Hashicorp Stock Price on April 17, 2024
| HCP Stock | USD 32.46 0.13 0.40% |
If you're considering investing in Hashicorp Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hashicorp stands at 32.46, as last reported on the 1st of May, with the highest price reaching 32.60 and the lowest price hitting 32.42 during the day. Hashicorp appears to be not too volatile, given 3 months investment horizon. Hashicorp holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Hashicorp's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Hashicorp's Market Risk Adjusted Performance of 1.3, risk adjusted performance of 0.1075, and Downside Deviation of 2.78 to validate if our risk estimates are consistent with your expectations.
At this time, Hashicorp's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 05/01/2024, Sale Purchase Of Stock is likely to grow to about 18.4 M, while Total Stockholder Equity is likely to drop slightly above 769.7 M. . At this time, Hashicorp's Price Book Value Ratio is relatively stable compared to the past year. As of 05/01/2024, Price Earnings To Growth Ratio is likely to grow to 0.70, though Price To Operating Cash Flows Ratio is likely to grow to (543.28). Hashicorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hashicorp |
Sharpe Ratio = 0.1588
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Estimated Market Risk
| 4.28 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Hashicorp is performing at about 12% 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 Hashicorp by adding it to a well-diversified portfolio.
Price Book 4.0386 | Enterprise Value Ebitda (14.85) | Price Sales 8.4008 | Shares Float 119.4 M | Wall Street Target Price 34.33 |
Hashicorp Valuation on April 17, 2024
It is possible to determine the worth of Hashicorp on a given historical date. On April 17, 2024 Hashicorp was worth 23.7 at the beginning of the trading date compared to the closed value of 23.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hashicorp stock. Still, in general, we apply an absolute valuation method to find Hashicorp'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 Hashicorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hashicorp's related companies.
| Open | High | Low | Close | Volume | |
| 23.16 | 23.74 | 23.00 | 23.66 | 1,452,352 | |
04/17/2024 | 23.70 | 24.23 | 23.50 | 23.53 | 1,211,697 |
| 23.64 | 24.20 | 23.13 | 23.63 | 1,139,367 |
| Backtest Hashicorp | | | Hashicorp History | | | Hashicorp Valuation | Previous | Next |
Hashicorp Trading Date Momentum on April 17, 2024
| On April 18 2024 Hashicorp was traded for 23.63 at the closing time. Highest Hashicorp's price during the trading hours was 24.20 and the lowest price during the day was 23.13 . The net volume was 1.1 M. The overall trading history on the 18th of April 2024 contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 0.42% . The trading delta at closing time to current price is 38.29% . |
Hashicorp Fundamentals Correlations and Trends
By evaluating Hashicorp'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 Hashicorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hashicorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hashicorp Stock history
Hashicorp 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 Hashicorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hashicorp 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 Hashicorp stock prices may prove useful in developing a viable investing in Hashicorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 193.8 M | 202.4 M | |
| Net Loss | -246.9 M | -259.2 M |
Hashicorp Quarterly Net Working Capital |
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Hashicorp Stock Technical Analysis
Hashicorp 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
Hashicorp Period Price Range
Low | April 17, 2024
| High |
23.70 | 23.53 |
Hashicorp May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hashicorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hashicorp shares will generate the highest return on investment. By undertsting and applying Hashicorp stock market strength indicators, traders can identify Hashicorp entry and exit signals to maximize returns
| Accumulation Distribution | 36505.94 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 23.87 | |||
| Day Typical Price | 23.75 | |||
| Price Action Indicator | (0.42) | |||
| Period Momentum Indicator | 8.93 | |||
| Relative Strength Index | 36.85 |
Hashicorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hashicorp's price direction in advance. Along with the technical and fundamental analysis of Hashicorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hashicorp 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 | 0.1075 | |||
| Jensen Alpha | 0.6187 | |||
| Total Risk Alpha | 0.3172 | |||
| Sortino Ratio | 0.2133 | |||
| Treynor Ratio | 1.29 |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hashicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Hashicorp Stock, please use our How to Invest in Hashicorp guide.Note that the Hashicorp information on this page should be used as a complementary analysis to other Hashicorp'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Hashicorp Stock analysis
When running Hashicorp's price analysis, check to measure Hashicorp'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 Hashicorp is operating at the current time. Most of Hashicorp's value examination focuses on studying past and present price action to predict the probability of Hashicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hashicorp's price. Additionally, you may evaluate how the addition of Hashicorp to your portfolios can decrease your overall portfolio volatility.
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Is Hashicorp'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 Hashicorp. If investors know Hashicorp 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 Hashicorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.98) | Revenue Per Share 3.009 | Quarterly Revenue Growth 0.147 | Return On Assets (0.09) | Return On Equity (0.16) |
The market value of Hashicorp is measured differently than its book value, which is the value of Hashicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Hashicorp's value that differs from its market value or its book value, called intrinsic value, which is Hashicorp'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 Hashicorp's market value can be influenced by many factors that don't directly affect Hashicorp'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 Hashicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hashicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hashicorp'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.