Chewy Stock Chance of Future Stock Price Finishing Over 33.04

CHWY
 Stock
  

USD 37.19  2.47  7.11%   

Chewy's future price is the expected price of Chewy 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 Chewy Inc performance during a given time horizon utilizing its historical volatility. Price to Sales Ratio is likely to rise to 4.14 in 2022, whereas Price to Book Value is likely to drop (10.4 K) in 2022.
  
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Chewy's implied volatility is one of the determining factors in the pricing options written on Chewy Inc. Implied volatility approximates the future value of Chewy 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 Chewy Inc over a specific time period. For example, 2022-07-08 CALL at $37.0 is a CALL option contract on Chewy's common stock with a strick price of 37.0 expiring on 2022-07-08. The contract was last traded on 2022-07-01 at 15:59:27 for $1.5 and, as of today, has 5 days remaining before the expiration. The option is currently trading at a bid price of $1.48, and an ask price of $1.64. The implied volatility as of the 3rd of July is 68.2081. View All Chewy options

Closest to current price Chewy long CALL Option Payoff at Expiration

Continue to Chewy Backtesting, Chewy Valuation, Chewy Correlation, Chewy Hype Analysis, Chewy Volatility, Chewy History as well as Chewy Performance. Please specify Chewy time horizon, a valid symbol (red box) and a target price (blue box) you would like Chewy odds to be computed.
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Chewy Target Price Odds to finish over 33.04

The tendency of Chewy 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 stay above $ 33.04  in 90 days
 37.19 90 days 33.04  about 48.22
Based on a normal probability distribution, the odds of Chewy to stay above $ 33.04  in 90 days from now is about 48.22 (This Chewy Inc probability density function shows the probability of Chewy Stock to fall within a particular range of prices over 90 days) . Probability of Chewy Inc price to stay between $ 33.04  and its current price of $37.19 at the end of the 90-day period is about 22.19 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.08 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, Chewy will likely underperform. Additionally The company has an alpha of 0.329, implying that it can generate a 0.33 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Chewy Price Density 
      Price 

Predictive Modules for Chewy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chewy Inc. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Chewy'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. Please use the tools below to analyze the current value of Chewy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
31.0437.4643.88
Details
Intrinsic
Valuation
LowReal ValueHigh
33.4749.0255.44
Details
Naive
Forecast
LowNext ValueHigh
32.5939.0145.43
Details
17 Analysts
Consensus
LowTarget PriceHigh
55.0086.31133.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Chewy. Your research has to be compared to or analyzed against Chewy's peers to derive any actionable benefits. When done correctly, Chewy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Chewy Inc.

Chewy Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Chewy is not an exception. The market had few large corrections towards the Chewy'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 Chewy Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chewy within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.33
β
Beta against DOW3.08
σ
Overall volatility
6.94
Ir
Information ratio -0.01

Chewy 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 Chewy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chewy 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.
Chewy Inc generated a negative expected return over the last 90 days
Chewy Inc has high historical volatility and very poor performance
Chewy Inc is unlikely to experience financial distress in the next 2 years
The company currently holds 434.39 M in liabilities. Chewy Inc has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Chewy until it has trouble settling it off, either with new capital or with free cash flow. So, Chewy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chewy Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chewy to invest in growth at high rates of return. When we think about Chewy's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 8.89 B. Net Loss for the year was (73.82 M) with profit before overhead, payroll, taxes, and interest of 2.37 B.
About 20.0% of the company shares are held by company insiders
Latest headline from www.tipranks.com: Chewy Stock Ample Room for Growth Despite Short-Term Challenges - TipRanks

Chewy 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 Chewy Stock often depends not only on the future outlook of the current and potential Chewy'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. Chewy's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out5.39%
Short Percent Of Float28.54%
Float Shares90.13M
Shares Short Prior Month26.02M
Average Daily Volume Last 10 Day6.24M
Average Daily Volume In Three Month6.35M
Date Short Interest29th of April 2022

Chewy Technical Analysis

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

Chewy Predictive Forecast Models

Chewy time-series forecasting models is one of many Chewy's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Chewy'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 Chewy Inc

Checking the ongoing alerts about Chewy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chewy Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Chewy Alerts

Chewy Alerts and Suggestions

Chewy Inc generated a negative expected return over the last 90 days
Chewy Inc has high historical volatility and very poor performance
Chewy Inc is unlikely to experience financial distress in the next 2 years
The company currently holds 434.39 M in liabilities. Chewy Inc has a current ratio of 0.79, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Chewy until it has trouble settling it off, either with new capital or with free cash flow. So, Chewy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Chewy Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Chewy to invest in growth at high rates of return. When we think about Chewy's use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 8.89 B. Net Loss for the year was (73.82 M) with profit before overhead, payroll, taxes, and interest of 2.37 B.
About 20.0% of the company shares are held by company insiders
Latest headline from www.tipranks.com: Chewy Stock Ample Room for Growth Despite Short-Term Challenges - TipRanks
Continue to Chewy Backtesting, Chewy Valuation, Chewy Correlation, Chewy Hype Analysis, Chewy Volatility, Chewy History as well as Chewy Performance. Note that the Chewy Inc information on this page should be used as a complementary analysis to other Chewy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Chewy Inc price analysis, check to measure Chewy'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 Chewy is operating at the current time. Most of Chewy's value examination focuses on studying past and present price action to predict the probability of Chewy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Chewy's price. Additionally, you may evaluate how the addition of Chewy to your portfolios can decrease your overall portfolio volatility.
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Is Chewy's industry 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 Chewy. If investors know Chewy 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 Chewy 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 YOY
-0.56
Market Capitalization
15.6 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
-0.0283
Return On Equity
-1.47
The market value of Chewy Inc is measured differently than its book value, which is the value of Chewy that is recorded on the company's balance sheet. Investors also form their own opinion of Chewy's value that differs from its market value or its book value, called intrinsic value, which is Chewy'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 Chewy's market value can be influenced by many factors that don't directly affect Chewy'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 Chewy's value and its price as these two are different measures arrived at by different means. Investors typically determine Chewy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chewy'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.