Elevance Health Stock Price Prediction
| ELV Stock | USD 371.07 0.00 0.00% |
Oversold Vs Overbought
31
Oversold | Overbought |
Quarterly Earnings Growth (0.20) | EPS Estimate Next Quarter 6.82 | EPS Estimate Current Year 32.9701 | EPS Estimate Next Year 35.2301 | Wall Street Target Price 505.4442 |
Using Elevance Health hype-based prediction, you can estimate the value of Elevance Health from the perspective of Elevance Health response to recently generated media hype and the effects of current headlines on its competitors.
Elevance Health Hype to Price Pattern
Investor biases related to Elevance Health's public news can be used to forecast risks associated with an investment in Elevance. The trend in average sentiment can be used to explain how an investor holding Elevance can time the market purely based on public headlines and social activities around Elevance Health. 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 Elevance Health's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Elevance Health.
The fear of missing out, i.e., FOMO, can cause potential investors in Elevance Health to buy its stock at a price that has no basis in reality. In that case, they are not buying Elevance 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.
Elevance Health after-hype prediction price | USD 370.07 |
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.
Elevance |
Elevance Health After-Hype Price Prediction Density Analysis
As far as predicting the price of Elevance 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 Elevance 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 Elevance Health, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Elevance Health Estimiated After-Hype Price Volatility
In the context of predicting Elevance Health's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Elevance Health's historical news coverage. Elevance Health's after-hype downside and upside margins for the prediction period are 368.08 and 372.06, respectively. We have considered Elevance 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
Elevance Health is very steady at this time. Analysis and calculation of next after-hype price of Elevance Health is based on 3 months time horizon.
Elevance Health Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Elevance Health is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Elevance 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 Elevance Health, 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 |
0.48 | 2.00 | 0.96 | 0.85 | 10 Events / Month | 5 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
371.07 | 370.07 | 0.27 |
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Elevance Health Hype Timeline
On the 30th of December Elevance Health is traded for 371.07. The entity has historical hype elasticity of -0.96, and average elasticity to hype of competition of -0.85. Elevance is expected to decline in value after the next headline, with the price expected to drop to 370.07. The average volatility of media hype impact on the company price is about 99.5%. The price depreciation on the next news is expected to be -0.27%, whereas the daily expected return is currently at -0.48%. The volatility of related hype on Elevance Health is about 112.54%, with the expected price after the next announcement by competition of 370.22. About 92.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.97. Some equities with similar Price to Book (P/B) outperform the market in the long run. Elevance Health has Price/Earnings To Growth (PEG) ratio of 0.69. The entity recorded earning per share (EPS) of 27.46. The firm last dividend was issued on the 5th of December 2024. Elevance Health had 2:1 split on the 1st of June 2005. Considering the 90-day investment horizon the next expected press release will be in about 10 days. Check out Elevance Health Basic Forecasting Models to cross-verify your projections.Elevance Health Related Hype Analysis
Having access to credible news sources related to Elevance Health's direct competition is more important than ever and may enhance your ability to predict Elevance Health's future price movements. Getting to know how Elevance Health'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 Elevance Health may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CI | Cigna Corp | 1.92 | 9 per month | 0.00 | (0.17) | 2.06 | (3.76) | 12.85 | |
| UNH | UnitedHealth Group Incorporated | 5.58 | 6 per month | 0.00 | (0.09) | 2.71 | (5.07) | 10.83 | |
| CNC | Centene Corp | 0.15 | 9 per month | 0.00 | (0.14) | 2.91 | (3.79) | 10.51 | |
| MOH | Molina Healthcare | 6.65 | 10 per month | 0.00 | (0.07) | 3.52 | (3.32) | 21.48 | |
| HUM | Humana Inc | (24.52) | 7 per month | 0.00 | (0.08) | 4.21 | (4.98) | 20.91 | |
| CVS | CVS Health Corp | (1.93) | 6 per month | 0.00 | (0.14) | 3.57 | (5.49) | 18.70 | |
| ALHC | Alignment Healthcare LLC | (0.29) | 7 per month | 4.20 | (0.0003) | 7.75 | (5.20) | 23.14 |
Elevance Health Additional Predictive Modules
Most predictive techniques to examine Elevance price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Elevance using various technical indicators. When you analyze Elevance 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Elevance Health Predictive Indicators
The successful prediction of Elevance 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 Elevance Health, 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 Elevance Health based on analysis of Elevance Health hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Elevance Health's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Elevance Health's related companies. | 2021 | 2022 (projected) | Dividend Yield | 0.009769 | 0.009983 | Price To Sales Ratio | 0.82 | 0.79 |
Story Coverage note for Elevance Health
The number of cover stories for Elevance Health depends on current market conditions and Elevance 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 Elevance 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 Elevance Health'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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Elevance Health Short Properties
Elevance Health's future price predictability will typically decrease when Elevance Health's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Elevance Health often depends not only on the future outlook of the potential Elevance 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. Elevance Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 237.4 M | |
| Cash And Short Term Investments | 6.5 B |
Additional Tools for Elevance Stock Analysis
When running Elevance Health's price analysis, check to measure Elevance Health'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 Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.