Humana (UK) Chance of Future Stock Price Finishing Under 256.13
| 0J6Z Stock | 297.99 1.27 0.43% |
Humana |
Humana Target Price Odds to finish below 256.13
The tendency of Humana 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 drop to 256.13 or more in 90 days |
| 297.99 | 90 days | 256.13 | about 16.19 |
Based on a normal probability distribution, the odds of Humana to drop to 256.13 or more in 90 days from now is about 16.19 (This Humana Inc probability density function shows the probability of Humana Stock to fall within a particular range of prices over 90 days) . Probability of Humana Inc price to stay between 256.13 and its current price of 297.99 at the end of the 90-day period is about 42.57 .
Assuming the 90 days trading horizon Humana has a beta of 0.26. This suggests as returns on the market go up, Humana average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Humana Inc will be expected to be much smaller as well. Additionally Humana Inc 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. Humana Price Density |
| Price |
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.Humana Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humana is not an exception. The market had few large corrections towards the Humana'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 Humana Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humana within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.26 | |
σ | Overall volatility | 34.68 | |
Ir | Information ratio | -0.1 |
Humana 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 Humana for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humana 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.| Humana Inc generated a negative expected return over the last 90 days | |
| Humana Inc has high historical volatility and very poor performance | |
| Over 95.0% of the company shares are owned by institutions such as pension funds |
Humana 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 Humana Stock often depends not only on the future outlook of the current and potential Humana'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. Humana's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 124.4 M | |
| Dividends Paid | -531 M | |
| Cash And Short Term Investments | 4.7 B | |
| Shares Float | 120 M |
Humana Technical Analysis
Humana's future price can be derived by breaking down and analyzing its technical indicators over time. Humana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humana Inc. In general, you should focus on analyzing Humana Stock price patterns and their correlations with different microeconomic environments and drivers.
Humana Predictive Forecast Models
Humana's time-series forecasting models is one of many Humana'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 Humana'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 Humana Inc
Checking the ongoing alerts about Humana for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humana Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humana Inc generated a negative expected return over the last 90 days | |
| Humana Inc has high historical volatility and very poor performance | |
| Over 95.0% of the company shares are owned by institutions such as pension funds |
Additional Tools for Humana Stock Analysis
When running Humana's price analysis, check to measure Humana'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 Humana is operating at the current time. Most of Humana's value examination focuses on studying past and present price action to predict the probability of Humana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Humana's price. Additionally, you may evaluate how the addition of Humana to your portfolios can decrease your overall portfolio volatility.