Cigna Corp Stock Probability of Future Stock Price Finishing Under 166.51

CI Stock  USD 363.34  5.61  1.57%   
Cigna Corp's implied volatility is one of the determining factors in the pricing options written on Cigna Corp. Implied volatility approximates the future value of Cigna 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 Cigna Corp over a specific time period. For example, 2024-03-28 CALL at $365.0 is a CALL option contract on Cigna Corp's common stock with a strick price of 365.0 expiring on 2024-03-28. The contract was last traded on 2024-03-27 at 15:56:18 for $1.0 and, as of today, has 0 days remaining before the expiration. The option is currently trading at a bid price of $0.75, and an ask price of $1.15. The implied volatility as of the 28th of March is 22.37. View All Cigna options

Closest to current price Cigna long CALL Option Payoff at Expiration

Cigna Corp's future price is the expected price of Cigna 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 Cigna Corp performance during a given time horizon utilizing its historical volatility. Check out Cigna Corp Backtesting, Cigna Corp Valuation, Cigna Corp Correlation, Cigna Corp Hype Analysis, Cigna Corp Volatility, Cigna Corp History as well as Cigna Corp Performance.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
  
As of now, Cigna Corp's Price Cash Flow Ratio is decreasing as compared to previous years. The Cigna Corp's current Price Sales Ratio is estimated to increase to 0.48, while Price Earnings Ratio is projected to decrease to 9.56. Please specify Cigna Corp's target price for which you would like Cigna Corp odds to be computed.

Cigna Corp Target Price Odds to finish below 166.51

The tendency of Cigna 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 drop to $ 166.51  or more in 90 days
 363.34 90 days 166.51 
near 1
Based on a normal probability distribution, the odds of Cigna Corp to drop to $ 166.51  or more in 90 days from now is near 1 (This Cigna Corp probability density function shows the probability of Cigna Stock to fall within a particular range of prices over 90 days) . Probability of Cigna Corp price to stay between $ 166.51  and its current price of $363.34 at the end of the 90-day period is roughly 97.0 .
Allowing for the 90-day total investment horizon Cigna Corp has a beta of 0.25 suggesting as returns on the market go up, Cigna Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cigna Corp will be expected to be much smaller as well. Additionally Cigna Corp has an alpha of 0.2766, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Cigna Corp Price Density   
       Price  

Predictive Modules for Cigna 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 Cigna 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 Cigna 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.
Hype
Prediction
LowEstimatedHigh
362.44363.67364.90
Details
Intrinsic
Valuation
LowRealHigh
327.01371.00372.23
Details
Naive
Forecast
LowNextHigh
373.58374.81376.04
Details
23 Analysts
Consensus
LowTargetHigh
302.90332.86369.47
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cigna Corp. Your research has to be compared to or analyzed against Cigna Corp's peers to derive any actionable benefits. When done correctly, Cigna Corp'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 Cigna Corp.

Cigna Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Cigna Corp is not an exception. The market had few large corrections towards the Cigna 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 Cigna Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cigna Corp within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.28
β
Beta against NYSE Composite0.25
σ
Overall volatility
20.73
Ir
Information ratio 0.15

Cigna 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 Cigna Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cigna 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 reports 31.48 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cigna Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna 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 Cigna Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna Corp's use of debt, we should always consider it together with cash and equity.
Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies
On 21st of March 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders
Latest headline from zacks.com: Why Cigna is a Top Value Stock for the Long-Term

Cigna 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 Cigna Stock often depends not only on the future outlook of the current and potential Cigna 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. Cigna Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding296.9 M
Cash And Short Term Investments8.7 B

Cigna Corp Technical Analysis

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

Cigna Corp Predictive Forecast Models

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

Checking the ongoing alerts about Cigna Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cigna 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 reports 31.48 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cigna Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna 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 Cigna Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna Corp's use of debt, we should always consider it together with cash and equity.
Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies
On 21st of March 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders
Latest headline from zacks.com: Why Cigna is a Top Value Stock for the Long-Term
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp'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 Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out Cigna Corp Backtesting, Cigna Corp Valuation, Cigna Corp Correlation, Cigna Corp Hype Analysis, Cigna Corp Volatility, Cigna Corp History as well as Cigna Corp Performance.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running Cigna Corp's price analysis, check to measure Cigna 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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna 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 Cigna Corp. If investors know Cigna 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 Cigna 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
(0.10)
Dividend Share
4.92
Earnings Share
17.39
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna 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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna 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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna 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.