Humana (Germany) Alpha and Beta Analysis
| HUM Stock | EUR 259.90 2.60 0.99% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Humana Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Humana over a specified time horizon. Remember, high Humana's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Humana's market risk premium analysis include:
Beta 1.63 | Alpha (0.24) | Risk 3.86 | Sharpe Ratio (0.02) | Expected Return (0.08) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Humana Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Humana market risk premium is the additional return an investor will receive from holding Humana long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Humana. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Humana's performance over market.| α | -0.24 | β | 1.63 |
Humana expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Humana's Buy-and-hold return. Our buy-and-hold chart shows how Humana performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Humana Market Price Analysis
Market price analysis indicators help investors to evaluate how Humana stock 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 understating and applying Humana stock market price indicators, traders can identify Humana position entry and exit signals to maximize returns.
Humana Return and Market Media
The median price of Humana for the period between Sun, Sep 15, 2024 and Sat, Dec 14, 2024 is 265.6 with a coefficient of variation of 8.34. The daily time series for the period is distributed with a sample standard deviation of 21.62, arithmetic mean of 259.17, and mean deviation of 18.73. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Humana Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Humana or other stocks. Alpha measures the amount that position in Humana Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Humana in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Humana's short interest history, or implied volatility extrapolated from Humana options trading.
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Additional Information and Resources on Investing in Humana Stock
When determining whether Humana Inc is a strong investment it is important to analyze Humana's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Humana's future performance. For an informed investment choice regarding Humana Stock, refer to the following important reports:Check out Humana Backtesting, Humana Valuation, Humana Correlation, Humana Hype Analysis, Humana Volatility, Humana History and analyze Humana Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Humana technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.