HP (Germany) Chance of Future Stock Price Finishing Under 33.92
| 7HP Stock | EUR 36.19 0.19 0.53% |
HP |
HP Target Price Odds to finish below 33.92
The tendency of HP 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 € 33.92 or more in 90 days |
| 36.19 | 90 days | 33.92 | about 75.3 |
Based on a normal probability distribution, the odds of HP to drop to € 33.92 or more in 90 days from now is about 75.3 (This HP Inc probability density function shows the probability of HP Stock to fall within a particular range of prices over 90 days) . Probability of HP Inc price to stay between € 33.92 and its current price of €36.19 at the end of the 90-day period is about 22.33 .
Assuming the 90 days horizon HP has a beta of 0.89. This suggests HP Inc market returns are reactive to returns on the market. As the market goes up or down, HP is expected to follow. Additionally HP Inc has an alpha of 0.1267, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HP Price Density |
| Price |
Predictive Modules for HP
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HP Inc. 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.HP Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HP is not an exception. The market had few large corrections towards the HP'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 HP Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HP within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | 0.06 |
HP 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 HP for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HP Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HP Inc has accumulated 10.8 B in total debt. HP Inc has a current ratio of 0.78, 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 HP until it has trouble settling it off, either with new capital or with free cash flow. So, HP'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 HP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HP to invest in growth at high rates of return. When we think about HP's use of debt, we should always consider it together with cash and equity. | |
| Over 82.0% of the company shares are owned by institutions such as pension funds |
HP 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 HP Stock often depends not only on the future outlook of the current and potential HP'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. HP's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B |
HP Technical Analysis
HP's future price can be derived by breaking down and analyzing its technical indicators over time. HP Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HP Inc. In general, you should focus on analyzing HP Stock price patterns and their correlations with different microeconomic environments and drivers.
HP Predictive Forecast Models
HP's time-series forecasting models is one of many HP'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 HP'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 HP Inc
Checking the ongoing alerts about HP for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HP Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HP Inc has accumulated 10.8 B in total debt. HP Inc has a current ratio of 0.78, 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 HP until it has trouble settling it off, either with new capital or with free cash flow. So, HP'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 HP Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HP to invest in growth at high rates of return. When we think about HP's use of debt, we should always consider it together with cash and equity. | |
| Over 82.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in HP Stock
When determining whether HP Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Hp Inc Stock:Check out HP Backtesting, HP Valuation, HP Correlation, HP Hype Analysis, HP Volatility, HP History as well as HP Performance. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.