Humana AB (Sweden) Probability of Future Stock Price Finishing Under 36.66
| HUM Stock | SEK 37.10 0.20 0.54% |
Humana |
Humana AB Target Price Odds to finish below 36.66
The tendency of Humana 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 drop to kr 36.66 or more in 90 days |
| 37.10 | 90 days | 36.66 | about 60.23 |
Based on a normal probability distribution, the odds of Humana AB to drop to kr 36.66 or more in 90 days from now is about 60.23 (This Humana AB probability density function shows the probability of Humana Stock to fall within a particular range of prices over 90 days) . Probability of Humana AB price to stay between kr 36.66 and its current price of kr37.1 at the end of the 90-day period is about 7.23 .
Assuming the 90 days trading horizon Humana AB has a beta of 0.21. This usually indicates as returns on the market go up, Humana AB average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Humana AB will be expected to be much smaller as well. Additionally Humana AB has an alpha of 0.1881, implying that it can generate a 0.19 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Humana AB Price Density |
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Predictive Modules for Humana AB
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Humana AB. 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.Humana AB Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Humana AB is not an exception. The market had few large corrections towards the Humana AB'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 Humana AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Humana AB within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 0.21 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | 0.04 |
Humana AB 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 Humana AB for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Humana AB can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Humana AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Humana AB has accumulated 4.7 B in total debt with debt to equity ratio (D/E) of 200.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Humana AB has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Humana AB until it has trouble settling it off, either with new capital or with free cash flow. So, Humana AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Humana AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humana to invest in growth at high rates of return. When we think about Humana AB's use of debt, we should always consider it together with cash and equity. | |
| About 72.0% of Humana AB shares are owned by institutional investors |
Humana AB 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 Humana Stock often depends not only on the future outlook of the current and potential Humana AB'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. Humana AB's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48.7 M | |
| Cash And Short Term Investments | 695 M |
Humana AB Technical Analysis
Humana AB's future price can be derived by breaking down and analyzing its technical indicators over time. Humana Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Humana AB. In general, you should focus on analyzing Humana Stock price patterns and their correlations with different microeconomic environments and drivers.
Humana AB Predictive Forecast Models
Humana AB's time-series forecasting models is one of many Humana AB'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 Humana AB'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.
Things to note about Humana AB
Checking the ongoing alerts about Humana AB for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Humana AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Humana AB has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Humana AB has accumulated 4.7 B in total debt with debt to equity ratio (D/E) of 200.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Humana AB has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Humana AB until it has trouble settling it off, either with new capital or with free cash flow. So, Humana AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Humana AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Humana to invest in growth at high rates of return. When we think about Humana AB's use of debt, we should always consider it together with cash and equity. | |
| About 72.0% of Humana AB shares are owned by institutional investors |
Additional Tools for Humana Stock Analysis
When running Humana AB's price analysis, check to measure Humana AB'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 AB is operating at the current time. Most of Humana AB's value examination focuses on studying past and present price action to predict the probability of Humana AB'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 AB's price. Additionally, you may evaluate how the addition of Humana AB to your portfolios can decrease your overall portfolio volatility.