Davita Healthcare Partners Stock Probability of Future Stock Price Finishing Over 161.97
| DVA Stock | USD 147.54 0.78 0.53% |
DaVita |
DaVita HealthCare Target Price Odds to finish over 161.97
The tendency of DaVita 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 move over $ 161.97 or more in 90 days |
| 147.54 | 90 days | 161.97 | about 28.03 |
Based on a normal probability distribution, the odds of DaVita HealthCare to move over $ 161.97 or more in 90 days from now is about 28.03 (This DaVita HealthCare Partners probability density function shows the probability of DaVita Stock to fall within a particular range of prices over 90 days) . Probability of DaVita HealthCare price to stay between its current price of $ 147.54 and $ 161.97 at the end of the 90-day period is about 66.08 .
Considering the 90-day investment horizon DaVita HealthCare has a beta of 0.61 suggesting as returns on the market go up, DaVita HealthCare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding DaVita HealthCare Partners will be expected to be much smaller as well. Additionally DaVita HealthCare Partners 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. DaVita HealthCare Price Density |
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Predictive Modules for DaVita HealthCare
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as DaVita HealthCare. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of DaVita HealthCare'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.
DaVita HealthCare Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. DaVita HealthCare is not an exception. The market had few large corrections towards the DaVita HealthCare'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 DaVita HealthCare Partners, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of DaVita HealthCare within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.16 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 6.72 | |
Ir | Information ratio | -0.08 |
DaVita HealthCare 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 DaVita HealthCare for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for DaVita HealthCare can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| DaVita HealthCare generated a negative expected return over the last 90 days | |
| DaVita HealthCare has a strong financial position based on the latest SEC filings | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: DaVitas SWOT analysis dialysis giant navigates regulatory shifts, stock outlook |
DaVita HealthCare 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 DaVita Stock often depends not only on the future outlook of the current and potential DaVita HealthCare'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. DaVita HealthCare's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 93.2 M | |
| Cash And Short Term Investments | 391.7 M |
DaVita HealthCare Technical Analysis
DaVita HealthCare's future price can be derived by breaking down and analyzing its technical indicators over time. DaVita Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of DaVita HealthCare Partners. In general, you should focus on analyzing DaVita Stock price patterns and their correlations with different microeconomic environments and drivers.
DaVita HealthCare Predictive Forecast Models
DaVita HealthCare's time-series forecasting models is one of many DaVita HealthCare'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 DaVita HealthCare'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 DaVita HealthCare
Checking the ongoing alerts about DaVita HealthCare for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for DaVita HealthCare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| DaVita HealthCare generated a negative expected return over the last 90 days | |
| DaVita HealthCare has a strong financial position based on the latest SEC filings | |
| About 49.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: DaVitas SWOT analysis dialysis giant navigates regulatory shifts, stock outlook |
Check out DaVita HealthCare Backtesting, DaVita HealthCare Valuation, DaVita HealthCare Correlation, DaVita HealthCare Hype Analysis, DaVita HealthCare Volatility, DaVita HealthCare History as well as DaVita HealthCare Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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 (0.05) | Earnings Share 9.55 | Revenue Per Share 145.293 | Quarterly Revenue Growth 0.046 | Return On Assets 0.0694 |
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.