Cencora Stock Price Prediction
| COR Stock | USD 244.23 0.79 0.32% |
Oversold Vs Overbought
71
Oversold | Overbought |
Quarterly Earnings Growth (0.99) | EPS Estimate Next Quarter 3.49 | EPS Estimate Current Year 13.65 | EPS Estimate Next Year 14.71 | Wall Street Target Price 267.3231 |
Using Cencora hype-based prediction, you can estimate the value of Cencora from the perspective of Cencora response to recently generated media hype and the effects of current headlines on its competitors.
Cencora Hype to Price Pattern
Investor biases related to Cencora's public news can be used to forecast risks associated with an investment in Cencora. The trend in average sentiment can be used to explain how an investor holding Cencora can time the market purely based on public headlines and social activities around Cencora. 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 Cencora's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Cencora.
The fear of missing out, i.e., FOMO, can cause potential investors in Cencora to buy its stock at a price that has no basis in reality. In that case, they are not buying Cencora because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Cencora after-hype prediction price | USD 243.78 |
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.
Cencora |
Cencora After-Hype Price Prediction Density Analysis
As far as predicting the price of Cencora at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Cencora or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Cencora, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Cencora Estimiated After-Hype Price Volatility
In the context of predicting Cencora's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Cencora's historical news coverage. Cencora's after-hype downside and upside margins for the prediction period are 242.50 and 245.06, respectively. We have considered Cencora's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Cencora is very steady at this time. Analysis and calculation of next after-hype price of Cencora is based on 3 months time horizon.
Cencora Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Cencora is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cencora backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Cencora, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.06 | 1.28 | 0.30 | 0.00 | 9 Events / Month | 6 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
244.23 | 243.78 | 0.18 |
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Cencora Hype Timeline
On the 26th of November Cencora is traded for 244.23. The entity has historical hype elasticity of -0.3, and average elasticity to hype of competition of 0.0. Cencora is estimated to decline in value after the next headline, with the price expected to drop to 243.78. The average volatility of media hype impact on the company price is about 25.7%. The price depreciation on the next news is expected to be -0.18%, whereas the daily expected return is currently at 0.06%. The volatility of related hype on Cencora is about 1947.83%, with the expected price after the next announcement by competition of 244.23. About 92.0% of the company shares are held by institutions such as insurance companies. The company has Price/Earnings To Growth (PEG) ratio of 1.26. Cencora recorded earning per share (EPS) of 7.52. The entity last dividend was issued on the 15th of November 2024. The firm had 2:1 split on the 16th of June 2009. Considering the 90-day investment horizon the next estimated press release will be in about 9 days. Check out Cencora Basic Forecasting Models to cross-verify your projections.Cencora Related Hype Analysis
Having access to credible news sources related to Cencora's direct competition is more important than ever and may enhance your ability to predict Cencora's future price movements. Getting to know how Cencora's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Cencora may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TAP | Molson Coors Brewing | (1.48) | 11 per month | 0.97 | 0.05 | 2.95 | (1.84) | 7.56 | |
| WDC | Western Digital | 1.78 | 10 per month | 1.82 | 0 | 4.52 | (2.94) | 11.83 | |
| ABEV | Ambev SA ADR | 0.02 | 9 per month | 0.00 | (0.18) | 2.20 | (2.69) | 6.42 | |
| SNDL | SNDL Inc | 0.23 | 8 per month | 0.00 | (0.05) | 3.86 | (3.88) | 24.46 | |
| DEO | Diageo PLC ADR | 0.33 | 11 per month | 0.00 | (0.19) | 1.92 | (2.30) | 8.81 | |
| UEC | Uranium Energy Corp | 0.28 | 10 per month | 3.27 | 0.13 | 8.45 | (5.35) | 17.94 | |
| PINS | (0.70) | 6 per month | 0.00 | (0.07) | 2.79 | (3.30) | 17.91 |
Cencora Additional Predictive Modules
Most predictive techniques to examine Cencora price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Cencora using various technical indicators. When you analyze Cencora 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Cencora Predictive Indicators
The successful prediction of Cencora stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Cencora, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Cencora based on analysis of Cencora hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Cencora's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Cencora's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.73 | 5.52 | 5.58 | 8.16 | Days Of Inventory On Hand | 24.66 | 25.16 | 25.92 | 37.87 |
Story Coverage note for Cencora
The number of cover stories for Cencora depends on current market conditions and Cencora's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Cencora is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Cencora's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Cencora Short Properties
Cencora's future price predictability will typically decrease when Cencora's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Cencora often depends not only on the future outlook of the potential Cencora'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. Cencora's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.3 M | |
| Cash And Short Term Investments | 3.1 B |
Additional Tools for Cencora Stock Analysis
When running Cencora's price analysis, check to measure Cencora'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 Cencora is operating at the current time. Most of Cencora's value examination focuses on studying past and present price action to predict the probability of Cencora's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cencora's price. Additionally, you may evaluate how the addition of Cencora to your portfolios can decrease your overall portfolio volatility.