Chemed Corp Stock Price Prediction
| CHE Stock | USD 604.42 4.01 0.67% |
Oversold Vs Overbought
44
Oversold | Overbought |
Chemed Corp stock price prediction is an act of determining the future value of Chemed Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Chemed Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Chemed Corp and does not consider all of the tangible or intangible factors available from Chemed Corp's fundamental data. We analyze noise-free headlines and recent hype associated with Chemed Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Chemed Corp's stock price prediction:Quarterly Earnings Growth 0.432 | EPS Estimate Next Quarter 5.45 | EPS Estimate Current Year 23.52 | EPS Estimate Next Year 25.41 | Wall Street Target Price 690 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Chemed Corp based on different types of headlines from major news networks to social media. The Chemed stock price prediction module provides an analysis of price elasticity to changes in media outlook on Chemed Corp over a specific investment horizon. Using Chemed Corp hype-based prediction, you can estimate the value of Chemed Corp from the perspective of Chemed Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Chemed Corp using Chemed Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Chemed using crowd psychology based on the activity and movement of Chemed Corp's stock price.
Chemed Corp Short Interest
A significant increase or decrease in Chemed Corp's short interest from the previous month could be a good indicator of investor sentiment towards Chemed. Short interest can provide insight into the potential direction of Chemed Corp stock and how bullish or bearish investors feel about the market overall. An investor who is long Chemed Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about Chemed Corp and may potentially protect profits, hedge Chemed Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA 566.8372 | Short Percent 0.0344 | Short Ratio 5.34 | Shares Short Prior Month 464.4 K | 50 Day MA 621.461 |
Chemed Corp Hype to Price Pattern
Investor biases related to Chemed Corp's public news can be used to forecast risks associated with an investment in Chemed. The trend in average sentiment can be used to explain how an investor holding Chemed can time the market purely based on public headlines and social activities around Chemed Corp. 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 Chemed Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Chemed Corp.
Chemed Corp Implied Volatility | 0.0 |
Chemed Corp's implied volatility exposes the market's sentiment of Chemed Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chemed Corp'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 Chemed Corp stock will not fluctuate a lot when Chemed Corp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Chemed Corp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Chemed Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Chemed 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.
Chemed Corp after-hype prediction price | USD 604.59 |
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 Chemed contract
Based on the Rule 16, the options market is currently suggesting that Chemed Corp will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-05-17 option contract. With Chemed Corp trading at USD 604.42, that is roughly USD 0.0 . If you think that the market is fully incorporating Chemed Corp's daily price movement you should consider acquiring Chemed Corp options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Chemed |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Chemed 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.
Chemed Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of Chemed 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 Chemed 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 Chemed Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Chemed Corp Estimiated After-Hype Price Volatility
In the context of predicting Chemed Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Chemed Corp's historical news coverage. Chemed Corp's after-hype downside and upside margins for the prediction period are 603.39 and 605.79, respectively. We have considered Chemed 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
Chemed Corp is very steady at this time. Analysis and calculation of next after-hype price of Chemed Corp is based on 3 months time horizon.
Chemed Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Chemed Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chemed 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 Chemed 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 |
0.04 | 1.20 | 0.05 | 0.00 | 5 Events / Month | 7 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
604.42 | 604.59 | 0.03 |
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Chemed Corp Hype Timeline
On the 23rd of April Chemed Corp is traded for 604.42. The entity has historical hype elasticity of -0.05, and average elasticity to hype of competition of 0.0. Chemed is forecasted to increase in value after the next headline, with the price projected to jump to 604.59 or above. The average volatility of media hype impact on the company the price is about 88.24%. The price growth on the next news is projected to be 0.03%, whereas the daily expected return is currently at 0.04%. The volatility of related hype on Chemed Corp is about 6000.0%, with the expected price after the next announcement by competition of 604.42. The company reported the last year's revenue of 2.26 B. Total Income to common stockholders was 272.51 M with profit before taxes, overhead, and interest of 765.09 M. Considering the 90-day investment horizon the next forecasted press release will be in about 5 days. Check out Chemed Corp Basic Forecasting Models to cross-verify your projections.Chemed Corp Related Hype Analysis
Having access to credible news sources related to Chemed Corp's direct competition is more important than ever and may enhance your ability to predict Chemed Corp's future price movements. Getting to know how Chemed 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 Chemed Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EHC | Encompass Health Corp | 0.09 | 10 per month | 0.69 | 0.09 | 2.40 | (1.34) | 7.95 | |
| PNTG | Pennant Group | (0.37) | 10 per month | 1.50 | 0.16 | 3.45 | (3.21) | 13.54 | |
| ACHC | Acadia Healthcare | (1.22) | 10 per month | 0.00 | (0.25) | 2.01 | (2.61) | 6.80 | |
| SEM | Select Medical Holdings | 0.37 | 10 per month | 1.45 | (0) | 2.43 | (2.42) | 12.75 | |
| ADUS | Addus HomeCare | 1.73 | 11 per month | 1.66 | (0.01) | 3.66 | (2.84) | 10.10 | |
| EHAB | Enhabit | 0.28 | 9 per month | 3.00 | 0 | 5.48 | (4.79) | 27.98 | |
| ENSG | The Ensign Group | 0.11 | 9 per month | 1.14 | (0.05) | 2.38 | (2.33) | 7.13 | |
| INNV | InnovAge Holding Corp | 0.09 | 10 per month | 0.00 | (0.13) | 6.98 | (8.20) | 21.11 | |
| NHC | National HealthCare | (1.84) | 10 per month | 0.00 | (0.1) | 2.45 | (2.67) | 7.84 | |
| UHS | Universal Health Services | 0.61 | 10 per month | 1.46 | (0.02) | 2.49 | (2.50) | 7.41 | |
| SGRY | Surgery Partners | 0.18 | 11 per month | 0.00 | (0.19) | 4.07 | (4.29) | 14.59 | |
| HCSG | Healthcare Services Group | 0.21 | 10 per month | 1.27 | 0.07 | 2.92 | (2.78) | 30.35 |
Chemed Corp Additional Predictive Modules
Most predictive techniques to examine Chemed price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Chemed using various technical indicators. When you analyze Chemed 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 Chemed Corp Predictive Indicators
The successful prediction of Chemed 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 Chemed 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 Chemed Corp based on analysis of Chemed Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Chemed Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Chemed Corp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002656 | 0.002889 | 0.002671 | 0.002537 | Price To Sales Ratio | 3.88 | 3.57 | 3.89 | 4.08 |
Story Coverage note for Chemed Corp
The number of cover stories for Chemed Corp depends on current market conditions and Chemed 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 Chemed 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 Chemed 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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Chemed Corp Short Properties
Chemed Corp's future price predictability will typically decrease when Chemed Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Chemed Corp often depends not only on the future outlook of the potential Chemed 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. Chemed Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.2 M | |
| Cash And Short Term Investments | 264 M |
Check out Chemed Corp Basic Forecasting Models to cross-verify your projections. For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.Note that the Chemed Corp information on this page should be used as a complementary analysis to other Chemed Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Chemed Stock analysis
When running Chemed Corp's price analysis, check to measure Chemed Corp'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 Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chemed Corp's industry 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 Chemed Corp. If investors know Chemed 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 Chemed 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 0.432 | Dividend Share 1.56 | Earnings Share 17.95 | Revenue Per Share 150.46 | Quarterly Revenue Growth 0.072 |
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed 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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed 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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed 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.