Hewlett Packard Enterprise Stock Price on April 16, 2024

HPE Stock  USD 19.48  1.88  10.68%   
Below is the normalized historical share price chart for Hewlett Packard Enterprise extending back to October 19, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hewlett Packard stands at 19.48, as last reported on the 6th of June, with the highest price reaching 19.48 and the lowest price hitting 19.48 during the day.
IPO Date
19th of October 2015
200 Day MA
16.6842
50 Day MA
17.5312
Beta
1.217
 
Yuan Drop
 
Covid
If you're considering investing in Hewlett Stock, it is important to understand the factors that can impact its price. We consider Hewlett Packard very steady. Hewlett Packard Ente holds Efficiency (Sharpe) Ratio of 0.078, which attests that the entity had a 0.078% 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 0.3686, risk adjusted performance of 0.0727, and Downside Deviation of 1.89 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At present, Hewlett Packard's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 26.1 B, whereas Common Stock is forecasted to decline to about 11.1 M. . At present, Hewlett Packard's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 4.78, whereas Price Book Value Ratio is forecasted to decline to 0.66. Hewlett Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.078

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Hewlett Packard is performing at about 6% 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 Hewlett Packard by adding it to a well-diversified portfolio.
Price Book
1.0573
Enterprise Value Ebitda
6.4329
Price Sales
0.8063
Shares Float
1.3 B
Dividend Share
0.49

Related Headline

Extreme Networks Headline on 16th of April 2024

Filed transaction by Extreme Networks Officer Chief Legal Admin Sust Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Hewlett Packard Valuation on April 16, 2024

It is possible to determine the worth of Hewlett Packard on a given historical date. On April 16, 2024 Hewlett was worth 17.33 at the beginning of the trading date compared to the closed value of 17.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hewlett Packard stock. Still, in general, we apply an absolute valuation method to find Hewlett Packard'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 Hewlett Packard where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hewlett Packard's related companies.
 Open High Low Close Volume
  17.70    17.81    17.20    17.26    17,413,758  
04/16/2024
  17.33    17.38    16.91    17.14    11,214,438  
  17.25    17.49    17.01    17.03    11,256,026  
Backtest Hewlett Packard  |  Hewlett Packard History  |  Hewlett Packard Valuation   PreviousNext  
Open Value
17.33
17.14
Closing Value
23.39
Upside

Hewlett Packard Trading Date Momentum on April 16, 2024

On April 17 2024 Hewlett Packard Enterprise was traded for  17.03  at the closing time. Highest Hewlett Packard's price during the trading hours was 17.49  and the lowest price during the day was  17.01 . The net volume was 11.3 M. The overall trading history on the 17th of April 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.64% . The trading delta at closing time to current price is 0.82% .

Hewlett Packard Ente Fundamentals Correlations and Trends

By evaluating Hewlett Packard'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 Hewlett Packard's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hewlett financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hewlett Packard Stock history

Hewlett Packard 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 Hewlett is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hewlett Packard Ente 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 Hewlett Packard stock prices may prove useful in developing a viable investing in Hewlett Packard
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.2 B1.3 B
Net Income Applicable To Common Shares1.8 B1.4 B

Hewlett Packard Stock Technical Analysis

Hewlett Packard 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 Hewlett Packard technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hewlett Packard 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...

Price Boundaries

Hewlett Packard Period Price Range

Low
April 16, 2024
-0.19  -1.1%
High

 17.33 

     

 17.14 

Hewlett Packard June 6, 2024 Market Strength

Market strength indicators help investors to evaluate how Hewlett Packard stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hewlett Packard shares will generate the highest return on investment. By undertsting and applying Hewlett Packard stock market strength indicators, traders can identify Hewlett Packard Enterprise entry and exit signals to maximize returns

Hewlett Packard Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hewlett Packard's price direction in advance. Along with the technical and fundamental analysis of Hewlett Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hewlett 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.

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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