HP Stock Performance

HPQ
 Stock
  

USD 33.58  0.32  0.96%   

The company owns a Beta (Systematic Risk) of 1.4731, which attests to a somewhat significant risk relative to the market. 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. Even though it is essential to pay attention to HP Inc existing price patterns, it is always good to be careful when utilizing equity price patterns. Our way in which we are determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. HP exposes twenty-one different technical indicators, which can help you to evaluate its performance. HP Inc has an expected return of -0.14%. Please be advised to check out HP Inc standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if HP Inc performance from the past will be repeated sooner or later.
  
HP Performance
0 of 100
Over the last 90 days HP Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm insiders. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0298
Payout Ratio
0.23
Last Split Factor
2202:1000
Forward Annual Dividend Rate
1.0
Dividend Date
2022-10-05
Ex Dividend Date
2022-09-13
Last Split Date
2015-11-02

HP Price Channel

Quick Ratio0.44
Fifty Two Week Low26.11
Target High Price50.00
Fifty Two Week High41.47
Payout Ratio16.26%
Trailing Annual Dividend Yield2.30%
Target Low Price29.00

HP Relative Risk vs. Return Landscape

If you would invest  3,730  in HP Inc on May 10, 2022 and sell it today you would lose (372.00)  from holding HP Inc or give up 9.97% of portfolio value over 90 days. HP Inc is generating negative expected returns assuming volatility of 2.5683% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than HP, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon HP is expected to under-perform the market. In addition to that, the company is 2.03 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.03 per unit of volatility.

HP Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for HP's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HP Inc, and traders can use it to determine the average amount a HP's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0532

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Negative ReturnsHPQ
Estimated Market Risk
 2.57
  actual daily
 
 22 %
of total potential
 
2222
Expected Return
 -0.14
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average HP is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of HP by adding it to a well-diversified portfolio.

About HP Performance

To evaluate HP Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when HP generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare HP Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand HP Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents HP's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Investment 97.08  104.74 
Return on Average Assets 0.21  0.23 
Return on Average Equity(1.92) (1.97) 
Return on Invested Capital 1.53  1.65 
Return on Sales 0.1  0.09 
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. HP Inc. was founded in 19 and is headquartered in Palo Alto, California. HP operates under Computer Hardware classification in the United States and is traded on New York Stock Exchange. It employs 51000 people.

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 Alerts

Equity Alerts and Improvement Suggestions

HP Inc generated a negative expected return over the last 90 days
The company has 10.23 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 0.79, 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.
HP Inc has a poor financial position based on the latest SEC disclosures
Over 90.0% of HP shares are owned by institutional investors
On 6th of July 2022 HP paid $ 0.25 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Crown Electrokinetics CEO Updates Shareholders on Recent Public Offering, Debt Financing and Transition to Customer Acquisition - Yahoo Finance
Please check Risk vs Return Analysis. Note that the HP Inc information on this page should be used as a complementary analysis to other HP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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
-0.041
Market Capitalization
34.7 B
Quarterly Revenue Growth YOY
0.039
Return On Assets
0.0971
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.