Humana Etf Forecast - Daily Balance Of Power
| HUM Etf | USD 293.13 3.25 1.10% |
Humana Etf Forecast is based on your current time horizon.
Humana |
Open Interest Against 2024-12-06 Humana Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Humana's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Humana's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Humana stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Humana's open interest, investors have to compare it to Humana's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Humana is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Humana. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.3587 | (0.61) |
| Check Humana Volatility | Backtest Humana | Information Ratio |
Humana Trading Date Momentum
| On December 02 2024 Humana Inc was traded for 293.13 at the closing time. Highest Humana's price during the trading hours was 297.04 and the lowest price during the day was 291.68 . The net volume was 1.3 M. The overall trading history on the 2nd of December did not cause price change. The trading delta at closing time to current price is 0.98% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Humana to competition |
Other Forecasting Options for Humana
For every potential investor in Humana, whether a beginner or expert, Humana's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Humana Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Humana. Basic forecasting techniques help filter out the noise by identifying Humana's price trends.Humana Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Humana etf to make a market-neutral strategy. Peer analysis of Humana could also be used in its relative valuation, which is a method of valuing Humana by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Humana Inc Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Humana's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Humana's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Humana Market Strength Events
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 | 22759.28 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 294.36 | |||
| Day Typical Price | 293.95 | |||
| Price Action Indicator | (2.86) | |||
| Period Momentum Indicator | (3.25) |
Humana Risk Indicators
The analysis of Humana's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Humana's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting humana etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.09 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.25 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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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.