GURUFOCUS.COM » STOCK LIST » Technology » Hardware » HP Inc (NYSE:HPQ) » Definitions » 12-1 Month Momentum %

HP (HPQ) 12-1 Month Momentum %

: 2.01% (As of Today)
View and export this data going back to 1957. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-16), HP's 12-1 Month Momentum % is 2.01%.

The industry rank for HP's 12-1 Month Momentum % or its related term are showing as below:

HPQ's 12-1 Month Momentum % is ranked better than
59.35% of 2428 companies
in the Hardware industry
Industry Median: -5.745 vs HPQ: 2.01

Competitive Comparison

For the Computer Hardware subindustry, HP's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HP 12-1 Month Momentum % Distribution

For the Hardware industry and Technology sector, HP's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where HP's 12-1 Month Momentum % falls into.



HP  (NYSE:HPQ) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HP  (NYSE:HPQ) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


HP 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of HP's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


HP (HPQ) Business Description

Industry
Address
1501 Page Mill Road, Palo Alto, CA, USA, 94304
HP (formerly Hewlett-Packard) is a behemoth in the PC and printing markets. It has focused on these markets since it exited IT infrastructure in 2015 with the split from Hewlett Packard Enterprise. HP focuses on the commercial market, but maintains sales of consumer devices and printers. The firm has a broad and global customer base, with only one third of sales coming from the U.S. It completely outsources manufacturing and relies heavily on channel partners for its sales and marketing.
Executives
Enrique Lores officer: President, PSS 3000 HANOVER STREET, PALO ALTO CA 94304
Alex Cho officer: President, Personal Systems HP, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
David W Meline director 3M COMPANY, 3M OFFICE OF GENERAL COUNSEL, ST PAUL MN 55144-1000
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Marie Myers officer: Global Controller, HFS & PAO 3000 HANOVER STREET, PALO ALTO CA 94304
Subra Suresh director HP, 1501 PAGE MILL RD BLDG 5, PALO ALTO CA 94036
David P. Mcquarrie officer: Chief Commercial Officer C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Shumeet Banerji director C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STREET, PALO ALTO CA 94304
Jonathan P Faust officer: Global Controller C/O HP INC, 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Tuan Tran officer: Pres Imaging Prtng & Solutions 1501 PAGE MILL ROAD, PALO ALTO CA 94304
Julie M Jacobs officer: Chief Legal Officer and GC 22000 AOL WAY, DULLES VA 20166
Kristen M Ludgate officer: Chief People Officer 3M COMPANY OFFICE OF GENERAL COUNSEL, 3M CENTER, ST. PAUL MN 55144-1000
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Judith A Miscik director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265

HP (HPQ) Headlines

From GuruFocus

Q4 2021 HP Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 HP Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 HP Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

HP Inc at JPMorgan CES Tech/Auto Forum Transcript

By GuruFocus Research 01-23-2024

Q2 2022 HP Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

HP Inc at Credit Suisse Technology Conference Transcript

By GuruFocus Research 01-23-2024

HP Inc at UBS Global TMT Conference (Virtual) Transcript

By GuruFocus Research 01-23-2024