Hewlett Competitors
| HPE Stock | USD 21.52 0.49 2.23% |
Hewlett Packard vs Sandisk Corp Correlation
Very good diversification
The correlation between Hewlett Packard Enterprise and SNDK is -0.47 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hewlett Packard Enterprise and SNDK in the same portfolio, assuming nothing else is changed.
Moving against Hewlett Stock
The current year's Return On Capital Employed is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0. At present, Hewlett Packard's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.61, whereas Non Current Assets Total are forecasted to decline to about 33.4 B.Hewlett Packard Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hewlett Packard and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hewlett and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hewlett Packard Ente does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Hewlett Stock performing well and Hewlett Packard Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hewlett Packard's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ERIC | 1.11 | 0.06 | 0.03 | 0.12 | 1.43 | 2.40 | 10.94 | |||
| CRDO | 3.52 | (0.51) | 0.00 | (0.82) | 0.00 | 8.29 | 22.18 | |||
| NOK | 1.64 | (0.18) | 0.00 | (0.17) | 0.00 | 2.57 | 12.72 | |||
| SMCI | 2.68 | (0.86) | 0.00 | (0.56) | 0.00 | 4.07 | 14.71 | |||
| KEYS | 1.38 | 0.34 | 0.20 | 0.26 | 1.35 | 2.87 | 13.11 | |||
| ASX | 1.64 | 0.26 | 0.09 | 1.34 | 2.13 | 3.48 | 8.77 | |||
| CIEN | 2.98 | 0.52 | 0.13 | 0.39 | 3.88 | 9.22 | 23.22 | |||
| FI | 1.32 | (0.29) | 0.00 | (2.78) | 0.00 | 3.36 | 3.70 | |||
| PSTG | 2.92 | (0.41) | 0.00 | (0.32) | 0.00 | 4.87 | 34.28 | |||
| SNDK | 5.50 | 1.95 | 0.30 | 0.54 | 5.51 | 15.31 | 36.75 |
Cross Equities Net Income Analysis
Compare Hewlett Packard Ente and related stocks such as Telefonaktiebolaget, Credo Technology, and Nokia Corp ADR Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMCI | 2.2 M | 29.6 M | 21.2 M | 54.1 M | 101.9 M | 72.1 M | 66.9 M | 46.2 M | 71.9 M | 84.3 M | 111.9 M | 285.2 M | 640 M | 1.2 B | 1 B | 1.2 B | 1.3 B |
| KEYS | 787 M | 841 M | 457 M | 392 M | 513 M | 335 M | 102 M | 165 M | 621 M | 627 M | 894 M | 1.1 B | 1.1 B | 614 M | 846 M | 972.9 M | 687.5 M |
| CIEN | 112.9 M | (144 M) | (85.4 M) | (40.6 M) | 11.7 M | 72.6 M | 1.3 B | (344.7 M) | 253.4 M | 361.3 M | 500.2 M | 152.9 M | 254.8 M | 84 M | 123.3 M | 141.8 M | 148.9 M |
| PSTG | (78.6 M) | (78.6 M) | (78.6 M) | (78.6 M) | (183.2 M) | (213.8 M) | (245.1 M) | (177.6 M) | (178.4 M) | (201 M) | (282.1 M) | (143.3 M) | 73.1 M | 61.3 M | 106.7 M | 122.7 M | 128.9 M |
| SNDK | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | 1.1 B | (2.1 B) | (672 M) | (1.6 B) | (1.5 B) | (1.4 B) |
Hewlett Packard Ente and related stocks such as Telefonaktiebolaget, Credo Technology, and Nokia Corp ADR Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Hewlett Packard Ente financial statement analysis. It represents the amount of money remaining after all of Hewlett Packard Enterprise operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Hewlett Packard Competitive Analysis
The better you understand Hewlett Packard competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hewlett Packard's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hewlett Packard's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Hewlett Packard Competition Performance Charts
Five steps to successful analysis of Hewlett Packard Competition
Hewlett Packard's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hewlett Packard Ente in relation to its competition. Hewlett Packard's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hewlett Packard in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hewlett Packard's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hewlett Packard Ente, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Hewlett Packard Correlation with its peers. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Will Technology Hardware, Storage & Peripherals sector continue expanding? Could Hewlett diversify its offerings? Factors like these will boost the valuation of Hewlett Packard. Market participants price Hewlett higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hewlett Packard data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.89) | Dividend Share 0.52 | Earnings Share (0.04) | Revenue Per Share | Quarterly Revenue Growth 0.144 |
The market value of Hewlett Packard Ente is measured differently than its book value, which is the value of Hewlett that is recorded on the company's balance sheet. Investors also form their own opinion of Hewlett Packard's value that differs from its market value or its book value, called intrinsic value, which is Hewlett Packard's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Hewlett Packard's market value can be influenced by many factors that don't directly affect Hewlett Packard'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 Hewlett Packard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hewlett Packard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Hewlett Packard's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.