Hashicorp Stock Market Value
| HCP Stock | USD 33.92 0.07 0.21% |
| Symbol | Hashicorp |
Hashicorp Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hashicorp. If investors know Hashicorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hashicorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.75) | Revenue Per Share 3.163 | Quarterly Revenue Growth 0.153 | Return On Assets (0.08) | Return On Equity (0.12) |
The market value of Hashicorp is measured differently than its book value, which is the value of Hashicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Hashicorp's value that differs from its market value or its book value, called intrinsic value, which is Hashicorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hashicorp's market value can be influenced by many factors that don't directly affect Hashicorp'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 Hashicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hashicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hashicorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Hashicorp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hashicorp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hashicorp.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Hashicorp on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hashicorp or generate 0.0% return on investment in Hashicorp over 30 days. Hashicorp is related to or competes with SentinelOne, Confluent, MongoDB, EverCommerce, AvidXchange Holdings, Informatica, and Zscaler. HashiCorp, Inc. provides multi-cloud infrastructure automation solutions worldwide More
Hashicorp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hashicorp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hashicorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2356 | |||
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 1.15 | |||
| Value At Risk | (0.33) | |||
| Potential Upside | 0.5052 |
Hashicorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hashicorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hashicorp's standard deviation. In reality, there are many statistical measures that can use Hashicorp historical prices to predict the future Hashicorp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.54) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hashicorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hashicorp Backtested Returns
Currently, Hashicorp is very steady. Hashicorp holds Efficiency (Sharpe) Ratio of 0.0164, which attests that the entity had a 0.0164% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hashicorp, which you can use to evaluate the volatility of the firm. Please check out Hashicorp's Risk Adjusted Performance of (0.01), market risk adjusted performance of (0.04), and Downside Deviation of 0.2356 to validate if the risk estimate we provide is consistent with the expected return of 0.004%. Hashicorp has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hashicorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hashicorp is expected to be smaller as well. Hashicorp right now retains a risk of 0.24%. Please check out Hashicorp maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Hashicorp will be following its current trending patterns.
Auto-correlation | 0.27 |
Poor predictability
Hashicorp has poor predictability. Overlapping area represents the amount of predictability between Hashicorp time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hashicorp price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Hashicorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hashicorp lagged returns against current returns
Autocorrelation, which is Hashicorp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hashicorp's stock expected returns. We can calculate the autocorrelation of Hashicorp returns to help us make a trade decision. For example, suppose you find that Hashicorp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hashicorp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hashicorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hashicorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hashicorp stock over time.
Current vs Lagged Prices |
| Timeline |
Hashicorp Lagged Returns
When evaluating Hashicorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hashicorp stock have on its future price. Hashicorp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hashicorp autocorrelation shows the relationship between Hashicorp stock current value and its past values and can show if there is a momentum factor associated with investing in Hashicorp.
Regressed Prices |
| Timeline |
Additional Tools for Hashicorp Stock Analysis
When running Hashicorp's price analysis, check to measure Hashicorp'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 Hashicorp is operating at the current time. Most of Hashicorp's value examination focuses on studying past and present price action to predict the probability of Hashicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hashicorp's price. Additionally, you may evaluate how the addition of Hashicorp to your portfolios can decrease your overall portfolio volatility.