CVS Health Probability of Target Price Finishing Above 75.39

CVS -- USA Stock  

Fiscal Quarter End: December 31, 2019  

CVS Health probability of target price tool provides mechanism to make assumptions about upside and downside potential of CVS Health Corporation performance during a given time horizon utilizing its historical volatility. Please specify CVS Health time horizon, a valid symbol (red box) and a target price (blue box) you would like CVS Health odds to be computed. Check also CVS Health Backtesting, CVS Health Valuation, CVS Health Correlation, CVS Health Hype Analysis, CVS Health Volatility, CVS Health History as well as CVS Health Performance.
Horizon     30 Days    Login   to change
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CVS Health Target Price Odds to finish below 75.39

Current PriceHorizonTarget PriceOdds to stay under $ 75.39  after 30 days
 73.01 30 days 75.39 
about 92.82
Based on normal probability distribution, the odds of CVS Health to stay under $ 75.39  after 30 days from now is about 92.82 (This CVS Health Corporation probability density function shows the probability of CVS Health Stock to fall within a particular range of prices over 30 days) . Probability of CVS Health price to stay between its current price of $ 73.01  and $ 75.39  at the end of the 30-day period is about 8.48 .
Considering 30-days investment horizon, the stock has beta coefficient of 1.07 . This suggests CVS Health Corporation market returns are sensible to returns on the market. As the market goes up or down, CVS Health is expected to follow. Additionally The company has an alpha of 0.1558 implying that it can potentially generate 0.1558% excess return over DOW after adjusting for the inherited market risk (beta).
 CVS Health Price Density 
Alpha over DOW
Beta against DOW=1.07
Overall volatility
Information ratio =0.12

CVS Health Alerts and Suggestions

CVS Health has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
The company has 91.92 B in debt with debt to equity (D/E) ratio of 149.2 . This implies that the company may be unable to create cash to meet all of its financial commitments. CVS Health has Current Ratio of 0.93 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 84.0% of CVS Health shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: CVS Health exotic insider transaction detected

CVS HealthPrice Density Drivers

Shares Percent Shares Out1.78%
Trailing Annual Dividend Rate2.00
Short Percent Of Float1.79%
Float Shares1.3B
Shares Short Prior Month21.83M
Average Daily Volume Last 10 Day5.24M
Average Daily Volume In Three Month6.85M
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield2.67%