Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding HP is 'Strong Hold'. Macroaxis provides HP buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HP positions. The advice algorithm takes into account all of HP available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from HP buy-and-hold prospective. Please also check HP Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon HP has a risk adjusted performance of (0.07), jensen alpha of (0.16), total risk alpha of (0.16), sortino ratio of 0.0 and treynor ratio of (0.10)Our buy, hold, or sell suggestion tool can be used to cross verify current analyst consensus on HP and to analyze the organization potential to grow in the current economic cycle. To make sure HP is not overpriced, please check out all HP fundamentals including its Shares Owned by Insiders, Cash and Equivalents, Number of Employees, as well as the relationship between Price to Sales and Book Value Per Share . Given that HP has Price to Earning of 7.00X, we strongly advise you confirm HP market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.
The company has 5.06B in debt with debt to equity (D/E) ratio of 0.88 which is OK given its current industry classification. HP has Current Ratio of 0.78 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
HP exhibits very low volatility with skewness of -1.3 and kurtosis of 3.73. However, we advise investors to further study HP technical indicators to make sure all market info is available and is reliable.