Humana Gross Profit vs. Market Capitalization
| 0J6Z Stock | 297.99 1.27 0.43% |
Gross Profit | First Reported 2012-06-30 | Previous Quarter 29.5 B | Current Value 29.4 B | Quarterly Volatility 5.9 B |
For Humana profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Humana to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Humana Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Humana's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Humana Inc over time as well as its relative position and ranking within its peers.
Humana |
Humana Inc Market Capitalization vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Humana's current stock value. Our valuation model uses many indicators to compare Humana value to that of its competitors to determine the firm's financial worth. Humana Inc is number one stock in gross profit category among its peers. It also is number one stock in market capitalization category among its peers creating about 224.62 of Market Capitalization per Gross Profit. At this time, Humana's Gross Profit is comparatively stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Humana's earnings, one of the primary drivers of an investment's value.Humana Market Capitalization vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Humana |
| = | 17.18 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Humana |
| = | 3.86 T |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Humana Market Capitalization vs Competition
Humana Inc is number one stock in market capitalization category among its peers. Market capitalization of Industrials industry is presently estimated at about 5.2 Trillion. Humana totals roughly 3.86 Trillion in market capitalization claiming about 74% of equities under Industrials industry.
Humana Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Humana, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Humana will eventually generate negative long term returns. The profitability progress is the general direction of Humana's change in net profit over the period of time. It can combine multiple indicators of Humana, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -999 M | -949 M | |
| Operating Income | 4 B | 3.2 B | |
| Income Before Tax | 3.3 B | 3.2 B | |
| Total Other Income Expense Net | -693 M | -658.4 M | |
| Net Income | 2.5 B | 2.2 B | |
| Income Tax Expense | 836 M | 707.4 M | |
| Interest Income | 374.9 M | 288.4 M | |
| Net Income Applicable To Common Shares | 3.2 B | 2.9 B | |
| Change To Netincome | 361.8 M | 379.9 M |
Humana Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Humana. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Humana position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Humana's important profitability drivers and their relationship over time.
Use Humana in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Humana position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Humana will appreciate offsetting losses from the drop in the long position's value.Humana Pair Trading
Humana Inc Pair Trading Analysis
The ability to find closely correlated positions to Humana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Humana when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Humana - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Humana Inc to buy it.
The correlation of Humana is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Humana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Humana Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Humana can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Humana position
In addition to having Humana in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Humana Stock 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.