Humana Inc Etf Alpha and Beta Analysis
| HUM Etf | USD 328.33 3.50 1.08% |
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 0.14 | Alpha (0.43) | Risk 2.55 | Sharpe Ratio (0.13) | Expected Return (0.33) |
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 | -0.43 | β | 0.14 |
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 Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 350.7 with a coefficient of variation of 8.18. The daily time series for the period is distributed with a sample standard deviation of 29.0, arithmetic mean of 354.44, and mean deviation of 21.18. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Humana dividend paid on 26th of January 2024 | 01/26/2024 |
1 | Should You Pick Humana Stock After A 25 percent Fall This Year | 03/21/2024 |
2 | Humana stock sinks 13.4 percent good thing we told you to sell it the previous day | 04/03/2024 |
3 | The 3 Most Undervalued Healthcare Stocks to Buy in April 2024 | 04/08/2024 |
4 | Markets stall at the start of Q2 - But this stock keeps rallying regardless | 04/09/2024 |
5 | Centene Wins Medicaid Contract to Better Serve Michigan | 04/11/2024 |
6 | Humana Stock Moves -1.17 percent What You Should Know | 04/12/2024 |
7 | Florida issues Medicaid managed care awards booting out UnitedHealth, CVS and Molina | 04/15/2024 |
8 | UnitedHealths Q1 Medical Cost Update, Prudent Outlook Eases Investor Concerns Goldman Sachs | 04/16/2024 |
9 | Insider Trading | 04/18/2024 |
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 |
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Check out Humana Backtesting, Portfolio Optimization, Humana Correlation, Humana Hype Analysis, Humana Volatility, Humana History and analyze Humana Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Humana technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.