Humana Inc Bond Technical Analysis

444859BR2   78.80  1.18  1.48%   
As of the 28th of March, HUMANA retains the Coefficient Of Variation of (842.24), market risk adjusted performance of (0.63), and Risk Adjusted Performance of (0.06). In connection with fundamental indicators, the technical analysis model lets you check practical technical drivers of HUMANA INC, as well as the relationship between them. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for HUMANA INC, which can be compared to its competitors. Please check out HUMANA INC mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if HUMANA is priced correctly, providing market reflects its last-minute price of 78.8 per share.

HUMANA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HUMANA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HUMANA
  
HUMANA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
HUMANA technical bond 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, bond market cycles, or different charting patterns.
A focus of HUMANA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HUMANA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

HUMANA INC Trend Analysis

Use this graph to draw trend lines for HUMANA INC. You can use it to identify possible trend reversals for HUMANA as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual HUMANA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

HUMANA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HUMANA INC applied against its price change over selected period. The best fit line has a slop of   0.16  , which may suggest that HUMANA INC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 935.35, which is the sum of squared deviations for the predicted HUMANA price change compared to its average price change.

About HUMANA Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of HUMANA INC on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of HUMANA INC based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on HUMANA INC price pattern first instead of the macroeconomic environment surrounding HUMANA INC. By analyzing HUMANA's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of HUMANA's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to HUMANA specific price patterns or momentum indicators. Please read more on our technical analysis page.

HUMANA March 28, 2024 Technical Indicators

Most technical analysis of HUMANA help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for HUMANA from various momentum indicators to cycle indicators. When you analyze HUMANA charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in HUMANA INC. Also, note that the market value of any corporate bond could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the HUMANA INC information on this page should be used as a complementary analysis to other HUMANA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for HUMANA Bond 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.
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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.