|Horizon||30 Days Login to change|
Home Depot Market Sensitivity
Home Depot Technical Analysis
Home Depot Projected Return Density Against MarketAllowing for the 30-days total investment horizon, Home Depot has beta of 0.8236 . This indicates as returns on market go up, Home Depot average returns are expected to increase less than the benchmark. However during bear market, the loss on holding The Home Depot will be expected to be much smaller as well. Additionally, The Home Depot has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Home Depot Return VolatilityThe Home Depot accepts 1.803% volatility on return distribution over the 30 days horizon. DOW inherits 1.3105% risk (volatility on return distribution) over the 30 days horizon.