Boston Scientific Corp Stock Probability of Future Stock Price Finishing Over 37.5

BSX Stock  USD 68.62  0.68  1.00%   
Boston Scientific's implied volatility is one of the determining factors in the pricing options written on Boston Scientific Corp. Implied volatility approximates the future value of Boston Scientific 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 Boston Scientific Corp over a specific time period. For example, 2024-04-19 CALL at $67.5 is a CALL option contract on Boston Scientific's common stock with a strick price of 67.5 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:55:40 for $1.95 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.9, and an ask price of $2.0. The implied volatility as of the 28th of March is 17.45. View All Boston options

Closest to current price Boston long CALL Option Payoff at Expiration

Boston Scientific's future price is the expected price of Boston Scientific 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 Boston Scientific Corp performance during a given time horizon utilizing its historical volatility. Check out Boston Scientific Backtesting, Boston Scientific Valuation, Boston Scientific Correlation, Boston Scientific Hype Analysis, Boston Scientific Volatility, Boston Scientific History as well as Boston Scientific Performance.
  
At this time, Boston Scientific's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.46 in 2024, whereas Price Earnings Ratio is likely to drop 46.78 in 2024. Please specify Boston Scientific's target price for which you would like Boston Scientific odds to be computed.

Boston Scientific Target Price Odds to finish over 37.5

The tendency of Boston 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 stay above $ 37.50  in 90 days
 68.62 90 days 37.50 
close to 99
Based on a normal probability distribution, the odds of Boston Scientific to stay above $ 37.50  in 90 days from now is close to 99 (This Boston Scientific Corp probability density function shows the probability of Boston Stock to fall within a particular range of prices over 90 days) . Probability of Boston Scientific Corp price to stay between $ 37.50  and its current price of $68.62 at the end of the 90-day period is about 90.41 .
Considering the 90-day investment horizon Boston Scientific has a beta of 0.2 suggesting as returns on the market go up, Boston Scientific average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Boston Scientific Corp will be expected to be much smaller as well. Additionally Boston Scientific Corp has an alpha of 0.2883, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Boston Scientific Price Density   
       Price  

Predictive Modules for Boston Scientific

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Boston Scientific Corp. 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 Boston Scientific'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.
Hype
Prediction
LowEstimatedHigh
67.7268.7369.74
Details
Intrinsic
Valuation
LowRealHigh
68.4669.4770.48
Details
Naive
Forecast
LowNextHigh
68.0569.0670.07
Details
33 Analysts
Consensus
LowTargetHigh
55.6761.1867.91
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Boston Scientific. Your research has to be compared to or analyzed against Boston Scientific's peers to derive any actionable benefits. When done correctly, Boston Scientific's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Boston Scientific Corp.

Boston Scientific Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Boston Scientific is not an exception. The market had few large corrections towards the Boston Scientific'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 Boston Scientific Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Boston Scientific within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.29
β
Beta against NYSE Composite0.20
σ
Overall volatility
3.92
Ir
Information ratio 0.19

Boston Scientific 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 Boston Scientific for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Boston Scientific 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.
Boston Scientific is unlikely to experience financial distress in the next 2 years
Boston Scientific has a very strong financial position based on the latest SEC filings
Over 94.0% of the company shares are held by institutions such as insurance companies
Latest headline from seekingalpha.com: Shockwave medical stock gains as JJ deal makes sense

Boston Scientific 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 Boston Stock often depends not only on the future outlook of the current and potential Boston Scientific'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. Boston Scientific's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.5 B
Cash And Short Term Investments865 M

Boston Scientific Technical Analysis

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

Boston Scientific Predictive Forecast Models

Boston Scientific's time-series forecasting models is one of many Boston Scientific'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 Boston Scientific'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 Boston Scientific Corp

Checking the ongoing alerts about Boston Scientific for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Boston Scientific Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Boston Scientific is unlikely to experience financial distress in the next 2 years
Boston Scientific has a very strong financial position based on the latest SEC filings
Over 94.0% of the company shares are held by institutions such as insurance companies
Latest headline from seekingalpha.com: Shockwave medical stock gains as JJ deal makes sense
When determining whether Boston Scientific Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Boston Scientific's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Boston Scientific Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Boston Scientific Corp Stock:

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When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.
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Is Boston Scientific'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 Boston Scientific. If investors know Boston 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 Boston Scientific 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
2.856
Earnings Share
1.07
Revenue Per Share
9.8
Quarterly Revenue Growth
0.149
Return On Assets
0.0447
The market value of Boston Scientific Corp is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Scientific's value that differs from its market value or its book value, called intrinsic value, which is Boston Scientific'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 Boston Scientific's market value can be influenced by many factors that don't directly affect Boston Scientific'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 Boston Scientific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Scientific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Scientific'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.