HP (Germany) Price on December 10, 2024
7HP Stock | EUR 31.48 0.22 0.69% |
If you're considering investing in HP Stock, it is important to understand the factors that can impact its price. As of today, the current price of HP stands at 31.48, as last reported on the 5th of January, with the highest price reaching 31.48 and the lowest price hitting 31.48 during the day. HP Inc retains Efficiency (Sharpe Ratio) of -0.0084, which attests that the entity had a -0.0084% return per unit of price deviation over the last 3 months. HP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HP's Coefficient Of Variation of (65,338), market risk adjusted performance of 0.1553, and Information Ratio of (0.01) to validate the risk estimate we provide.
HP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HP |
Sharpe Ratio = -0.0084
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Estimated Market Risk
2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HP is not performing at its full potential. However, 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 HP to a well-diversified portfolio.
HP Valuation on December 10, 2024
It is possible to determine the worth of HP on a given historical date. On December 10, 2024 HP was worth 34.01 at the beginning of the trading date compared to the closed value of 34.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HP stock. Still, in general, we apply an absolute valuation method to find HP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HP's related companies.
Open | High | Low | Close | Volume | |
33.86 | 34.26 | 33.86 | 34.26 | 2,515 | |
12/10/2024 | 34.01 | 34.21 | 34.01 | 34.17 | 2,976 |
32.83 | 32.83 | 32.60 | 32.60 | 2,613 |
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HP Trading Date Momentum on December 10, 2024
On December 11 2024 HP Inc was traded for 32.60 at the closing time. The highest daily price throughout the period was 32.83 and the lowest price was 32.60 . The daily volume was 2.6 K. The net trading volume on 12/11/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 4.59% . The trading delta at closing time to current closing price is 9.16% . |
HP Inc Fundamentals Correlations and Trends
By evaluating HP's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HP Stock history
HP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HP Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HP stock prices may prove useful in developing a viable investing in HP
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 INC operates under Computer Hardware classification in Germany and is traded on Frankfurt Stock Exchange. It employs 55000 people.
HP Stock Technical Analysis
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.
Price Boundaries
HP Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
HP Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
HP January 5, 2025 Market Strength
Market strength 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 undertsting and applying HP stock market strength indicators, traders can identify HP Inc entry and exit signals to maximize returns
HP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HP's price direction in advance. Along with the technical and fundamental analysis of HP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0051 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Treynor Ratio | 0.1453 |
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Complementary Tools for HP Stock analysis
When running HP's 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 the 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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