|The Home Depot Inc -- USA Stock|| |
USD 184.69 2.28 1.22%
Macroaxis gives Home Depot performance score of 0 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.1773 which attests that as returns on market increase, returns on owning Home Depot are expected to decrease at a much smaller rate. During bear market, Home Depot is likely to outperform the market.. Even though it is essential to pay attention to The 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
. The Home Depot exposes twenty-one different technical indicators which can help you to evaluate its performance. The Home Depot
has expected return of -0.2448%. Please be advised to check out Home Depot Coefficient Of Variation
, Maximum Drawdown
, as well as the relationship
between Information Ratio
and Downside Variance
to decide if The Home Depot
past performance will be repeated at some point in the near future.
The Home Depot Relative Risk vs. Return Landscape
If you would invest 19,833
in The Home Depot Inc on January 18, 2018
and sell it today you would lose (1,136)
from holding The Home Depot Inc or give up 5.73%
of portfolio value over 30
days. The Home Depot Inc is generating negative expected returns and assumes 2.1743% volatility on return distribution over the 30 days horizon. Put differently, 20% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% 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 under-perform the market. In addition to that, the company is 1.27 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.
Based on recorded statements The Home Depot Inc has Operating Margin of 16.58%. This is 417.02% lower than that of the Services sector, and significantly higher than that of Diversified Wholesale And Retail
industry, The Operating Margin for all stocks is 251.97% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Home Depot Daily Price Distribution
The median price of Home Depot for the period between Thu, Jan 18, 2018 and Sat, Feb 17, 2018 is 198.33 with a coefficient of variation of 4.78. The daily time series for the period is distributed with a sample standard deviation of 9.3, arithmetic mean of 194.77, and mean deviation of 8.45. The Stock received some media coverage during the period.