Hewlett Packard Enterprise Stock Market Value
| HPE Stock | USD 16.79 0.25 1.47% |
| Symbol | Hewlett |
Hewlett Packard Ente Price To Book Ratio
Is Hewlett Packard'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 Hewlett Packard. If investors know Hewlett 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 Hewlett Packard 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 (0.24) | Dividend Share 0.49 | Earnings Share 1.45 | Revenue Per Share 21.605 | Quarterly Revenue Growth (0.14) |
The market value of Hewlett Packard Ente is measured differently than its book value, which is the value of Hewlett that is recorded on the company's balance sheet. Investors also form their own opinion of Hewlett Packard's value that differs from its market value or its book value, called intrinsic value, which is Hewlett Packard'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 Hewlett Packard's market value can be influenced by many factors that don't directly affect Hewlett Packard'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 Hewlett Packard's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hewlett Packard is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hewlett Packard'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.
Hewlett Packard '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 Hewlett Packard'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 Hewlett Packard.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Hewlett Packard on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Hewlett Packard Enterprise or generate 0.0% return on investment in Hewlett Packard over 30 days. Hewlett Packard is related to or competes with LG Display, Sony Corp, Sonos, Vizio Holding, Singing Machine, Koss, and GoPro. Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamle... More
Hewlett Packard 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 Hewlett Packard'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 Hewlett Packard Enterprise upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0606 | |||
| Maximum Drawdown | 14.79 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 2.77 |
Hewlett Packard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hewlett Packard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hewlett Packard's standard deviation. In reality, there are many statistical measures that can use Hewlett Packard historical prices to predict the future Hewlett Packard's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.125 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | 0.183 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hewlett Packard'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.
Hewlett Packard Ente Backtested Returns
We consider Hewlett Packard very steady. Hewlett Packard Ente holds Efficiency (Sharpe) Ratio of 0.088, which attests that the entity had a 0.088% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Hewlett Packard Ente, which you can use to evaluate the volatility of the firm. Please check out Hewlett Packard's Market Risk Adjusted Performance of 0.193, downside deviation of 1.69, and Risk Adjusted Performance of 0.065 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Hewlett Packard has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.0, which attests to a somewhat significant risk relative to the market. Hewlett Packard returns are very sensitive to returns on the market. As the market goes up or down, Hewlett Packard is expected to follow. Hewlett Packard Ente right now retains a risk of 2.07%. Please check out Hewlett Packard skewness, and the relationship between the potential upside and rate of daily change , to decide if Hewlett Packard will be following its current trending patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Hewlett Packard Enterprise has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Hewlett Packard time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Hewlett Packard Ente price movement. The serial correlation of -0.77 indicates that around 77.0% of current Hewlett Packard price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Hewlett Packard Ente lagged returns against current returns
Autocorrelation, which is Hewlett Packard 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 Hewlett Packard's stock expected returns. We can calculate the autocorrelation of Hewlett Packard returns to help us make a trade decision. For example, suppose you find that Hewlett Packard 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 |
Hewlett Packard 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 Hewlett Packard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hewlett Packard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hewlett Packard stock over time.
Current vs Lagged Prices |
| Timeline |
Hewlett Packard Lagged Returns
When evaluating Hewlett Packard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hewlett Packard stock have on its future price. Hewlett Packard 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, Hewlett Packard autocorrelation shows the relationship between Hewlett Packard stock current value and its past values and can show if there is a momentum factor associated with investing in Hewlett Packard Enterprise.
Regressed Prices |
| Timeline |
Hewlett Packard Investors Sentiment
The influence of Hewlett Packard's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hewlett. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hewlett Packard's public news can be used to forecast risks associated with an investment in Hewlett. The trend in average sentiment can be used to explain how an investor holding Hewlett can time the market purely based on public headlines and social activities around Hewlett Packard Enterprise. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hewlett Packard's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hewlett Packard's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hewlett Packard's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hewlett Packard.
Hewlett Packard Implied Volatility | 57.33 |
Hewlett Packard's implied volatility exposes the market's sentiment of Hewlett Packard Enterprise stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hewlett Packard's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hewlett Packard stock will not fluctuate a lot when Hewlett Packard's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hewlett Packard in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hewlett Packard's short interest history, or implied volatility extrapolated from Hewlett Packard options trading.
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Complementary Tools for Hewlett Stock analysis
When running Hewlett Packard's price analysis, check to measure Hewlett Packard'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 Hewlett Packard is operating at the current time. Most of Hewlett Packard's value examination focuses on studying past and present price action to predict the probability of Hewlett Packard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hewlett Packard's price. Additionally, you may evaluate how the addition of Hewlett Packard to your portfolios can decrease your overall portfolio volatility.
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