HP (Germany) Market Value

7HP Stock  EUR 29.61  2.65  8.21%   
HP's market value is the price at which a share of HP trades on a public exchange. It measures the collective expectations of HP Inc investors about its performance. HP is trading at 29.61 as of the 1st of March 2025. This is a 8.21 percent decrease since the beginning of the trading day. The stock's lowest day price was 28.94.
With this module, you can estimate the performance of a buy and hold strategy of HP Inc and determine expected loss or profit from investing in HP over a given investment horizon. Check out HP Correlation, HP Volatility and HP Alpha and Beta module to complement your research on HP.
Symbol

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 if HP is a good investment 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.

HP '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 HP'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 HP.
0.00
09/02/2024
No Change 0.00  0.0 
In 5 months and 30 days
03/01/2025
0.00
If you would invest  0.00  in HP on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding HP Inc or generate 0.0% return on investment in HP over 180 days. HP is related to or competes with MINCO SILVER, MAG Silver, Transport International, Yuexiu Transport, NAGOYA RAILROAD, and Broadridge Financial. HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, s... More

HP 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 HP'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 HP Inc upside and downside potential and time the market with a certain degree of confidence.

HP Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HP's standard deviation. In reality, there are many statistical measures that can use HP historical prices to predict the future HP's volatility.
Hype
Prediction
LowEstimatedHigh
27.8129.6131.41
Details
Intrinsic
Valuation
LowRealHigh
27.5529.3531.15
Details
Naive
Forecast
LowNextHigh
28.0229.8231.61
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
29.5232.0734.62
Details

HP Inc Backtested Returns

HP Inc retains Efficiency (Sharpe Ratio) of -0.1, which attests that the entity had a -0.1 % return per unit of price deviation over the last 3 months. HP exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HP's Information Ratio of (0.11), coefficient of variation of (876.61), and Market Risk Adjusted Performance of (2.99) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0912, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HP's returns are expected to increase less than the market. However, during the bear market, the loss of holding HP is expected to be smaller as well. At this point, HP Inc has a negative expected return of -0.19%. Please make sure to check out HP's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if HP Inc performance from the past will be repeated sooner or later.

Auto-correlation

    
  -0.41  

Modest reverse predictability

HP Inc has modest reverse predictability. Overlapping area represents the amount of predictability between HP time series from 2nd of September 2024 to 1st of December 2024 and 1st of December 2024 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HP Inc price movement. The serial correlation of -0.41 indicates that just about 41.0% of current HP price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.32
Residual Average0.0
Price Variance1.01

HP Inc lagged returns against current returns

Autocorrelation, which is HP 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 HP's stock expected returns. We can calculate the autocorrelation of HP returns to help us make a trade decision. For example, suppose you find that HP 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  

HP 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 HP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HP stock over time.
   Current vs Lagged Prices   
       Timeline  

HP Lagged Returns

When evaluating HP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HP stock have on its future price. HP 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, HP autocorrelation shows the relationship between HP stock current value and its past values and can show if there is a momentum factor associated with investing in HP Inc.
   Regressed Prices   
       Timeline  

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Additional Information and Resources on Investing in HP Stock

When determining whether HP Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Hp Inc Stock. Highlighted below are key reports to facilitate an investment decision about Hp Inc Stock:
Check out HP Correlation, HP Volatility and HP Alpha and Beta module to complement your research on HP.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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...