Humana Inc has current Period Momentum Indicator of (1.24). Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
On November 29 2024 Humana Inc was traded for 296.72 at the closing time. The highest price during the trading period was 298.70 and the lowest recorded bid was listed for 295.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.58% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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 Stock 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.
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 stock 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.
The stock 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.
Market strength 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 undertsting and applying Humana stock market strength indicators, traders can identify Humana Inc entry and exit signals to maximize returns.
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 stock 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.