|The Home Depot Inc -- USA Stock|| |
USD 163.45 0.1 0.06%
Home Depot has performance score of 26 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of 0.1375 which attests that as returns on market increase, Home Depot returns are expected to increase less than the market. However during bear market, the loss on holding Home Depot will be expected to be smaller as well.. Although it is extremely important to respect The Home Depot
current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating The Home Depot technical indicators
you can presently evaluate if the expected return of 0.1577% will be sustainable into the future. The Home Depot
right now retains a risk of 0.401%. Please check out Home Depot Standard Deviation
, Value At Risk
, as well as the relationship
between Jensen Alpha
and Semi Variance
to decide if Home Depot will be following its current trending patternss.
Relative Risk vs. Return Landscape
If you would invest 15,766
in The Home Depot Inc on September 19, 2017
and sell it today you would earn a total of 579
from holding The Home Depot Inc or generate 3.67%
return on investment over 30
days. The Home Depot Inc is generating 0.1577% of daily returns and assumes 0.401% volatility on return distribution over the 30 days horizon. Put differently, 3% of equity instruments are less risky than the company on the bases of their historical return distribution and some 97% of equities are expected to be superior in generating returns on investments over the next 30 days.
Daily Expected Return (%)
Allowing for the 30-days total investment horizon, The Home Depot Inc is expected to generate 1.74 times more return on investment than the market. However, the company is 1.74 times more volatile than its market benchmark. It trades about 0.39 of its potential returns per unit of risk. The DOW is currently generating roughly 0.55 per unit of risk.
Home Depot Daily Price Distribution
The median price of Home Depot for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 164.02 with a coefficient of variation of 1.55. The daily time series for the period is distributed with a sample standard deviation of 2.53, arithmetic mean of 163.06, and mean deviation of 2.12. The Stock received some media coverage during the period.