The best indicator for HP Inc. (HPQ)
We backtested 366 indicators across daily, weekly and hourly charts on real HP Inc. (HPQ) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for HP Inc. (HPQ) over ~64.7 years — trailing buy-and-hold by 1.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for HP Inc. (HPQ) — trailing buy-and-hold by 4.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | CCI Trend ✓ | Weekly | 9.4% | 0.49 | -46.0% | 46.2% | 145 | -1.3% |
| 2 | SMA 15/60 Cross ✓ | Weekly | 9.8% | 0.49 | -60.5% | 58.6% | 29 | -0.9% |
| 3 | WMA 20/80 Cross ✓ | Weekly | 9.6% | 0.49 | -60.7% | 59.3% | 27 | -1.1% |
| 4 | DeMarker (14) ✓ | Weekly | 9.3% | 0.49 | -54.5% | 51.0% | 147 | -1.3% |
| 5 | SMA 20/50 Cross ✓ | Weekly | 9.5% | 0.48 | -57.9% | 60.0% | 35 | -1.2% |
| 6 | Price Volume Trend ✓ | Weekly | 9.2% | 0.48 | -58.1% | 45.9% | 157 | -1.4% |
| 7 | McGinley Dynamic ✓ | Weekly | 10.1% | 0.48 | -67.3% | 47.3% | 129 | -0.6% |
| 8 | Parabolic SAR ✓ | Weekly | 8.7% | 0.47 | -54.2% | 52.3% | 155 | -2.0% |
| 9 | Trend Intensity Index ✓ | Weekly | 9.0% | 0.47 | -54.0% | 80.0% | 20 | -1.6% |
| 10 | Donchian 10 Break ✓ | Weekly | 8.8% | 0.47 | -63.1% | 53.8% | 65 | -1.8% |
| 11 | McGinley 200 Trend ✓ | Daily | 10.5% | 0.46 | -82.9% | 27.6% | 29 | -0.1% |
| 12 | EMA 20/50 Cross ✓ | Weekly | 8.9% | 0.46 | -56.1% | 51.9% | 27 | -1.7% |
| 13 | DMI Direction ✓ | Weekly | 8.6% | 0.46 | -51.2% | 45.7% | 140 | -2.1% |
| 14 | EMA 13/48 Cross ✓ | Weekly | 8.8% | 0.46 | -57.1% | 46.9% | 32 | -1.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For HP Inc. (HPQ), CCI Trend on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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