Costco Wholesale Corp Stock Price Prediction
| COST Stock | USD 709.51 1.74 0.24% |
Oversold Vs Overbought
43
Oversold | Overbought |
Costco Wholesale Corp stock price prediction is an act of determining the future value of Costco Wholesale shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Costco Wholesale's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Costco Wholesale and does not consider all of the tangible or intangible factors available from Costco Wholesale's fundamental data. We analyze noise-free headlines and recent hype associated with Costco Wholesale Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Costco Wholesale's stock price prediction:Quarterly Earnings Growth 0.188 | EPS Estimate Current Year 16.18 | EPS Estimate Next Year 17.43 | Wall Street Target Price 779.64 | EPS Estimate Current Quarter 3.62 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Costco Wholesale based on different types of headlines from major news networks to social media. The Costco stock price prediction module provides an analysis of price elasticity to changes in media outlook on Costco Wholesale over a specific investment horizon. Using Costco Wholesale hype-based prediction, you can estimate the value of Costco Wholesale Corp from the perspective of Costco Wholesale response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Costco Wholesale using Costco Wholesale's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Costco using crowd psychology based on the activity and movement of Costco Wholesale's stock price.
Costco Wholesale Short Interest
A significant increase or decrease in Costco Wholesale's short interest from the previous month could be a good indicator of investor sentiment towards Costco. Short interest can provide insight into the potential direction of Costco Wholesale stock and how bullish or bearish investors feel about the market overall. An investor who is long Costco Wholesale may also wish to track short interest. As short interest increases, investors should be becoming more worried about Costco Wholesale and may potentially protect profits, hedge Costco Wholesale with its derivative instruments, or be ready for some potential downside.
200 Day MA 625.7679 | Short Percent 0.0144 | Short Ratio 2.54 | Shares Short Prior Month 6.8 M | 50 Day MA 730.3186 |
Costco Wholesale Corp Hype to Price Pattern
Investor biases related to Costco Wholesale's public news can be used to forecast risks associated with an investment in Costco. The trend in average sentiment can be used to explain how an investor holding Costco can time the market purely based on public headlines and social activities around Costco Wholesale Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Costco Wholesale's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Costco Wholesale.
Costco Wholesale Implied Volatility | 29.7 |
Costco Wholesale's implied volatility exposes the market's sentiment of Costco Wholesale Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Costco Wholesale's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Costco Wholesale stock will not fluctuate a lot when Costco Wholesale's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Costco Wholesale. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Costco Wholesale to buy its stock at a price that has no basis in reality. In that case, they are not buying Costco because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Costco Wholesale after-hype prediction price | USD 711.42 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Costco contract
Based on the Rule 16, the options market is currently suggesting that Costco Wholesale Corp will have an average daily up or down price movement of about 1.86% per day over the life of the 2024-04-19 option contract. With Costco Wholesale trading at USD 709.51, that is roughly USD 13.17 . If you think that the market is fully incorporating Costco Wholesale's daily price movement you should consider acquiring Costco Wholesale Corp options at the current volatility level of 29.7%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Costco |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Costco Wholesale'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.
Costco Wholesale After-Hype Price Prediction Density Analysis
As far as predicting the price of Costco Wholesale at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Costco Wholesale or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Costco Wholesale, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Costco Wholesale Estimiated After-Hype Price Volatility
In the context of predicting Costco Wholesale's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Costco Wholesale's historical news coverage. Costco Wholesale's after-hype downside and upside margins for the prediction period are 710.07 and 712.77, respectively. We have considered Costco Wholesale's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Costco Wholesale is very steady at this time. Analysis and calculation of next after-hype price of Costco Wholesale Corp is based on 3 months time horizon.
