Cigna Corp Stock Probability of Future Stock Price Finishing Under 317.06
| CI Stock | USD 278.71 2.87 1.02% |
Cigna |
Cigna Corp Target Price Odds to finish below 317.06
The tendency of Cigna 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 Price | Horizon | Target Price | Odds to stay under $ 317.06 after 90 days |
| 278.71 | 90 days | 317.06 | about 43.5 |
Based on a normal probability distribution, the odds of Cigna Corp to stay under $ 317.06 after 90 days from now is about 43.5 (This Cigna Corp probability density function shows the probability of Cigna Stock to fall within a particular range of prices over 90 days) . Probability of Cigna Corp price to stay between its current price of $ 278.71 and $ 317.06 at the end of the 90-day period is about 40.15 .
Allowing for the 90-day total investment horizon Cigna Corp has a beta of 0.64 suggesting as returns on the market go up, Cigna Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Cigna Corp will be expected to be much smaller as well. Additionally Cigna Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Cigna Corp Price Density |
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Predictive Modules for Cigna Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Cigna Corp. 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.Cigna Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Cigna Corp is not an exception. The market had few large corrections towards the Cigna Corp'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 Cigna Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Cigna Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.34 | |
β | Beta against Dow Jones | 0.64 | |
σ | Overall volatility | 23.24 | |
Ir | Information ratio | -0.17 |
Cigna Corp 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 Cigna Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Cigna Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Cigna Corp generated a negative expected return over the last 90 days | |
| Cigna Corp reports 30.93 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Cigna to invest in growth at high rates of return. | |
| Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies | |
| On 19th of December 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Disposition of 447 shares by Jamie Kates of Cigna Corp at 336.475 subject to Rule 16b-3 |
Cigna Corp 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 Cigna Stock often depends not only on the future outlook of the current and potential Cigna Corp'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. Cigna Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 296.9 M | |
| Cash And Short Term Investments | 7.8 B |
Cigna Corp Technical Analysis
Cigna Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Cigna Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cigna Corp. In general, you should focus on analyzing Cigna Stock price patterns and their correlations with different microeconomic environments and drivers.
Cigna Corp Predictive Forecast Models
Cigna Corp's time-series forecasting models is one of many Cigna Corp'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 Cigna Corp'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 Cigna Corp
Checking the ongoing alerts about Cigna Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Cigna Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Cigna Corp generated a negative expected return over the last 90 days | |
| Cigna Corp reports 30.93 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Cigna to invest in growth at high rates of return. | |
| Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies | |
| On 19th of December 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Disposition of 447 shares by Jamie Kates of Cigna Corp at 336.475 subject to Rule 16b-3 |
Check out Cigna Corp Backtesting, Cigna Corp Valuation, Cigna Corp Correlation, Cigna Corp Hype Analysis, Cigna Corp Volatility, Cigna Corp History as well as Cigna Corp Performance. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Health Care Providers & Services space 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 Cigna Corp. If investors know Cigna 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 Cigna Corp 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 (0.45) | Dividend Share 5.43 | Earnings Share 10.56 | Revenue Per Share 808.024 | Quarterly Revenue Growth 0.28 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp'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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp'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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp'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.