|Current Price||Horizon||Target Price||Odds to stay under $ 74.70 after 30 days|
| 66.14 ||30 days|| 74.70 || CLOSE TO 99%|
Based on normal probability distribution, the odds of CVS Health to stay under $ 74.70 after 30 days from now is close to 99% (This CVS Health Corporation probability density function shows the probability of CVS Health Stock to fall within a particular range of prices over 30 days) . Probability of CVS Health price to stay between its current price of $ 66.14 and $ 74.70 at the end of the 30-day period is about 79.1%.
Considering 30-days investment horizon, the stock has beta coefficient of 1.1529 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, CVS Health will likely underperform. Additionally CVS Health Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
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