CVS Health (Brazil) Probability of Future Stock Price Finishing Under 30.54
| CVSH34 Stock | BRL 32.94 0.60 1.86% |
CVS |
CVS Health Target Price Odds to finish below 30.54
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 R$ 30.54 or more in 90 days |
| 32.94 | 90 days | 30.54 | about 8.16 |
Based on a normal probability distribution, the odds of CVS Health to drop to R$ 30.54 or more in 90 days from now is about 8.16 (This CVS Health probability density function shows the probability of CVS Stock to fall within a particular range of prices over 90 days) . Probability of CVS Health price to stay between R$ 30.54 and its current price of R$32.94 at the end of the 90-day period is about 41.06 .
Assuming the 90 days trading horizon CVS Health has a beta of 0.19 suggesting as returns on the market go up, CVS Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding CVS Health will be expected to be much smaller as well. Additionally CVS Health has an alpha of 0.0479, implying that it can generate a 0.0479 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). CVS Health Price Density |
| Price |
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. 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.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, 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 | 0.05 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.01 |
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 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 has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
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 |
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. 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
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 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CVS Health has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in CVS Stock
CVS Health financial ratios help investors to determine whether CVS 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 CVS with respect to the benefits of owning CVS Health security.