Corvel Corp Stock Price Prediction
| CRVL Stock | USD 360.19 4.96 1.40% |
Oversold Vs Overbought
72
Oversold | Overbought |
Quarterly Earnings Growth 0.174 | Quarterly Revenue Growth 0.148 |
Using CorVel Corp hype-based prediction, you can estimate the value of CorVel Corp from the perspective of CorVel Corp response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in CorVel Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying CorVel 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.
CorVel Corp after-hype prediction price | USD 363.74 |
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.
CorVel |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CorVel Corp'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.
CorVel Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of CorVel Corp 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 CorVel Corp 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 CorVel Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
CorVel Corp Estimiated After-Hype Price Volatility
In the context of predicting CorVel Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CorVel Corp's historical news coverage. CorVel Corp's after-hype downside and upside margins for the prediction period are 324.17 and 365.85, respectively. We have considered CorVel Corp'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
CorVel Corp is very steady at this time. Analysis and calculation of next after-hype price of CorVel Corp is based on 3 months time horizon.
CorVel Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as CorVel Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CorVel Corp 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 CorVel Corp, 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 |
0.23 | 2.11 | 3.55 | 0.71 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
360.19 | 363.74 | 0.99 |
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CorVel Corp Hype Timeline
CorVel Corp is currently traded for 360.19. The entity has historical hype elasticity of 3.55, and average elasticity to hype of competition of -0.71. CorVel is anticipated to increase in value after the next headline, with the price projected to jump to 363.74 or above. The average volatility of media hype impact on the company the price is about 13.66%. The price upswing on the next news is projected to be 0.99%, whereas the daily expected return is currently at 0.23%. The volatility of related hype on CorVel Corp is about 68.26%, with the expected price after the next announcement by competition of 359.48. The company reported the previous year's revenue of 795.31 M. Net Income was 76.25 M with profit before overhead, payroll, taxes, and interest of 152.11 M. Given the investment horizon of 90 days the next anticipated press release will be in about 9 days. Check out CorVel Corp Basic Forecasting Models to cross-verify your projections.CorVel Corp Related Hype Analysis
Having access to credible news sources related to CorVel Corp's direct competition is more important than ever and may enhance your ability to predict CorVel Corp's future price movements. Getting to know how CorVel Corp'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 CorVel Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ERIE | Erie Indemnity | (36.04) | 10 per month | 0.00 | (0.12) | 2.13 | (3.12) | 10.81 | |
| HUIZ | Huize Holding | (0.04) | 9 per month | 0.00 | (0.06) | 11.11 | (8.00) | 33.03 | |
| CRD-B | Crawford Company | 0.59 | 8 per month | 2.54 | 0.03 | 3.68 | (3.95) | 12.03 | |
| EHTH | eHealth | 0.22 | 9 per month | 2.92 | 0.08 | 8.22 | (4.77) | 16.43 | |
| FANH | Fanhua Inc | 0.07 | 5 per month | 4.55 | 0.02 | 10.08 | (9.09) | 30.36 | |
| BRO | Brown Brown | 0.50 | 11 per month | 1.03 | 0.01 | 1.88 | (2.06) | 5.25 | |
| AJG | Arthur J Gallagher | 1.34 | 11 per month | 1.18 | (0.04) | 1.75 | (1.61) | 5.31 | |
| BRP | Brp Group | 0.00 | 0 per month | 2.74 | (0.01) | 4.05 | (4.84) | 12.03 | |
| WTW | Willis Towers Watson | 2.40 | 9 per month | 0.76 | 0.05 | 1.74 | (1.63) | 4.68 | |
| CRD-A | Crawford Company | 0.05 | 9 per month | 1.84 | 0.07 | 3.76 | (2.98) | 9.20 |
CorVel Corp Additional Predictive Modules
Most predictive techniques to examine CorVel price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CorVel using various technical indicators. When you analyze CorVel 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 CorVel Corp Predictive Indicators
The successful prediction of CorVel Corp 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 CorVel Corp, 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 CorVel Corp based on analysis of CorVel Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to CorVel Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CorVel Corp's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0564 | 0.0502 | Price To Sales Ratio | 5.53 | 5.8 |
Story Coverage note for CorVel Corp
The number of cover stories for CorVel Corp depends on current market conditions and CorVel Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CorVel Corp 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 CorVel Corp'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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CorVel Corp Short Properties
CorVel Corp's future price predictability will typically decrease when CorVel Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CorVel Corp often depends not only on the future outlook of the potential CorVel Corp'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. CorVel Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.3 M | |
| Cash And Short Term Investments | 105.6 M |
Check out CorVel Corp Basic Forecasting Models to cross-verify your projections. For more information on how to buy CorVel Stock please use our How to buy in CorVel Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CorVel Corp. If investors know CorVel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CorVel Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.174 | Earnings Share 4.65 | Revenue Per Share 49.398 | Quarterly Revenue Growth 0.148 | Return On Assets 0.1334 |
The market value of CorVel Corp is measured differently than its book value, which is the value of CorVel that is recorded on the company's balance sheet. Investors also form their own opinion of CorVel Corp's value that differs from its market value or its book value, called intrinsic value, which is CorVel Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CorVel Corp's market value can be influenced by many factors that don't directly affect CorVel Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CorVel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if CorVel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CorVel Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.