Home Depot Alpha and Beta Analysis

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HD -- USA Stock  

Fiscal Quarter End: 31st of July 2020  

This module allows you to check different measures of market premium (i.e. an alpha and beta) for all equities including Home Depot, as well as systematic risk associated with investing in Home Depot over a specified time horizon. Please check Home Depot Backtesting, Home Depot Valuation, Home Depot Correlation, Home Depot Hype Analysis, Home Depot Volatility, Home Depot History and analyze Home Depot Performance.

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Please note that although Home Depot alpha is a measure of relative return and represented here as a single number, it actually indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Home Depot did 0.08  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Home Depot relative risk over its benchmark. Home Depot has beta of 1.09  . Home Depot returns are very sensitive to returns on the market. As market goes up or down, Home Depot is expected to follow.
Home Depot Price to Book Value is expected to significantly decrease based on the last few years of reporting. The last year's Price to Book Value was at -79.85. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt benchmark. The goal is to know if an investor is being compensated for the volatility risk taken.The return on investment might be better than a benchmark but still not compensate for the assumption of the volatility risk.

  Home Depot Quarterly Book Value per Share

Home Depot Market Premiums

α0.08   β1.09
30 days against DJI

Home Depot expected buy-and-hold returns

Home Depot Market Price Analysis

Home Depot Return and Market Media

The median price of Home Depot for the period between Sat, Feb 29, 2020 and Fri, May 29, 2020 is 212.89 with a coefficient of variation of 11.72. The daily time series for the period is distributed with a sample standard deviation of 24.73, arithmetic mean of 211.02, and mean deviation of 20.62. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Exercise or conversion by Vanwoerkom Jack of 25938 shares of...03/05/2020
2
Acquisition by Fernandez Frank L of 50000 shares of Home Dep...03/06/2020
3
Exercise or conversion by William Lennie of 4848 shares of H...03/09/2020
4
Acquisition by Johnston Lawrence R of tradable shares of Hom...03/12/2020
5
Acquisition by Craig Menear of 843 shares of Home Depot subj...03/16/2020
6
Sale by Craig Menear of 54653 shares of Home Depot03/19/2020
7
Exercise or conversion by Edward Decker of 22908 shares of H...03/20/2020
8
Payment of 1295 shares by Edward Decker of Home Depot subjec...03/24/2020
9
Exercise or conversion by Craig Menear of 11781 shares of Ho...03/25/2020
10
Payment of 1010 shares by Carey Matt of Home Depot subject t...03/26/2020
11
Acquisition by Richard McPhail of 11217 shares of Home Depot...03/27/2020
12
Financial Statements03/30/2020
13
Payment of 3245 shares by Timothy Crow of Home Depot subject...03/31/2020
14
Purchase by Batchelder David H of 247301 shares of Home Depo...04/01/2020
15
Acquisition by Johnston Lawrence R of tradable shares of Hom...04/02/2020
16
Acquisition by Ackerman F Duane of 1725 shares of Home Depot...04/03/2020
17
Acquisition by Craig Menear of 1123 shares of Home Depot sub...04/07/2020
18
Exercise or conversion by Carol Tome of 30000 shares of Home...04/13/2020
19
Acquisition by Brown Richard H of 246 shares of Home Depot s...04/14/2020
20
Home Depot exotic insider transaction detected04/16/2020
21
Acquisition by Greg Brenneman of tradable shares of Home Dep...04/17/2020
22
Acquisition by Nardelli Robert L of tradable shares of Home ...04/20/2020
23
Home Depot exotic insider transaction detected04/21/2020
24
Acquisition by Greg Brenneman of tradable shares of Home Dep...04/23/2020
25
Acquisition by William Lennie of 11497 shares of Home Depot ...04/24/2020
26
Sale by Carol Tome of 100 shares of Home Depot04/27/2020
27
Home Depot Stock Moves -0.04 percent What You Should Know - ...04/28/2020
28
Exercise or conversion by Teresa Roseborough of 5225 shares ...04/29/2020
29
Apple borrows 8.5 billion, joins record corporate debt borro...05/04/2020
30
Home Depot exotic insider transaction detected05/05/2020
31
Acquisition by Clendenin John L of tradable shares of Home D...05/06/2020
32
Acquisition by Johnston Lawrence R of tradable shares of Hom...05/07/2020
33
Sale by Cox Berry R of 3100 shares of Home Depot05/08/2020
34
Payment of 5877 shares by Verschuren Annette M of Home Depot...05/12/2020
35
Why To Keep Buying The Home Depot Inc. while SP500 loss -1.9...05/13/2020
36
Acquisition by Vanwoerkom Jack of 813 shares of Home Depot s...05/14/2020
37
Financial Statements05/19/2020
38
Walmart Just Did Something That Amazon, Home Depot, and Targ...05/20/2020
39
Acquisition by Edward Decker of 330 shares of Home Depot sub...05/21/2020
40
Exercise or conversion by TIMOTHY HOURIGAN of 19054 shares o...05/22/2020
41
Acquisition by Stephanie Linnartz of 208 shares of Home Depo...05/26/2020
42
Sale by Donovan Dennis M of 13162 shares of Home Depot05/28/2020

About Home Depot Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Home Depot has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page