Anthem Inc Chance of Future Stock Price Finishing Over 391.0
| ANTMDelisted Stock | USD 482.58 13.05 2.78% |
Anthem |
Anthem Target Price Odds to finish over 391.0
The tendency of Anthem 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 Price | Horizon | Target Price | Odds to stay above $ 391.00 in 90 days |
| 482.58 | 90 days | 391.00 | close to 99 |
Based on a normal probability distribution, the odds of Anthem to stay above $ 391.00 in 90 days from now is close to 99 (This Anthem Inc probability density function shows the probability of Anthem Stock to fall within a particular range of prices over 90 days) . Probability of Anthem Inc price to stay between $ 391.00 and its current price of $482.58 at the end of the 90-day period is about 26.6 .
Given the investment horizon of 90 days Anthem has a beta of 0.52. This suggests as returns on the market go up, Anthem average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Anthem Inc will be expected to be much smaller as well. Additionally Anthem Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Anthem Price Density |
| Price |
Predictive Modules for Anthem
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anthem Inc. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Anthem'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.
Anthem Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Anthem is not an exception. The market had few large corrections towards the Anthem'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 Anthem Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Anthem within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.15 | |
β | Beta against NYSE Composite | 0.52 | |
σ | Overall volatility | 18.72 | |
Ir | Information ratio | -0.11 |
Anthem 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 Anthem for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Anthem Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Anthem Inc is not yet fully synchronised with the market data | |
| Anthem Inc has a very high chance of going through financial distress in the upcoming years | |
| Over 92.0% of the company shares are held by institutions such as insurance companies |
Anthem 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 Anthem Stock often depends not only on the future outlook of the current and potential Anthem'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. Anthem's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 0.75% | |
| Trailing Annual Dividend Rate | 4.34 | |
| Short Percent Of Float | 0.75% | |
| Float Shares | 240.65M | |
| Average Daily Volume Last 10 Day | 1.38M | |
| Shares Short Prior Month | 2.34M | |
| Average Daily Volume In Three Month | 1.18M | |
| Date Short Interest | 29th of April 2022 | |
| Trailing Annual Dividend Yield | 0.92% |
Anthem Technical Analysis
Anthem's future price can be derived by breaking down and analyzing its technical indicators over time. Anthem Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Anthem Inc. In general, you should focus on analyzing Anthem Stock price patterns and their correlations with different microeconomic environments and drivers.
Anthem Predictive Forecast Models
Anthem's time-series forecasting models is one of many Anthem's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Anthem'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 Anthem Inc
Checking the ongoing alerts about Anthem for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Anthem Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Anthem Inc is not yet fully synchronised with the market data | |
| Anthem Inc has a very high chance of going through financial distress in the upcoming years | |
| Over 92.0% of the company shares are held by institutions such as insurance companies |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in Anthem Stock
If you are still planning to invest in Anthem Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Anthem's history and understand the potential risks before investing.
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