|The Home Depot Inc -- USA Stock|| |
USD 183.52 1.72 0.95%
On a scale of 0 to 100 Home Depot holds performance score of 29. The company retains Market Volatility (i.e. Beta) of 1.2561 which attests that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Home Depot will likely underperform.. Although it is vital to follow to The Home Depot
current price history, it is good to be conservative about what you can actually do with the information regarding 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 0.4637% will be sustainable into the future. Please utilizes Home Depot Coefficient Of Variation
, Maximum Drawdown
, as well as the relationship
between Total Risk Alpha
and Downside Variance
to make a quick decision on weather The Home Depot Inc current trending patterns will revert.
The Home Depot Relative Risk vs. Return Landscape
If you would invest 16,535
in The Home Depot Inc on November 13, 2017
and sell it today you would earn a total of 1,751
from holding The Home Depot Inc or generate 10.59%
return on investment over 30
days. The Home Depot Inc is generating 0.4637% of daily returns and assumes 1.0374% volatility on return distribution over the 30 days horizon. Put differently, 9% of equity instruments are less risky than the company on the bases of their historical return distribution and some 92% 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 2.09 times more return on investment than the market. However, the company is 2.09 times more volatile than its market benchmark. It trades about 0.45 of its potential returns per unit of risk. The DOW is currently generating roughly 0.41 per unit of risk.
Home Depot Daily Price Distribution
The median price of Home Depot for the period between Mon, Nov 13, 2017 and Wed, Dec 13, 2017 is 176.57 with a coefficient of variation of 3.89. The daily time series for the period is distributed with a sample standard deviation of 6.81, arithmetic mean of 175.1, and mean deviation of 6.0. The Stock received some media coverage during the period.