CVS Health Stock Forecast - Accumulation Distribution
| CVSH34 Stock | BRL 34.17 0.24 0.70% |
CVS Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast CVS Health stock prices and determine the direction of CVS Health's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of CVS Health's historical fundamentals, such as revenue growth or operating cash flow patterns.
CVS |
| Check CVS Health Volatility | Backtest CVS Health | Trend Details |
CVS Health Trading Date Momentum
| On November 05 2024 CVS Health was traded for 31.75 at the closing time. The highest price during the trading period was 31.75 and the lowest recorded bid was listed for 31.74 . The volume for the day was 43.0. This history from November 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.28% . The overall trading delta to the current price is 1.85% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for CVS Health
For every potential investor in CVS, whether a beginner or expert, CVS Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CVS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CVS. Basic forecasting techniques help filter out the noise by identifying CVS Health's price trends.CVS Health Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CVS Health stock to make a market-neutral strategy. Peer analysis of CVS Health could also be used in its relative valuation, which is a method of valuing CVS Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CVS Health Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CVS Health's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CVS Health's current price.| Cycle Indicators | ||
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CVS Health Market Strength Events
Market strength indicators help investors to evaluate how CVS Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CVS Health shares will generate the highest return on investment. By undertsting and applying CVS Health stock market strength indicators, traders can identify CVS Health entry and exit signals to maximize returns.
CVS Health Risk Indicators
The analysis of CVS Health's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CVS Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cvs stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.84 | |||
| Semi Deviation | 2.57 | |||
| Standard Deviation | 2.91 | |||
| Variance | 8.45 | |||
| Downside Variance | 9.17 | |||
| Semi Variance | 6.6 | |||
| Expected Short fall | (1.97) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in CVS Stock
CVS Health financial ratios help investors to determine whether CVS Stock 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 CVS with respect to the benefits of owning CVS Health security.