Cbiz Inc Stock Chance of Future Stock Price Finishing Over 86.59

CBZ Stock  USD 83.43  1.64  2.01%   
CBIZ's implied volatility is one of the determining factors in the pricing options written on CBIZ Inc. Implied volatility approximates the future value of CBIZ based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in CBIZ Inc over a specific time period. For example, CBZ Option Call 20-12-2024 70 is a CALL option contract on CBIZ's common stock with a strick price of 70.0 expiring on 2024-12-20. The contract was last traded on 2024-11-08 at 10:16:02 for $6.5 and, as of today, has 16 days remaining before the expiration. The option is currently trading at a bid price of $9.1, and an ask price of $13.8. The implied volatility as of the 4th of December is 16.0. View All CBIZ options

Closest to current price CBIZ long CALL Option Payoff at Expiration

CBIZ's future price is the expected price of CBIZ instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of CBIZ Inc performance during a given time horizon utilizing its historical volatility. Check out CBIZ Backtesting, CBIZ Valuation, CBIZ Correlation, CBIZ Hype Analysis, CBIZ Volatility, CBIZ History as well as CBIZ Performance.
  
At this time, CBIZ's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 1.50 in 2024, whereas Price To Sales Ratio is likely to drop 1.45 in 2024. Please specify CBIZ's target price for which you would like CBIZ odds to be computed.

CBIZ Target Price Odds to finish over 86.59

The tendency of CBIZ Stock 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 PriceHorizonTarget PriceOdds to move over $ 86.59  or more in 90 days
 83.43 90 days 86.59 
near 1
Based on a normal probability distribution, the odds of CBIZ to move over $ 86.59  or more in 90 days from now is near 1 (This CBIZ Inc probability density function shows the probability of CBIZ Stock to fall within a particular range of prices over 90 days) . Probability of CBIZ Inc price to stay between its current price of $ 83.43  and $ 86.59  at the end of the 90-day period is about 1.3 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.25 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, CBIZ will likely underperform. Additionally CBIZ Inc has an alpha of 0.037, implying that it can generate a 0.037 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   CBIZ Price Density   
       Price  

Predictive Modules for CBIZ

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CBIZ Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.
Hype
Prediction
LowEstimatedHigh
79.9781.8383.69
Details
Intrinsic
Valuation
LowRealHigh
62.0663.9289.97
Details
Naive
Forecast
LowNextHigh
80.3182.1784.04
Details
3 Analysts
Consensus
LowTargetHigh
52.3357.5063.83
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CBIZ. Your research has to be compared to or analyzed against CBIZ's peers to derive any actionable benefits. When done correctly, CBIZ'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 CBIZ Inc.

CBIZ Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. CBIZ is not an exception. The market had few large corrections towards the CBIZ'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 CBIZ Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CBIZ within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.04
β
Beta against Dow Jones1.25
σ
Overall volatility
5.88
Ir
Information ratio 0.03

CBIZ Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CBIZ for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CBIZ Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
CBIZ Inc is unlikely to experience financial distress in the next 2 years
CBIZ Inc has a very strong financial position based on the latest SEC filings
Over 91.0% of the company shares are held by institutions such as insurance companies
Latest headline from bizjournals.com: CBIZ picks Brad Lakhia to succeed veteran CFO Ware Grove

CBIZ Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CBIZ Stock often depends not only on the future outlook of the current and potential CBIZ'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. CBIZ's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding50.6 M
Cash And Short Term Investments8.1 M

CBIZ Technical Analysis

CBIZ's future price can be derived by breaking down and analyzing its technical indicators over time. CBIZ Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CBIZ Inc. In general, you should focus on analyzing CBIZ Stock price patterns and their correlations with different microeconomic environments and drivers.

CBIZ Predictive Forecast Models

CBIZ's time-series forecasting models is one of many CBIZ's stock 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 CBIZ'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 stock market movement and maximize returns from investment trading.

Things to note about CBIZ Inc

Checking the ongoing alerts about CBIZ for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CBIZ Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
CBIZ Inc is unlikely to experience financial distress in the next 2 years
CBIZ Inc has a very strong financial position based on the latest SEC filings
Over 91.0% of the company shares are held by institutions such as insurance companies
Latest headline from bizjournals.com: CBIZ picks Brad Lakhia to succeed veteran CFO Ware Grove

Additional Tools for CBIZ Stock Analysis

When running CBIZ's price analysis, check to measure CBIZ'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 CBIZ is operating at the current time. Most of CBIZ's value examination focuses on studying past and present price action to predict the probability of CBIZ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CBIZ's price. Additionally, you may evaluate how the addition of CBIZ to your portfolios can decrease your overall portfolio volatility.