Humana Inc Etf Price on February 5, 2020
| HUM Etf | USD 323.46 5.94 1.87% |
Below is the normalized historical share price chart for Humana Inc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Humana stands at 323.46, as last reported on the 17th of April 2024, with the highest price reaching 324.38 and the lowest price hitting 318.10 during the day.
If you're considering investing in Humana Etf, it is important to understand the factors that can impact its price. Humana Inc holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Humana Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Humana's Market Risk Adjusted Performance of (4.12), standard deviation of 2.72, and Risk Adjusted Performance of (0.11) to validate the risk estimate we provide.
Humana Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of January 1993 | 200 Day MA 440.1457 | 50 Day MA 345.5884 | Beta 0.463 |
Humana |
Sharpe Ratio = -0.146
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| Negative Returns | HUM |
Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Humana is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Humana by adding Humana to a well-diversified portfolio.
Price Book 2.3172 | Price Sales 0.3542 | Shares Float 120.2 M | Dividend Share 3.54 | Wall Street Target Price 381.28 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
| LTC | Litecoin | |
| STETH | Staked Ether | |
| LINK | Chainlink |
About Humana Etf history
Humana investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Humana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Humana Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Humana stock prices may prove useful in developing a viable investing in Humana
Humana Inc., together with its subsidiaries, operates as a health and well-being company in the United States. Humana Inc. was founded in 1961 and is headquartered in Louisville, Kentucky. Humana operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 95500 people.
Humana Etf Technical Analysis
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.
Price Boundaries
Humana Period Price Range
Humana April 17, 2024 Market Strength
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
| Accumulation Distribution | 37921.88 | |||
| Daily Balance Of Power | 0.9459 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 321.24 | |||
| Day Typical Price | 321.98 | |||
| Price Action Indicator | 5.19 | |||
| Period Momentum Indicator | 5.94 | |||
| Relative Strength Index | 27.41 |
Humana Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Humana's price direction in advance. Along with the technical and fundamental analysis of Humana Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Humana to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (4.13) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Humana Inc. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of Humana Inc is measured differently than its book value, which is the value of Humana that is recorded on the company's balance sheet. Investors also form their own opinion of Humana's value that differs from its market value or its book value, called intrinsic value, which is Humana'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 Humana's market value can be influenced by many factors that don't directly affect Humana'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 Humana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Humana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Humana'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.