Hewlett Packard Enterprise Stock Price on May 6, 2024
| HPE Stock | USD 19.59 0.11 0.56% |
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 19.59, as last reported on the 6th of June, with the highest price reaching 20.04 and the lowest price hitting 19.09 during the day.
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.
IPO Date 19th of October 2015 | 200 Day MA 16.6842 | 50 Day MA 17.5312 | Beta 1.217 |
Hewlett |
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 |
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Hewlett Packard Valuation on May 6, 2024
It is possible to determine the worth of Hewlett Packard on a given historical date. On May 6, 2024 Hewlett was worth 17.02 at the beginning of the trading date compared to the closed value of 17.16. 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 | |
| 16.74 | 16.87 | 16.61 | 16.86 | 7,951,527 | |
05/06/2024 | 17.02 | 17.20 | 16.95 | 17.16 | 9,233,658 |
| 17.20 | 17.23 | 16.80 | 16.86 | 8,273,368 |
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Hewlett Packard Trading Date Momentum on May 6, 2024
| On May 07 2024 Hewlett Packard Enterprise was traded for 16.86 at the closing time. Highest Hewlett Packard's price during the trading hours was 17.23 and the lowest price during the day was 16.80 . The net volume was 8.3 M. The overall trading history on the 7th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.75% . The trading delta at closing time to current price is 4.78% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.3 B | |
| Net Income Applicable To Common Shares | 1.8 B | 1.4 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.
Price Boundaries
Hewlett Packard Period Price Range
Low | May 6, 2024
| High |
17.02 | 17.16 |
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
| Accumulation Distribution | 134210.0 | |||
| Daily Balance Of Power | 0.56 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 17.08 | |||
| Day Typical Price | 17.1 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | 2.43 |
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.
| Risk Adjusted Performance | 0.0727 | |||
| Jensen Alpha | 0.2062 | |||
| Total Risk Alpha | 0.1576 | |||
| Sortino Ratio | 0.1054 | |||
| Treynor Ratio | 0.3586 |
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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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