Cvs Health Corp Stock Price Prediction

CVS Stock  USD 79.43  0.11  0.14%   
At this time, the relative strength index (RSI) of CVS Health's share price is approaching 48 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling CVS Health, making its price go up or down.

Oversold Vs Overbought

48

 
Oversold
 
Overbought
CVS Health Corp stock price prediction is an act of determining the future value of CVS Health shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of CVS Health'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 CVS Health and does not consider all of the tangible or intangible factors available from CVS Health's fundamental data. We analyze noise-free headlines and recent hype associated with CVS Health Corp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting CVS Health's stock price prediction:
Quarterly Earnings Growth
(0.10)
EPS Estimate Next Quarter
1.87
EPS Estimate Current Year
8.31
EPS Estimate Next Year
9.22
Wall Street Target Price
87.85
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 CVS Health based on different types of headlines from major news networks to social media. The CVS stock price prediction module provides an analysis of price elasticity to changes in media outlook on CVS Health over a specific investment horizon. Using CVS Health hype-based prediction, you can estimate the value of CVS Health Corp from the perspective of CVS Health response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards CVS Health using CVS Health's stock options and short interest. It helps to benchmark the overall future attitude of investors towards CVS using crowd psychology based on the activity and movement of CVS Health's stock price.

CVS Health Short Interest

A significant increase or decrease in CVS Health's short interest from the previous month could be a good indicator of investor sentiment towards CVS. Short interest can provide insight into the potential direction of CVS Health stock and how bullish or bearish investors feel about the market overall. An investor who is long CVS Health may also wish to track short interest. As short interest increases, investors should be becoming more worried about CVS Health and may potentially protect profits, hedge CVS Health with its derivative instruments, or be ready for some potential downside.
200 Day MA
72.4426
Short Percent
0.0192
Short Ratio
2.34
Shares Short Prior Month
36.8 M
50 Day MA
75.619

CVS Health Corp Hype to Price Pattern

Investor biases related to CVS Health's public news can be used to forecast risks associated with an investment in CVS. The trend in average sentiment can be used to explain how an investor holding CVS can time the market purely based on public headlines and social activities around CVS Health 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 CVS Health's market sentiment to its price can help taders to make decisions based on the overall investors consensus about CVS Health.

CVS Health Implied Volatility

    
  26.34  
CVS Health's implied volatility exposes the market's sentiment of CVS Health Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if CVS Health'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 CVS Health stock will not fluctuate a lot when CVS Health's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in CVS Health. 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 CVS Health to buy its stock at a price that has no basis in reality. In that case, they are not buying CVS 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.

CVS Health after-hype prediction price

    
  USD 79.44  
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 CVS contract

Based on the Rule 16, the options market is currently suggesting that CVS Health Corp will have an average daily up or down price movement of about 1.65% per day over the life of the 2024-03-28 option contract. With CVS Health trading at USD 79.43, that is roughly USD 1.31 . If you think that the market is fully incorporating CVS Health's daily price movement you should consider acquiring CVS Health Corp options at the current volatility level of 26.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out CVS Health Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CVS Health'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.
Intrinsic
Valuation
LowRealHigh
78.4979.7480.99
Details
Naive
Forecast
LowNextHigh
81.9983.2484.50
Details
28 Analysts
Consensus
LowTargetHigh
82.0590.16100.08
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.631.712.02
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CVS Health. Your research has to be compared to or analyzed against CVS Health's peers to derive any actionable benefits. When done correctly, CVS Health'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 CVS Health Corp.

CVS Health After-Hype Price Prediction Density Analysis

As far as predicting the price of CVS Health 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 CVS Health 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 CVS Health, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

CVS Health Estimiated After-Hype Price Volatility

In the context of predicting CVS Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on CVS Health's historical news coverage. CVS Health's after-hype downside and upside margins for the prediction period are 78.19 and 80.69, respectively. We have considered CVS Health'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
79.43
79.44
After-hype Price
80.69
Upside
CVS Health is very steady at this time. Analysis and calculation of next after-hype price of CVS Health Corp is based on 3 months time horizon.

CVS Health Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as CVS Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading CVS Health 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 CVS Health, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.03 
1.26
  0.01 
 0.00  
10 Events / Month
5 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
79.43
79.44
0.01 
406.45  
Notes

CVS Health Hype Timeline

On the 28th of March CVS Health Corp is traded for 79.43. The entity has historical hype elasticity of 0.01, and average elasticity to hype of competition of 0.0. CVS is anticipated to increase in value after the next headline, with the price projected to jump to 79.44 or above. The average volatility of media hype impact on the company the price is over 100%. The price appreciation on the next news is projected to be 0.01%, whereas the daily expected return is currently at 0.03%. The volatility of related hype on CVS Health is about 2383.78%, with the expected price after the next announcement by competition of 79.43. The company reported the last year's revenue of 357.78 B. Total Income to common stockholders was 8.37 B with profit before taxes, overhead, and interest of 53.46 B. Considering the 90-day investment horizon the next anticipated press release will be in about 10 days.
Check out CVS Health Basic Forecasting Models to cross-verify your projections.

CVS Health Related Hype Analysis

Having access to credible news sources related to CVS Health's direct competition is more important than ever and may enhance your ability to predict CVS Health's future price movements. Getting to know how CVS Health rivals 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 CVS Health may potentially react to the hype associated with one of its peers.

CVS Health Additional Predictive Modules

Most predictive techniques to examine CVS price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for CVS using various technical indicators. When you analyze CVS 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.

About CVS Health Predictive Indicators

The successful prediction of CVS Health 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 CVS Health 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 CVS Health based on analysis of CVS Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to CVS Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CVS Health's related companies.
 2021 2023 2024 (projected)
Dividend Yield0.01930.03090.0243
Price To Sales Ratio0.470.280.27

Story Coverage note for CVS Health

The number of cover stories for CVS Health depends on current market conditions and CVS Health's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that CVS Health 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 CVS Health's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

CVS Health Short Properties

CVS Health's future price predictability will typically decrease when CVS Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of CVS Health Corp often depends not only on the future outlook of the potential CVS Health'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. CVS Health's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding1.3 B
Cash And Short Term Investments11.5 B
When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out CVS Health Basic Forecasting Models to cross-verify your projections.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is CVS Health'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 CVS Health. If investors know CVS 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 CVS Health 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
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health'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 CVS Health's market value can be influenced by many factors that don't directly affect CVS Health'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 CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health'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.