CVS HEALTH P Probability of Future Bond Price Finishing Under 83.38
| 126650DL1 | 83.38 3.33 3.84% |
126650DL1 |
126650DL1 Target Price Odds to finish below 83.38
The tendency of 126650DL1 Bond 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 move below current price in 90 days |
| 83.38 | 90 days | 83.38 | roughly 97.0 |
Based on a normal probability distribution, the odds of 126650DL1 to move below current price in 90 days from now is roughly 97.0 (This CVS HEALTH P probability density function shows the probability of 126650DL1 Bond to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon CVS HEALTH P has a beta of -0.34. This usually implies as returns on the benchmark increase, returns on holding 126650DL1 are expected to decrease at a much lower rate. During a bear market, however, CVS HEALTH P is likely to outperform the market. Additionally CVS HEALTH P has an alpha of 0.1448, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). 126650DL1 Price Density |
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Predictive Modules for 126650DL1
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CVS HEALTH P. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.126650DL1 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. 126650DL1 is not an exception. The market had few large corrections towards the 126650DL1'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 CVS HEALTH P, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 126650DL1 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.34 | |
σ | Overall volatility | 2.40 | |
Ir | Information ratio | -0.0096 |
126650DL1 Technical Analysis
126650DL1's future price can be derived by breaking down and analyzing its technical indicators over time. 126650DL1 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CVS HEALTH P. In general, you should focus on analyzing 126650DL1 Bond price patterns and their correlations with different microeconomic environments and drivers.
126650DL1 Predictive Forecast Models
126650DL1's time-series forecasting models is one of many 126650DL1's bond 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 126650DL1'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 bond market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 126650DL1 in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 126650DL1's short interest history, or implied volatility extrapolated from 126650DL1 options trading.
Other Information on Investing in 126650DL1 Bond
126650DL1 financial ratios help investors to determine whether 126650DL1 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 126650DL1 with respect to the benefits of owning 126650DL1 security.