We analyze noise-free headlines and recent hype associated with The Home Depot which may create opportunities for some arbitrage if properly timed. With Home Depot hype-based prediction module you can estimate the value of The Home Depot from the prospective of Home Depot response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Home Depot over a specific investment horizon. Please also check Home Depot Basic Forecasting Models to cross-verify your projections.
As of January 18, 2019 Home Depot is listed for 179.21. The entity has historical hype elasticity of 0.35 and average elasticity to hype of competition of 0.06. The Home Depot is suggested to increase in value after the next headline with price going to jump to 180.14. The average volatility of media hype impact on the company stock price is about 51.29%. The price increase on the next news is projected to be 0.19% where as daily expected return is currently at 0.09%. The volatility of related hype on Home Depot is about 313.39% with expected price after next announcement by competition of 179.27. The company generated yearly revenue of 105.6B. Reported Net Income was 10.56B with gross profit of 34.36B. Allowing for the 30-days total investment horizon, the next suggested press release will be in about 9 days. Please also check Home Depot Basic Forecasting Models to cross-verify your projections.