.57 | about 12.31 |
Based on a normal probability distribution, the odds of CVS Health to drop to $ 54.57 or more in 90 days from now is about 12.31 (This CVS Health Corp probability density function shows the probability of CVS Stock to fall within a particular range of prices over 90 days) . Probability of CVS Health Corp price to stay between $ 54.57 and its current price of $57.1 at the end of the 90-day period is about 22.41 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.55 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CVS Health will likely underperform. Additionally CVS Health Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CVS Health Price Density |
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Predictive Modules for CVS Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CVS Health Corp. 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 CVS Health'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.
CVS Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CVS Health is not an exception. The market had few large corrections towards the CVS Health'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 CVS Health Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CVS Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 1.55 | |
σ | Overall volatility | 3.31 | |
Ir | Information ratio | -0.04 |
CVS Health 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 CVS Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CVS Health Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CVS Health Corp has 79.39 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. CVS Health Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CVS to invest in growth at high rates of return. | |
| Over 83.0% of CVS Health shares are held by institutions such as insurance companies | |
| On 1st of November 2024 CVS Health paid $ 0.665 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Big Pharmas Pharmacy-Benefit Managers Accuse FTC of Overreach In Effort to Reshape Drug Rebate System |
CVS Health 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 CVS Stock often depends not only on the future outlook of the current and potential CVS Health'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. CVS Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Cash And Short Term Investments | 11.5 B |
CVS Health Technical Analysis
CVS Health's future price can be derived by breaking down and analyzing its technical indicators over time. CVS Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CVS Health Corp. In general, you should focus on analyzing CVS Stock price patterns and their correlations with different microeconomic environments and drivers.
CVS Health Predictive Forecast Models
CVS Health's time-series forecasting models is one of many CVS Health'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 CVS Health'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 CVS Health Corp
Checking the ongoing alerts about CVS Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CVS Health Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CVS Health Corp has 79.39 B in debt with debt to equity (D/E) ratio of 1.0, which is OK given its current industry classification. CVS Health Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for CVS to invest in growth at high rates of return. | |
| Over 83.0% of CVS Health shares are held by institutions such as insurance companies | |
| On 1st of November 2024 CVS Health paid $ 0.665 per share dividend to its current shareholders | |
| Latest headline from benzinga.com: Big Pharmas Pharmacy-Benefit Managers Accuse FTC of Overreach In Effort to Reshape Drug Rebate System |
Additional Tools for CVS Stock Analysis
When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.