CVS Health Probability of Target Price Finishing Over 80.76

CVS -- USA Stock  

USD 71.60  0.83  1.17%

CVS Health probability of target price tool provides mechanism to make assumptions about upside and downside potential of CVS Health Corporation performance during a given time horizon utilizing its historical volatility. Please specify CVS Health time horizon, a valid symbol (red box) and a target price (blue box) you would like CVS Health odds to be computed. Check also CVS Health Backtesting, CVS Health Valuation, CVS Health Correlation, CVS Health Hype Analysis, CVS Health Volatility, CVS Health History as well as CVS Health Performance.
 Time Horizon     30 Days    Login   to change
Refresh Odds

CVS Health Target Price Odds to finish over 80.76

Current PriceHorizonTarget PriceOdds to move over $ 80.76  or more in 30 days
 71.60 30 days 80.76  NEAR 1%
Based on normal probability distribution, the odds of CVS Health to move over $ 80.76  or more in 30 days from now is near 1% (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 $ 71.60  and $ 80.76  at the end of the 30-day period is about 1.24%.
Considering 30-days investment horizon, CVS Health has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and CVS Health are completely uncorrelated. Additionally CVS Health CorporationIt does not look like CVS Health alpha can have any bearing on the equity current valuation.
 CVS Health Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.32
Ir
Information ratio =0.22

CVS Health Alerts

CVS Health Alerts and Suggestions
CVS Health has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Over 86.0% of the company shares are held by institutions such as insurance companies
Latest headline from globalexportlines.com: Astonishing Stocks CVS Health Corporation, , Skechers USA, Inc.,

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
Check also CVS Health Backtesting, CVS Health Valuation, CVS Health Correlation, CVS Health Hype Analysis, CVS Health Volatility, CVS Health History as well as CVS Health Performance. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.