|Current Price||Horizon||Target Price||Odds to move over $ 80.76 or more in 30 days|
| 74.09 ||30 days|| 80.76 || ABOUT 9.7%|
Based on normal probability distribution, the odds of CVS Health to move over $ 80.76 or more in 30 days from now is about 9.7% (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 $ 74.09 and $ 80.76 at the end of the 30-day period is about 61.44%.
Considering 30-days investment horizon, CVS Health has beta of 0.7085 . This suggests as returns on market go up, CVS Health average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CVS Health Corporation will be expected to be much smaller as well. Additionally CVS Health Corporation has an alpha of 0.0167 implying that it can potentially generate 0.0167% excess return over DOW after adjusting for the inherited market risk (beta).