Humana Inc Etf Alpha and Beta Analysis
| HUM Etf | USD 298.11 2.40 0.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Humana Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Humana over a specified time horizon. Remember, high Humana's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Humana's market risk premium analysis include:
Beta 1.56 | Alpha (0.41) | Risk 3.22 | Sharpe Ratio (0.06) | Expected Return (0.21) |
Humana Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Humana |
Humana Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Humana market risk premium is the additional return an investor will receive from holding Humana long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Humana. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Humana's performance over market.| α | -0.41 | β | 1.56 |
Humana expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Humana's Buy-and-hold return. Our buy-and-hold chart shows how Humana performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Humana Market Price Analysis
Market price analysis 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 understating and applying Humana etf market price indicators, traders can identify Humana position entry and exit signals to maximize returns.
Humana Return and Market Media
The median price of Humana for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 288.12 with a coefficient of variation of 13.0. The daily time series for the period is distributed with a sample standard deviation of 38.22, arithmetic mean of 294.1, and mean deviation of 32.92. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Renaudin George Ii of 1241 shares of Humana subject to Rule 16b-3 | 09/06/2024 |
2 | Acquisition by Raquel Bono of tradable shares of Humana subject to Rule 16b-3 | 09/20/2024 |
| Humana dividend paid on 25th of October 2024 | 10/25/2024 |
3 | Humana Posts Quarterly Earnings Results, Beats Estimates By 0.68 EPS | 11/01/2024 |
4 | Dental Insurance Market Size is Projected to Reach USD 333.92 billion in 2032, Growing at a CAGR of 10.42 percent Straits Research | 11/07/2024 |
5 | Stock market today Asian shares mostly decline, shrugging off Wall Streets overnight rally | 11/12/2024 |
6 | Earnings call Tarsus reports record sales for XDEMVY in Q3 2024 | 11/14/2024 |
7 | Investors in Humana have unfortunately lost 44 percent over the last year | 11/15/2024 |
8 | Humana Inc. Shares Sold by Kentucky Retirement Systems Insurance Trust Fund | 11/18/2024 |
9 | SheScales Program Announces 2024-2025 Cohort | 11/19/2024 |
10 | 5 things to know about Dr. Oz, Trumps pick to oversee Medicare, Medicaid | 11/20/2024 |
11 | Blue Cross and Blue Shield of Minnesota Increases Access to Behavioral Health Services Across Commercial, Medicare and Medical Assistance Health Plans | 11/21/2024 |
About Humana Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Humana or other etfs. Alpha measures the amount that position in Humana Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Humana Upcoming Company Events
As portrayed in its financial statements, the presentation of Humana's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Humana's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Humana's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Humana. Please utilize our Beneish M Score to check the likelihood of Humana's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 7th of August 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Humana
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Other Information on Investing in Humana Etf
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.