Carmax Inc Stock Price Prediction
| KMX Stock | USD 46.34 1.20 2.66% |
Momentum 69
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth (0.47) | EPS Estimate Current Year 2.6871 | EPS Estimate Next Year 2.6126 | Wall Street Target Price 38.8462 | EPS Estimate Current Quarter 0.316 |
Using CarMax hype-based prediction, you can estimate the value of CarMax Inc from the perspective of CarMax response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards CarMax using CarMax's stock options and short interest. It helps to benchmark the overall future attitude of investors towards CarMax using crowd psychology based on the activity and movement of CarMax's stock price.
CarMax Short Interest
An investor who is long CarMax may also wish to track short interest. As short interest increases, investors should be becoming more worried about CarMax and may potentially protect profits, hedge CarMax with its derivative instruments, or be ready for some potential downside.
200 Day MA 54.0701 | Short Percent 0.1269 | Short Ratio 3.8 | Shares Short Prior Month 15.1 M | 50 Day MA 40.306 |
CarMax Inc Hype to Price Pattern
Investor biases related to CarMax's public news can be used to forecast risks associated with an investment in CarMax. The trend in average sentiment can be used to explain how an investor holding CarMax can time the market purely based on public headlines and social activities around CarMax Inc. 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 CarMax's market sentiment to its price can help taders to make decisions based on the overall investors consensus about CarMax.
CarMax Implied Volatility | 0.6 |
CarMax's implied volatility exposes the market's sentiment of CarMax Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CarMax'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 CarMax stock will not fluctuate a lot when CarMax's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in CarMax to buy its stock at a price that has no basis in reality. In that case, they are not buying CarMax 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.
CarMax after-hype prediction price | USD 46.34 |
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.
Prediction based on Rule 16 of the current CarMax contract
Based on the Rule 16, the options market is currently suggesting that CarMax Inc will have an average daily up or down price movement of about 0.0375% per day over the life of the 2026-04-17 option contract. With CarMax trading at USD 46.34, that is roughly USD 0.0174 . If you think that the market is fully incorporating CarMax's daily price movement you should consider acquiring CarMax Inc options at the current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out CarMax Basic Forecasting Models to cross-verify your projections. CarMax After-Hype Price Density Analysis
As far as predicting the price of CarMax 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 CarMax 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 CarMax, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
CarMax Estimiated After-Hype Price Volatility
In the context of predicting CarMax's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CarMax's historical news coverage. CarMax's after-hype downside and upside margins for the prediction period are 42.32 and 50.36, respectively. We have considered CarMax'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
CarMax is not too volatile at this time. Analysis and calculation of next after-hype price of CarMax Inc is based on 3 months time horizon.
CarMax Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as CarMax is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CarMax 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 CarMax, 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 |
0.26 | 4.05 | 0.36 | 0.14 | 26 Events / Month | 9 Events / Month | In about 26 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
46.34 | 46.34 | 0.00 |
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CarMax Hype Timeline
On the 28th of January CarMax Inc is traded for 46.34. The entity has historical hype elasticity of 0.36, and average elasticity to hype of competition of 0.14. CarMax is expected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is expected to be very small, whereas the daily expected return is now at 0.26%. %. The volatility of related hype on CarMax is about 736.36%, with the expected price after the next announcement by competition of 46.48. About 100.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.06. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. CarMax Inc has Price/Earnings To Growth (PEG) ratio of 0.8. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 27th of March 2007. Considering the 90-day investment horizon the next expected press release will be in about 26 days. Check out CarMax Basic Forecasting Models to cross-verify your projections.CarMax Related Hype Analysis
Having access to credible news sources related to CarMax's direct competition is more important than ever and may enhance your ability to predict CarMax's future price movements. Getting to know how CarMax'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 CarMax may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AN | AutoNation | (1.03) | 34 per month | 0.00 | (0.05) | 3.06 | (2.56) | 8.76 | |
| GPI | Group 1 Automotive | 1.22 | 14 per month | 0.00 | (0.15) | 2.58 | (2.66) | 6.35 | |
| ALSN | Allison Transmission Holdings | 0.15 | 7 per month | 0.82 | 0.25 | 3.31 | (1.54) | 6.81 | |
| LEA | Lear Corporation | 3.57 | 27 per month | 1.25 | 0.13 | 3.50 | (2.18) | 8.69 | |
| LAD | Lithia Motors | 0.24 | 5 per month | 1.56 | 0.02 | 4.18 | (2.97) | 9.83 | |
| HRB | HR Block | (0.60) | 26 per month | 0.00 | (0.24) | 1.90 | (3.51) | 7.69 | |
| ABG | Asbury Automotive Group | 1.40 | 3 per month | 0.00 | (0.06) | 3.65 | (3.10) | 10.40 | |
| MAT | Mattel Inc | 0.83 | 12 per month | 1.87 | 0.04 | 3.98 | (3.26) | 8.61 | |
| BYD | Boyd Gaming | (0.40) | 11 per month | 1.72 | (0.04) | 2.56 | (2.77) | 9.71 | |
| LNW | Light Wonder | 0.12 | 29 per month | 1.62 | 0.07 | 3.55 | (2.94) | 14.31 |
CarMax Additional Predictive Modules
Most predictive techniques to examine CarMax price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CarMax using various technical indicators. When you analyze CarMax 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 |
About CarMax Predictive Indicators
The successful prediction of CarMax 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 CarMax Inc, 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 CarMax based on analysis of CarMax hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to CarMax's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CarMax's related companies. | 2022 | 2023 | 2026 (projected) | Days Sales Outstanding | 3.5 | 2.44 | 2.72 | PTB Ratio | 1.95 | 2.06 | 2.3 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
Additional Tools for CarMax Stock Analysis
When running CarMax's price analysis, check to measure CarMax'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 CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.