Hewlett Packard (Brazil) Probability of Future Stock Price Finishing Under 145.2
| HPQB34 Stock | BRL 142.90 3.40 2.32% |
Hewlett |
Hewlett Packard Target Price Odds to finish below 145.2
The tendency of Hewlett Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under R$ 145.20 after 90 days |
| 142.90 | 90 days | 145.20 | about 44.9 |
Based on a normal probability distribution, the odds of Hewlett Packard to stay under R$ 145.20 after 90 days from now is about 44.9 (This Hewlett Packard Co probability density function shows the probability of Hewlett Stock to fall within a particular range of prices over 90 days) . Probability of Hewlett Packard price to stay between its current price of R$ 142.90 and R$ 145.20 at the end of the 90-day period is about 20.62 .
Assuming the 90 days trading horizon Hewlett Packard Co has a beta of -0.13. This usually indicates as returns on the benchmark increase, returns on holding Hewlett Packard are expected to decrease at a much lower rate. During a bear market, however, Hewlett Packard Co is likely to outperform the market. Additionally Hewlett Packard Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Hewlett Packard Price Density |
| Price |
Predictive Modules for Hewlett Packard
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hewlett Packard. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hewlett Packard is not an exception. The market had few large corrections towards the Hewlett Packard's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hewlett Packard Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hewlett Packard within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.03 | |
β | Beta against NYSE Composite | -0.13 | |
σ | Overall volatility | 4.06 | |
Ir | Information ratio | -0.07 |
Hewlett Packard Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hewlett Packard for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hewlett Packard can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has accumulated 10.8 B in total debt with debt to equity ratio (D/E) of 0.93, which is about average as compared to similar companies. Hewlett Packard has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hewlett Packard until it has trouble settling it off, either with new capital or with free cash flow. So, Hewlett Packard'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 Hewlett Packard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hewlett to invest in growth at high rates of return. When we think about Hewlett Packard's use of debt, we should always consider it together with cash and equity. |
Hewlett Packard Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hewlett Stock often depends not only on the future outlook of the current and potential Hewlett Packard's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hewlett Packard's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1 B |
Hewlett Packard Technical Analysis
Hewlett Packard's future price can be derived by breaking down and analyzing its technical indicators over time. Hewlett Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hewlett Packard Co. In general, you should focus on analyzing Hewlett Stock price patterns and their correlations with different microeconomic environments and drivers.
Hewlett Packard Predictive Forecast Models
Hewlett Packard's time-series forecasting models is one of many Hewlett Packard's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hewlett Packard's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hewlett Packard
Checking the ongoing alerts about Hewlett Packard for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hewlett Packard help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has accumulated 10.8 B in total debt with debt to equity ratio (D/E) of 0.93, which is about average as compared to similar companies. Hewlett Packard has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hewlett Packard until it has trouble settling it off, either with new capital or with free cash flow. So, Hewlett Packard'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 Hewlett Packard sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hewlett to invest in growth at high rates of return. When we think about Hewlett Packard's use of debt, we should always consider it together with cash and equity. |
Check out Hewlett Packard Backtesting, Hewlett Packard Valuation, Hewlett Packard Correlation, Hewlett Packard Hype Analysis, Hewlett Packard Volatility, Hewlett Packard History as well as Hewlett Packard Performance. Note that the Hewlett Packard information on this page should be used as a complementary analysis to other Hewlett Packard'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 the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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