Horace Mann Educators Stock Probability of Future Stock Price Finishing Over 34.27
| HMN Stock | USD 39.23 0.07 0.18% |
Horace |
Horace Mann Target Price Odds to finish over 34.27
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 stay above $ 34.27 in 90 days |
| 39.23 | 90 days | 34.27 | over 95.96 |
Based on a normal probability distribution, the odds of Horace Mann to stay above $ 34.27 in 90 days from now is over 95.96 (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 $ 34.27 and its current price of $39.23 at the end of the 90-day period is about 54.74 .
Considering the 90-day investment horizon Horace Mann has a beta of 0.44. 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 0.1688, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Horace Mann Price Density |
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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.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 Dow Jones | 0.17 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 2.52 | |
Ir | Information ratio | 0.09 |
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 | |
| On 31st of December 2024 Horace Mann paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Recent 6.0 percent pullback isnt enough to hurt long-term Horace Mann Educators shareholders, theyre still up 25 percent over 1 year |
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 | 41.4 M | |
| Cash And Short Term Investments | 29 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.