HP Stock Chance of Future Stock Price Finishing Under 25.49

HPQ
 Stock
  

USD 28.31  0.90  3.08%   

HP's future price is the expected price of HP instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of HP Inc performance during a given time horizon utilizing its historical volatility. As of 7th of December 2022, Price to Earnings Ratio is likely to grow to 8.35, while Price to Book Value is likely to drop (19.57) .
  
HP's implied volatility is one of the determining factors in the pricing options written on HP Inc. Implied volatility approximates the future value of HP based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in HP Inc over a specific time period. For example, 2022-12-09 CALL at $28.5 is a CALL option contract on HP's common stock with a strick price of 28.5 expiring on 2022-12-09. The contract was last traded on 2022-12-06 at 15:13:58 for $0.29 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $0.26, and an ask price of $0.32. The implied volatility as of the 7th of December is 44.9671. View All HP options

Closest to current price HP long CALL Option Payoff at Expiration

Please check HP Backtesting, HP Valuation, HP Correlation, HP Hype Analysis, HP Volatility, HP History as well as HP Performance. Please specify HP time horizon, a valid symbol (red box) and a target price (blue box) you would like HP odds to be computed.

HP Target Price Odds to finish below 25.49

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 PriceHorizonTarget PriceOdds to drop to $ 25.49  or more in 90 days
 28.31 90 days 25.49 
about 12.95
Based on a normal probability distribution, the odds of HP to drop to $ 25.49  or more in 90 days from now is about 12.95 (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 $ 25.49  and its current price of $28.31 at the end of the 90-day period is about 57.31 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.32 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, HP will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. HP Inc is significantly underperforming NYSE Composite.
   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 or bond 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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of HP'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. Please use the tools below to analyze the current value of HP in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.9828.3830.78
Details
Intrinsic
Valuation
LowReal ValueHigh
25.4831.7834.18
Details
Naive
Forecast
LowNext ValueHigh
25.9728.3730.76
Details
9 Analysts
Consensus
LowTarget PriceHigh
33.0035.5740.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HP. Your research has to be compared to or analyzed against HP's peers to derive any actionable benefits. When done correctly, HP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in HP Inc.

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 NYSE Composite
-0.02
β
Beta against NYSE Composite1.32
σ
Overall volatility
1.70
Ir
Information ratio 0.00056539

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.
The company has 10.8 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. HP Inc has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are 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 81.0% of HP shares are owned by institutional investors
Latest headline from news.google.com: HP INC Managements Discussion and Analysis of Financial Condition and Results of Operations. - Marketscreener.com

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 Outstanding1050000000.00
Cash And Short Term Investments3145000000.00

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 time-series forecasting models is one of many HP's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These 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.
The company has 10.8 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. HP Inc has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are 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 81.0% of HP shares are owned by institutional investors
Latest headline from news.google.com: HP INC Managements Discussion and Analysis of Financial Condition and Results of Operations. - Marketscreener.com
Please check HP Backtesting, HP Valuation, HP Correlation, HP Hype Analysis, HP Volatility, HP History as well as HP Performance. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for analysis

When running HP Inc 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 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.
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Is HP's industry 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 HP. If investors know HP 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 HP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.174
Market Capitalization
30.2 B
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
0.085
The market value of HP Inc is measured differently than its book value, which is the value of HP that is recorded on the company's balance sheet. Investors also form their own opinion of HP's value that differs from its market value or its book value, called intrinsic value, which is HP'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 HP's market value can be influenced by many factors that don't directly affect HP'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 HP's value and its price as these two are different measures arrived at by different means. Investors typically determine HP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HP'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.