Humana Stock Forecast - Simple Exponential Smoothing

Humana Additional Predictive Modules

Most predictive techniques to examine Humana price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Humana using various technical indicators. When you analyze Humana charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Humana simple exponential smoothing forecast is a very popular model used to produce a smoothed price series. Whereas in simple Moving Average models the past observations for Humana Inc are weighted equally, Exponential Smoothing assigns exponentially decreasing weights as Humana Inc prices get older.

Humana Simple Exponential Smoothing Price Forecast For the 29th of January

Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Humana Inc on the next trading day is expected to be 23.90 with a mean absolute deviation of 0.44, mean absolute percentage error of 1.59, and the sum of the absolute errors of 26.67.

Humana Stock Forecast Pattern

Humana Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Humana stock data series using in forecasting. Note that when a statistical model is used to represent Humana stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. This simple exponential smoothing model begins by setting Humana Inc forecast for the second period equal to the observation of the first period. In other words, recent Humana observations are given relatively more weight in forecasting than the older observations.

Predictive Modules for Humana

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humana 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.Please note, it is not enough to conduct a financial or market analysis of a single entity such as Humana. Your research has to be compared to or analyzed against Humana's peers to derive any actionable benefits. When done correctly, Humana'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 Humana Inc.

Humana Estimiated After-Hype Price Volatility

Humana Stock Price Outlook Analysis

Notes

Humana Hype Timeline

Humana Inc is currently traded for 23.90on Sao Paulo Exchange of Brazil. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Humana is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.43%. %. The volatility of related hype on Humana is about 0.0%, with the expected price after the next announcement by competition of 23.90. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Humana Related Hype Analysis

Other Forecasting Options for Humana

For every potential investor in Humana, whether a beginner or expert, Humana's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Humana Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Humana. Basic forecasting techniques help filter out the noise by identifying Humana's price trends.

Humana Related Equities

Risk & Return

Correlation

Humana Market Strength Events

Humana Risk Indicators

Story Coverage note for Humana

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