Humana Etf Forecast - Naive Prediction
| HUM Etf | USD 279.84 4.04 1.46% |
The Naive Prediction forecasted value of Humana Inc on the next trading day is expected to be 266.23 with a mean absolute deviation of 8.75 and the sum of the absolute errors of 533.84. Humana Etf Forecast is based on your current time horizon.
The relative strength index (RSI) of Humana's etf price is about 69. This usually indicates that the etf is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Humana, making its price go up or down. Momentum 69
Buy Stretched
Oversold | Overbought |
Quarterly Earnings Growth (0.59) | EPS Estimate Next Quarter (3.62) | EPS Estimate Current Year 17.0495 | EPS Estimate Next Year 12.4463 | Wall Street Target Price 288.2917 |
Using Humana hype-based prediction, you can estimate the value of Humana Inc from the perspective of Humana response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Humana using Humana's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Humana using crowd psychology based on the activity and movement of Humana's stock price.
Humana Implied Volatility | 0.56 |
Humana's implied volatility exposes the market's sentiment of Humana Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Humana's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Humana stock will not fluctuate a lot when Humana's options are near their expiration.
The Naive Prediction forecasted value of Humana Inc on the next trading day is expected to be 266.23 with a mean absolute deviation of 8.75 and the sum of the absolute errors of 533.84. Humana after-hype prediction price | USD 281.25 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Humana to cross-verify your projections. Open Interest Against 2026-03-20 Humana Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Humana's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Humana's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Humana stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Humana's open interest, investors have to compare it to Humana's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Humana is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Humana. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Humana Naive Prediction Price Forecast For the 7th of January
Given 90 days horizon, the Naive Prediction forecasted value of Humana Inc on the next trading day is expected to be 266.23 with a mean absolute deviation of 8.75, mean absolute percentage error of 115.06, and the sum of the absolute errors of 533.84.Please note that although there have been many attempts to predict Humana Etf prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Humana's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Humana Etf Forecast Pattern
| Backtest Humana | Humana Price Prediction | Buy or Sell Advice |
Humana Forecasted Value
In the context of forecasting Humana's Etf value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Humana's downside and upside margins for the forecasting period are 263.68 and 268.78, respectively. We have considered Humana's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Humana etf data series using in forecasting. Note that when a statistical model is used to represent Humana etf, 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.| AIC | Akaike Information Criteria | 122.856 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 8.7514 |
| MAPE | Mean absolute percentage error | 0.0334 |
| SAE | Sum of the absolute errors | 533.8375 |
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 etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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 Humana'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.
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 Etf 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
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Humana etf to make a market-neutral strategy. Peer analysis of Humana could also be used in its relative valuation, which is a method of valuing Humana by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Humana Inc Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Humana's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Humana's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Humana Market Strength Events
Market strength indicators help investors to evaluate how Humana etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Humana shares will generate the highest return on investment. By undertsting and applying Humana etf market strength indicators, traders can identify Humana Inc entry and exit signals to maximize returns.
Humana Risk Indicators
The analysis of Humana's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Humana's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting humana etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.07 | |||
| Semi Deviation | 2.46 | |||
| Standard Deviation | 2.87 | |||
| Variance | 8.25 | |||
| Downside Variance | 7.55 | |||
| Semi Variance | 6.04 | |||
| Expected Short fall | (2.16) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Humana financial ratios help investors to determine whether Humana Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Humana with respect to the benefits of owning Humana security.