Hp Stock Alpha and Beta Analysis

HPQ
 Stock
  

USD 26.64  0.75  2.90%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hp Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hp over a specified time horizon. Remember, high Hp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Hp Backtesting, Hp Valuation, Hp Correlation, Hp Hype Analysis, Hp Volatility, Hp History and analyze Hp Performance.
  
Please note that although Hp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Hp did 0.24  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Hp Inc stock's relative risk over its benchmark. Hp Inc has a beta of 1.50  . Let's try to break down what Hp's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hp will likely underperform.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Hp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hp market risk premium is the additional return an investor will receive from holding Hp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hp's performance over market.
α-0.24   β1.50
90 days against DJI

Hp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hp's Buy-and-hold return. Our buy-and-hold chart shows how Hp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Hp Market Price Analysis

Market price analysis indicators help investors to evaluate how Hp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hp shares will generate the highest return on investment. By understating and applying Hp stock market price indicators, traders can identify Hp position entry and exit signals to maximize returns.

Hp Return and Market Media

The median price of Hp for the period between Wed, Jul 6, 2022 and Tue, Oct 4, 2022 is 31.66 with a coefficient of variation of 10.32. The daily time series for the period is distributed with a sample standard deviation of 3.16, arithmetic mean of 30.67, and mean deviation of 2.78. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Exercise or conversion by Kristen Ludgate of 82167 shares of...07/14/2022
2
Financial Statements07/19/2022
3
7 Warren Buffett Stocks to Buy on the Dip - InvestorPlace07/25/2022
4
EPS Estimate07/28/2022
5
Top 5 2nd Quarter Trades of Spectrum Management Group, LLC -...07/29/2022
6
Sale by Marie Myers of 4500 shares of Hp08/02/2022
7
Zacks Earnings ESP A Better Way to Find Earnings Surprises f...08/09/2022
8
Payment of 6155 shares by Faust Jonathan P of Hp subject to ...08/24/2022
9
Financial Statements08/26/2022
10
Financial Statements08/29/2022
11
EPS Reported08/30/2022
12
Why HP Fell More Than 10 percent This Week - The Motley Fool09/02/2022
13
Financial Statements09/07/2022
14
5 Buffett Stocks Trading Near 52-Week Lows - Forbes09/16/2022
15
VM Breakouts Top Long-Term Growth And Dividend Stocks For Oc...10/03/2022

About Hp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hp or other stocks. Alpha measures the amount that position in Hp Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Hp Upcoming Company Events

As portrayed in its financial statements, the presentation of Hp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hp. Please utilize our Beneish M Score to check the likelihood of Hp's management manipulating its earnings.
Upcoming Quarterly Report24th of February 2022
Next Financial Report26th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End22nd of November 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Build Portfolio with Hp

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Hp Backtesting, Hp Valuation, Hp Correlation, Hp Hype Analysis, Hp Volatility, Hp History and analyze Hp Performance. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Hp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...