Made on
Jul 4, 2026
Price at call
$207.04
6-month call
Bear -6.1%
Target by Jan 2027
$194.44
Great value below
$150.00
Model
v0.3.0
Projection vs Actual (6M history + forecast)
Forecast
One directional 6-month call and the six monthly points we'll be scored against. Predicted Jul 4, 2026 4:24 am
Bear
IQV trends lower to
$194.44
(-6.1% from $207.04)
by Jan 2027.
| Monthmonths after the call | Datewhen it gets graded | Predictedthe claim: closing price | Current priceactual close — fills in over time | Predicted returnpredicted vs $207.04 at call |
|---|---|---|---|---|
| Prediction made | Jul 4, 2026 | — | $207.04 at call | — |
| M1 | Aug 4, 2026 | $204.94 | — | -1.0% |
| What actually happened: closed $233.36 on Aug 3, 2026 = +12.7% vs the call (predicted -1.0%) · direction MISS (called flat, was up) · off by 13.7 pp · accuracy 4/10 · S&P +0.1% over the same window — lagged it | ||||
| M2 | Sep 4, 2026 | $202.84 | — | -2.0% |
| M3 | Oct 4, 2026 | $200.74 | — | -3.0% |
| M4 | Nov 4, 2026 | $198.64 | — | -4.1% |
| M5 | Dec 4, 2026 | $196.54 | — | -5.1% |
| M6 | Jan 4, 2027 | $194.44 | — | -6.1% |
Deserved value (DCF/composite) is $138.73; over 6 months we project closing only part-way to it (reach 18.5%). Value-only — see Not Yet Modeled below.
Weaknesses
0 blocking · 1 degraded · 1 note — follow the chain top-down (cause → effect).-
Degraded
High debt risk — interest coverage dangerously low or refinancing needed
-
Note
Valuation anchor absent: anchored_pe.
Equation Inputs
Everything feeding the v0.3.0 model — value anchors, the stock's own price behaviour, and the tunable knobs.Value anchors (from deep analysis)
| Price at call | $207.04 |
| Composite fair value | $126.91 |
| Signal-adjusted fair value | $116.65 |
| DCF fair value | $141.43 |
| Anchored-PE fair value | — |
| Buy-below (value lens) | $150.00 |
| Value net score | -95 |
| Value confidence | 6 / 10 |
| Quality net score | +17 |
| Memo confidence | 8 / 10 |
| Deserved value (base) | $134.17 |
| Quality tilt | +3.4% |
| Deserved value (used) | $138.73 |
| Coherence (value × quality) | 0.50 |
Price behaviour (trailing — shapes the realism line)
| Realized volatility (annualized) | 1m 41.6% 3m 45.1% 6m 47.4% |
| Daily σ (realism noise) | 2.8% |
| Beta vs S&P 500 | 1m 0.26 3m 0.54 5m 1.08 |
| Trailing 6-month return | -9.1% |
Knobs (equation params)
| Deserved wt · DCF | 0.5 |
| Quality tilt cap (±) | 0.2 |
| Horizon reach (6mo) | 0.45 |
| Coherence floor (conflict) | 0.5 |
| Conviction gain / pt | 0.06 |
| Realism mean-reversion φ | 0.85 |
| Conviction floor | 0.4 |
| Deserved wt · composite | 0.5 |
| Realism vol window | 3m |
| Neutral band (%) | 5 |
| Horizon (months) | 6 |
| Realism σ fallback | 0.015 |
Version & Tech Chain
What produced this prediction — stamped on the record so versions can be compared by success rate later.
Model
v0.3.0
#6bd904191719 Tech composition (what this version is built from)
| # | Process | Kind | Group |
|---|---|---|---|
| 1 | Synthesis valuation-synthesis |
deterministic | final |
| 2 | Scenario Analysis scenario-valuation |
deterministic | valuation |
| 3 | Valuation / Mispricing ext-lens-value |
llm | extended |
| 4 | Company Quality ext-lens-quality |
llm | extended |
| 5 | Forensic Memo (combiner) ext-forensic-memo |
llm | extended |
| 6 | Classification company-classification |
llm | foundation |
| 7 | Live Quote fmp-quote |
data | market-data |
Inputs used (the runs that fed this prediction)
| Upstream process | Ran | Lag | Run id |
|---|---|---|---|
company-classification |
Jul 4, 2026 | freshest | IQV-20260704-030001-5182 |
ext-forensic-memo |
Jul 4, 2026 | freshest | ext-IQV-20260704-033957-7205 |
ext-lens-quality |
Jul 4, 2026 | freshest | ext-IQV-20260704-033957-7205 |
ext-lens-value |
Jul 4, 2026 | freshest | ext-IQV-20260704-033957-7205 |
scenario-valuation |
Jul 4, 2026 | freshest | IQV-20260704-030001-5182 |
valuation-synthesis |
Jul 4, 2026 | freshest | IQV-20260704-030001-5182 |
Inputs flagged 7d+ behind the freshest one may be stale relative to the rest of the analysis.
Saved History
2 frozen snapshots — the record we score once predictions mature.| Made | Model | Call | At call | Target | Exp. | Eval due | |
|---|---|---|---|---|---|---|---|
| Aug 23, 2026 | v0.6.0 | Bear | $259.82 | $232.00 | -10.7% | Feb 2027 | view |
| Jul 4, 2026 | v0.3.0 | Bear | $207.04 | $194.44 | -6.1% | Jan 2027 | viewing |
Not Yet Modeled
What this v0.3.0 forecast deliberately ignores — the work ahead, in plain sight.- Signal-adjusted fair value ($116.65) — the red-flag-adjusted anchor isn't the primary input yet (we use the raw DCF/composite blend, which double-counts DCF).
- Recent momentum / drift — the line takes off straight; the trailing 6-month move (-9.1%) doesn't bend the slope.
- Market beta — computed (1–5mo) for context but does not condition the path.
- Earnings dates, catalysts, and known events — not modeled.
- Macro regime & sector rotation — not modeled.
- Horizon is a fixed 6-month assumption, not a modeled time-to-target.
- Outcome scoring — predictions aren't yet graded against realized price once the evaluation date passes.