Hewlett Packard (Germany) Probability of Future Stock Price Finishing Under 17.57
| 2HP Stock | EUR 21.23 0.16 0.76% |
Hewlett |
Hewlett Packard Target Price Odds to finish below 17.57
The tendency of Hewlett Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 17.57 or more in 90 days |
| 21.23 | 90 days | 17.57 | about 35.41 |
Based on a normal probability distribution, the odds of Hewlett Packard to drop to € 17.57 or more in 90 days from now is about 35.41 (This Hewlett Packard Enterprise probability density function shows the probability of Hewlett Stock to fall within a particular range of prices over 90 days) . Probability of Hewlett Packard Ente price to stay between € 17.57 and its current price of €21.23 at the end of the 90-day period is about 60.72 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.19 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hewlett Packard will likely underperform. Additionally Hewlett Packard Enterprise has an alpha of 0.2117, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Hewlett Packard Price Density |
| Price |
Predictive Modules for Hewlett Packard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hewlett Packard Ente. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Hewlett Packard Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hewlett Packard is not an exception. The market had few large corrections towards the Hewlett Packard's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hewlett Packard Enterprise, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hewlett Packard within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.21 | |
β | Beta against Dow Jones | 1.19 | |
σ | Overall volatility | 1.70 | |
Ir | Information ratio | 0.1 |
Hewlett Packard Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hewlett Packard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hewlett Packard Ente can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has €7.85 Billion in debt which may indicate that it relies heavily on debt financing | |
| Hewlett Packard Enterprise has accumulated 7.85 B in total debt with debt to equity ratio (D/E) of 68.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hewlett Packard Ente has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hewlett Packard until it has trouble settling it off, either with new capital or with free cash flow. So, Hewlett Packard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hewlett Packard Ente sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hewlett to invest in growth at high rates of return. When we think about Hewlett Packard's use of debt, we should always consider it together with cash and equity. | |
| Over 85.0% of Hewlett Packard shares are owned by institutions such as pension funds |
Hewlett Packard Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hewlett Stock often depends not only on the future outlook of the current and potential Hewlett Packard's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hewlett Packard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Hewlett Packard Technical Analysis
Hewlett Packard's future price can be derived by breaking down and analyzing its technical indicators over time. Hewlett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hewlett Packard Enterprise. In general, you should focus on analyzing Hewlett Stock price patterns and their correlations with different microeconomic environments and drivers.
Hewlett Packard Predictive Forecast Models
Hewlett Packard's time-series forecasting models is one of many Hewlett Packard's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hewlett Packard's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hewlett Packard Ente
Checking the ongoing alerts about Hewlett Packard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hewlett Packard Ente help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has €7.85 Billion in debt which may indicate that it relies heavily on debt financing | |
| Hewlett Packard Enterprise has accumulated 7.85 B in total debt with debt to equity ratio (D/E) of 68.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hewlett Packard Ente has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hewlett Packard until it has trouble settling it off, either with new capital or with free cash flow. So, Hewlett Packard's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hewlett Packard Ente sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hewlett to invest in growth at high rates of return. When we think about Hewlett Packard's use of debt, we should always consider it together with cash and equity. | |
| Over 85.0% of Hewlett Packard shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Hewlett Stock
When determining whether Hewlett Packard Ente is a strong investment it is important to analyze Hewlett Packard's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hewlett Packard's future performance. For an informed investment choice regarding Hewlett Stock, refer to the following important reports:Check out Hewlett Packard Backtesting, Hewlett Packard Valuation, Hewlett Packard Correlation, Hewlett Packard Hype Analysis, Hewlett Packard Volatility, Hewlett Packard History as well as Hewlett Packard Performance. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.