Humana Etf Forecast - Daily Balance Of Power

HUM Etf  USD 296.68  1.09  0.37%   
Humana Etf Forecast is based on your current time horizon.
  
On November 21, 2024 Humana Inc had Daily Balance Of Power of 0.5112. Balance of Power indicator (or BOP) measures the strength of Humana Inc market sensitivity to bulls and bears. It estimates the ability of Humana buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Humana Balance of Power indicator one can determine a trend of the price direction.
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Humana Trading Date Momentum

On November 22 2024 Humana Inc was traded for  298.11  at the closing time. Highest Humana's price during the trading hours was 303.03  and the lowest price during the day was  295.41 . The net volume was 1.4 M. The overall trading history on the 22nd of November contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.81% . The trading delta at closing time to current price is 2.80% .
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.
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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.

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.

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.
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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Other Information on Investing in Humana Etf

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.