Horace Mann Stock Forecast - Treynor Ratio
| HMN Stock | USD 42.64 3.37 8.58% |
Horace Stock Forecast is based on your current time horizon. Although Horace Mann's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Horace Mann's systematic risk associated with finding meaningful patterns of Horace Mann fundamentals over time.
Horace |
| Check Horace Mann Volatility | Backtest Horace Mann | Information Ratio |
Horace Mann Trading Date Momentum
| On November 06 2024 Horace Mann Educators was traded for 42.64 at the closing time. Highest Horace Mann's price during the trading hours was 43.26 and the lowest price during the day was 41.46 . The net volume was 615.1 K. The overall trading history on the 6th of November did not cause price change. The trading delta at closing time to current price is 2.77% . |
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Other Forecasting Options for Horace Mann
For every potential investor in Horace, whether a beginner or expert, Horace Mann's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Horace Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Horace. Basic forecasting techniques help filter out the noise by identifying Horace Mann's price trends.Horace Mann 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 Horace Mann stock to make a market-neutral strategy. Peer analysis of Horace Mann could also be used in its relative valuation, which is a method of valuing Horace Mann by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Horace Mann Educators Technical and Predictive Analytics
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 Horace Mann'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 Horace Mann's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Horace Mann Market Strength Events
Market strength indicators help investors to evaluate how Horace Mann stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Horace Mann shares will generate the highest return on investment. By undertsting and applying Horace Mann stock market strength indicators, traders can identify Horace Mann Educators entry and exit signals to maximize returns.
| Accumulation Distribution | 25591.96 | |||
| Daily Balance Of Power | 1.872222 | |||
| Rate Of Daily Change | 1.09 | |||
| Day Median Price | 42.36 | |||
| Day Typical Price | 42.45 | |||
| Price Action Indicator | 1.97 | |||
| Period Momentum Indicator | 3.37 | |||
| Relative Strength Index | 37.05 |
Horace Mann Risk Indicators
The analysis of Horace Mann'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 Horace Mann's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting horace 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.
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.95 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.19 | |||
| Expected Short fall | (1.33) |
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.
Pair Trading with Horace Mann
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 Horace Mann 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 Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
Moving against Horace Stock
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann 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 Horace Mann - 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 Horace Mann Educators to buy it.
The correlation of Horace Mann 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 Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators 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 Horace Mann 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.Check out Historical Fundamental Analysis of Horace Mann to cross-verify your projections. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Multi-line Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horace Mann. If investors know Horace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.964 | Dividend Share 1.35 | Earnings Share 2.74 | Revenue Per Share 38.477 | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.