Horace Mann Educators Stock Probability of Future Stock Price Finishing Over 42.0
| HMN Stock | USD 36.82 0.39 1.07% |
Closest to current price Horace long CALL Option Payoff at Expiration
Horace |
Horace Mann Target Price Odds to finish over 42.0
The tendency of Horace 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 move over $ 42.00 or more in 90 days |
| 36.82 | 90 days | 42.00 | near 1 |
Based on a normal probability distribution, the odds of Horace Mann to move over $ 42.00 or more in 90 days from now is near 1 (This Horace Mann Educators probability density function shows the probability of Horace Stock to fall within a particular range of prices over 90 days) . Probability of Horace Mann Educators price to stay between its current price of $ 36.82 and $ 42.00 at the end of the 90-day period is about 9.76 .
Considering the 90-day investment horizon Horace Mann has a beta of 0.28. This usually indicates as returns on the market go up, Horace Mann average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horace Mann Educators will be expected to be much smaller as well. Additionally Horace Mann Educators has an alpha of 0.1136, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Horace Mann Price Density |
| Price |
Predictive Modules for Horace Mann
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Horace Mann Educators. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Horace Mann'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.
Horace Mann Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Horace Mann is not an exception. The market had few large corrections towards the Horace Mann'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 Horace Mann Educators, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Horace Mann within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.11 | |
β | Beta against NYSE Composite | 0.28 | |
σ | Overall volatility | 0.88 | |
Ir | Information ratio | 0.04 |
Horace Mann 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 Horace Mann for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Horace Mann Educators can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: How to Play AON Ahead of Q1 Earnings Will Higher Costs Shock |
Horace Mann 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 Horace Stock often depends not only on the future outlook of the current and potential Horace Mann'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. Horace Mann's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 41.3 M | |
| Cash And Short Term Investments | 551.9 M |
Horace Mann Technical Analysis
Horace Mann's future price can be derived by breaking down and analyzing its technical indicators over time. Horace Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Horace Mann Educators. In general, you should focus on analyzing Horace Stock price patterns and their correlations with different microeconomic environments and drivers.
Horace Mann Predictive Forecast Models
Horace Mann's time-series forecasting models is one of many Horace Mann'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 Horace Mann'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 Horace Mann Educators
Checking the ongoing alerts about Horace Mann for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Horace Mann Educators help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: How to Play AON Ahead of Q1 Earnings Will Higher Costs Shock |
Check out Horace Mann Backtesting, Horace Mann Valuation, Horace Mann Correlation, Horace Mann Hype Analysis, Horace Mann Volatility, Horace Mann History as well as Horace Mann Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Horace Stock analysis
When running Horace Mann's price analysis, check to measure Horace Mann'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 Horace Mann is operating at the current time. Most of Horace Mann's value examination focuses on studying past and present price action to predict the probability of Horace Mann's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horace Mann's price. Additionally, you may evaluate how the addition of Horace Mann to your portfolios can decrease your overall portfolio volatility.
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Is Horace Mann's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 1.32 | Earnings Share 1.09 | Revenue Per Share 36.123 | Quarterly Revenue Growth 0.163 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.