Home Depot Technical Analysis

The Home Depot Inc -- USA Stock  

USD 184.73  2.15  1.18%

The Home Depot Inc retains Market Risk Adjusted Performance of 0.3693, Risk Adjusted Performance of 0.2302 and Coefficient Of Variation of 206.34. Home Depot technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found eighteen technical drivers for The Home Depot which can be compared to its competitors. Please check out The Home Depot Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if Home Depot is priced fairly providing market reflects its last-minute price of 184.73 per share. Given that The Home Depot Inc has Treynor Ratio of 0.3593, we strongly advise you confirm The Home Depot regular market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

The Home Depot Trend Analysis

Use this graph to draw trend lines for The Home Depot Inc. You can use it to identify possible trend reversals for Home Depot as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Home Depot price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Home Depot Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Home Depot Inc applied against its price change over selected period. The best fit line has a slop of 0.56 % which suggests that The Home Depot Inc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 259.27, which is the sum of squared deviations for the predicted Home Depot price change compared to its average price change.

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Technical Analysis

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The Home Depot Inc is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about  1.25  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for The Home Depot Inc is roughly  1.25