Comcast Stock Probability of Future Stock Price Finishing Over 34.62

CMCSA
 Stock
  

USD 34.62  0.15  0.43%   

Comcast Corp's future price is the expected price of Comcast Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Comcast Corp performance during a given time horizon utilizing its historical volatility. Comcast Corp Price to Book Value is projected to increase slightly based on the last few years of reporting. The past year's Price to Book Value was at 2.39. The current year Price to Sales Ratio is expected to grow to 2.14, whereas Price to Earnings Ratio are forecasted to decline to 15.55.
  
Comcast Corp's implied volatility is one of the determining factors in the pricing options written on Comcast Corp. Implied volatility approximates the future value of Comcast Corp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Comcast Corp over a specific time period. For example, 2022-12-09 CALL at $34.5 is a CALL option contract on Comcast Corp's common stock with a strick price of 34.5 expiring on 2022-12-09. The contract was last traded on 2022-12-05 at 12:04:48 for $1.24 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $0.87, and an ask price of $1.0. The implied volatility as of the 7th of December is 43.5419. View All Comcast options

Closest to current price Comcast long CALL Option Payoff at Expiration

Continue to Comcast Corp Backtesting, Comcast Corp Valuation, Comcast Corp Correlation, Comcast Corp Hype Analysis, Comcast Corp Volatility, Comcast Corp History as well as Comcast Corp Performance. Please specify Comcast Corp time horizon, a valid symbol (red box) and a target price (blue box) you would like Comcast Corp odds to be computed.

Comcast Corp Target Price Odds to finish over 34.62

The tendency of Comcast Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 34.62 90 days 34.62 
about 17.0
Based on a normal probability distribution, the odds of Comcast Corp to move above the current price in 90 days from now is about 17.0 (This Comcast Corp probability density function shows the probability of Comcast Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the stock has the beta coefficient of 1.15 suggesting Comcast Corp market returns are sensitive to returns on the market. As the market goes up or down, Comcast Corp is expected to follow. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Comcast Corp is significantly underperforming NYSE Composite.
   Comcast Corp Price Density   
       Price  

Predictive Modules for Comcast Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Comcast Corp. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Comcast 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. Please use the tools below to analyze the current value of Comcast Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.4934.6436.79
Details
Intrinsic
Valuation
LowReal ValueHigh
31.1641.2643.41
Details
Naive
Forecast
LowNext ValueHigh
32.3534.4936.64
Details
17 Analysts
Consensus
LowTarget PriceHigh
46.0062.1775.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Comcast Corp. Your research has to be compared to or analyzed against Comcast Corp's peers to derive any actionable benefits. When done correctly, Comcast Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Comcast Corp.

Comcast Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Comcast Corp is not an exception. The market had few large corrections towards the Comcast Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Comcast Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Comcast Corp within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.09
β
Beta against NYSE Composite1.15
σ
Overall volatility
2.19
Ir
Information ratio -0.04

Comcast Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Comcast Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Comcast Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has accumulated 92.72 B in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Comcast Corp has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Comcast Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Comcast Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Comcast Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comcast to invest in growth at high rates of return. When we think about Comcast Corp's use of debt, we should always consider it together with cash and equity.
Comcast Corp has a poor financial position based on the latest SEC disclosures
Over 86.0% of Comcast Corp shares are held by institutions such as insurance companies
On 26th of October 2022 Comcast Corp paid $ 0.27 per share dividend to its current shareholders
Latest headline from news.google.com: Cable operators ramped up repurchases amid share price losses - SP Global

Comcast Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Comcast Stock often depends not only on the future outlook of the current and potential Comcast 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. Comcast Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding4654000000.00
Cash And Short Term Investments8711000000.00

Comcast Corp Technical Analysis

Comcast Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Comcast Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Comcast Corp. In general, you should focus on analyzing Comcast Stock price patterns and their correlations with different microeconomic environments and drivers.

Comcast Corp Predictive Forecast Models

Comcast Corp time-series forecasting models is one of many Comcast Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Comcast Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Comcast Corp

Checking the ongoing alerts about Comcast Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Comcast Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has accumulated 92.72 B in total debt with debt to equity ratio (D/E) of 1.2, which is about average as compared to similar companies. Comcast Corp has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Comcast Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Comcast Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Comcast Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Comcast to invest in growth at high rates of return. When we think about Comcast Corp's use of debt, we should always consider it together with cash and equity.
Comcast Corp has a poor financial position based on the latest SEC disclosures
Over 86.0% of Comcast Corp shares are held by institutions such as insurance companies
On 26th of October 2022 Comcast Corp paid $ 0.27 per share dividend to its current shareholders
Latest headline from news.google.com: Cable operators ramped up repurchases amid share price losses - SP Global
Continue to Comcast Corp Backtesting, Comcast Corp Valuation, Comcast Corp Correlation, Comcast Corp Hype Analysis, Comcast Corp Volatility, Comcast Corp History as well as Comcast Corp Performance. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Comcast Corp price analysis, check to measure Comcast 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 Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast 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 Comcast Corp. If investors know Comcast 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 Comcast 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 YOY
(0.05) 
Market Capitalization
152 B
Quarterly Revenue Growth YOY
(0.015) 
Return On Assets
0.0539
Return On Equity
0.0562
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast 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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast 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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Comcast Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast 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.