Costco Wholesale Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Costco Wholesale is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Costco Wholesale backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Costco Wholesale, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.05 | 1.35 | 0.17 | 0.00 | 6 Events / Month | 0 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
709.51 | 711.42 | 0.02 |
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Costco Wholesale Hype Timeline
Costco Wholesale Corp is currently traded for 709.51. The entity has historical hype elasticity of 0.17, and average elasticity to hype of competition of 0.0. Costco is projected to increase in value after the next headline, with the price projected to jump to 711.42 or above. The average volatility of media hype impact on the company the price is about 40.79%. The price appreciation on the next news is projected to be 0.02%, whereas the daily expected return is currently at 0.05%. The volatility of related hype on Costco Wholesale is about 0.0%, with the expected price after the next announcement by competition of 709.51. The company reported the previous year's revenue of 242.29 B. Net Income was 6.29 B with profit before overhead, payroll, taxes, and interest of 30.09 B. Given the investment horizon of 90 days the next projected press release will be in about 6 days. Check out Costco Wholesale Basic Forecasting Models to cross-verify your projections.Costco Wholesale Related Hype Analysis
Having access to credible news sources related to Costco Wholesale's direct competition is more important than ever and may enhance your ability to predict Costco Wholesale's future price movements. Getting to know how Costco Wholesale's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Costco Wholesale may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AQUI | Aquagold International | 0.00 | 0 per month | 0.00 | 0.16 | 0.00 | 0.00 | 25.00 | |
| MSTSX | Morningstar Unconstrained Allocation | 0.00 | 0 per month | 0.64 | (0.05) | 0.98 | (1.06) | 3.20 | |
| LBHIX | Thrivent High Yield | 0.00 | 0 per month | 0.00 | (0.32) | 0.48 | (0.48) | 1.21 | |
| VIASP | Via Renewables | 0.00 | 0 per month | 2.28 | 0.04 | 3.60 | (3.74) | 13.41 | |
| RRTLX | T Rowe Price | 0.00 | 0 per month | 0.31 | (0.15) | 0.51 | (0.59) | 1.46 | |
| OSHDF | Oshidori International Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 70082LAB3 | US70082LAB36 | 0.00 | 0 per month | 0.00 | (0.10) | 1.52 | (1.89) | 17.21 |
Costco Wholesale Additional Predictive Modules
Most predictive techniques to examine Costco price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Costco using various technical indicators. When you analyze Costco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Costco Wholesale Predictive Indicators
The successful prediction of Costco Wholesale stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Costco Wholesale Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Costco Wholesale based on analysis of Costco Wholesale hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Costco Wholesale's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Costco Wholesale's related companies. | 2013 | 2019 | 2023 | 2024 (projected) | Dividend Yield | 0.008008 | 0.005179 | 0.011 | 0.0146 | Price To Sales Ratio | 0.85 | 1.0 | 0.47 | 0.42 |
Story Coverage note for Costco Wholesale
The number of cover stories for Costco Wholesale depends on current market conditions and Costco Wholesale's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Costco Wholesale is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Costco Wholesale's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Costco Wholesale Short Properties
Costco Wholesale's future price predictability will typically decrease when Costco Wholesale's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Costco Wholesale Corp often depends not only on the future outlook of the potential Costco Wholesale'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. Costco Wholesale's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 444.5 M | |
| Cash And Short Term Investments | 15.2 B |
Check out Costco Wholesale Basic Forecasting Models to cross-verify your projections. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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When running Costco Wholesale's price analysis, check to measure Costco Wholesale'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 Costco Wholesale is operating at the current time. Most of Costco Wholesale's value examination focuses on studying past and present price action to predict the probability of Costco Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Costco Wholesale's price. Additionally, you may evaluate how the addition of Costco Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is Costco Wholesale'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 Costco Wholesale. If investors know Costco 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 Costco Wholesale 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 0.188 | Dividend Share 4.08 | Earnings Share 15.29 | Revenue Per Share 560.607 | Quarterly Revenue Growth 0.057 |
The market value of Costco Wholesale Corp is measured differently than its book value, which is the value of Costco that is recorded on the company's balance sheet. Investors also form their own opinion of Costco Wholesale's value that differs from its market value or its book value, called intrinsic value, which is Costco Wholesale'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 Costco Wholesale's market value can be influenced by many factors that don't directly affect Costco Wholesale'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 Costco Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costco Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costco Wholesale'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.