With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Home Depot and determine expected loss or profit from investing in Home Depot over given investment horizon. Please also check Home Depot Hype Analysis, Home Depot Correlation, Home Depot Valuation, Home Depot Volatility as well as analyze Home Depot Alpha and Beta and Home Depot Performance.
|Horizon||30 Days Login to change|
Home Depot 'What if' Analysis
October 19, 20180.00
December 18, 20180.00
If you would invest 0.00 in Home Depot on October 19, 2018 and sell it all today you would earn a total of 0.00 from holding The Home Depot or generate 0.0% return on investment in Home Depot over 60 days. Home Depot is related to or competes with Lumber Liquidators, Floor Decor, Haverty Furniture, Lowes Companies, Ford Motor, and Hyatt Hotels. The Home Depot, Inc. operates as a home improvement retailer
Home Depot Upside/Downside Indicators
Home Depot Market Premium Indicators
Home Depot Backtested Returns
Macroaxis considers Home Depot to be not too risky. Home Depot holds Efficiency (Sharpe) Ratio of -0.095 which attests that Home Depot had -0.095% of return per unit of risk over the last 2 months. Macroaxis philosophy towards determining risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Home Depot exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Home Depot Market Risk Adjusted Performance of
(0.28) and Risk Adjusted Performance of (0.21) to validate risk estimate we provide. Macroaxis gives Home Depot performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.9925 which attests that Home Depot returns are very sensitive to returns on the market. as market goes up or down, Home Depot is expected to follow.. Even though it is essential to pay attention to Home Depot current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Home Depot exposes twenty-one different technical indicators which can help you to evaluate its performance. Home Depot has expected return of -0.1573%. Please be advised to check out Home Depot Coefficient Of Variation, Maximum Drawdown, Skewness, as well as the relationship between Information Ratio and Downside Variance to decide if Home Depot past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.15)|
|Spearman Rank Test||0.2|
Home Depot lagged returns against current returns
Current and Lagged Values
Home Depot regressed lagged prices vs. current prices
Current vs Lagged Prices
Home Depot Lagged Returns
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Home Depot Hype Analysis, Home Depot Correlation, Home Depot Valuation, Home Depot Volatility as well as analyze Home Depot Alpha and Beta and Home Depot Performance. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.