Hp Inc Stock Alpha and Beta Analysis
| HPQ Stock | USD 27.96 0.57 2.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HP Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in HP over a specified time horizon. Remember, high HP'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 HP's market risk premium analysis include:
Beta 1.29 | Alpha (0.18) | Risk 1.39 | Sharpe Ratio (0.01) | Expected Return (0.01) |
HP Quarterly Cash And Equivalents |
|
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.
HP |
HP Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HP market risk premium is the additional return an investor will receive from holding HP 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 HP. 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 HP's performance over market.| α | -0.18 | β | 1.29 |
HP 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 HP's Buy-and-hold return. Our buy-and-hold chart shows how HP performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.HP Market Price Analysis
Market price analysis indicators help investors to evaluate how HP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HP shares will generate the highest return on investment. By understating and applying HP stock market price indicators, traders can identify HP position entry and exit signals to maximize returns.
HP Return and Market Media
The median price of HP for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 is 29.11 with a coefficient of variation of 2.82. The daily time series for the period is distributed with a sample standard deviation of 0.82, arithmetic mean of 29.18, and mean deviation of 0.71. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | AI-Enabled Personal Computer Stocks Up 5 percent In February Now Up 6 percent YTD | 03/05/2024 |
2 | Adage Capital Partners GP L.L.C. Has 20.01 Million Position in HP Inc. | 03/08/2024 |
3 | Tech Tycoon Lynch Accused by US of Masterminding Massive Fraud | 03/18/2024 |
4 | Autonomy struck handshake deals with customers to boost revenue, Mike Lynch trial hears | 03/22/2024 |
5 | Why HP is a Great Dividend Stock Right Now | 03/25/2024 |
6 | 3 Sorry Big Data Stocks to Sell in March While You Still Can | 03/26/2024 |
7 | Velox Secures 38 Million in Funding Led by Fortissimo Capital | 04/02/2024 |
| HP dividend paid on 3rd of April 2024 | 04/03/2024 |
8 | Cramer looks to the pandemic era to understand todays market | 04/04/2024 |
9 | Disposition of 80368 shares by Tuan Tran of HP subject to Rule 16b-3 | 04/05/2024 |
10 | HPs five-year total shareholder returns outpace the underlying earnings growth | 04/09/2024 |
About HP 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 HP or other stocks. Alpha measures the amount that position in HP 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0362 | 0.0397 | 0.0357 | 0.0256 | Price To Sales Ratio | 0.46 | 0.49 | 0.44 | 0.34 |
HP Upcoming Company Events
As portrayed in its financial statements, the presentation of HP's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HP's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of HP's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of HP. Please utilize our Beneish M Score to check the likelihood of HP's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 19th of November 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Build Portfolio with HP
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out HP Backtesting, HP Valuation, HP Correlation, HP Hype Analysis, HP Volatility, HP History and analyze HP Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for HP Stock analysis
When running HP's price analysis, check to measure HP'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 HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
HP 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.