Home Depot Stock Performance
HD Stock | USD 339.00 2.89 0.86% |
The company retains a Market Volatility (i.e., Beta) of 1.41, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Home Depot will likely underperform. Home Depot has an expected return of -0.0391%. Please make sure to check out Home Depot skewness, and the relationship between the treynor ratio and daily balance of power , to decide if Home Depot performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Home Depot has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Home Depot is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.93 | Five Day Return 1.07 | Year To Date Return (1.69) | Ten Year Return 332.04 | All Time Return 965.9 K |
Forward Dividend Yield 0.0268 | Payout Ratio 0.5642 | Last Split Factor 3:2 | Forward Dividend Rate 9 | Dividend Date 2024-03-21 |
Home Depot dividend paid on 21st of March 2024 | 03/21/2024 |
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7 | Heres How Much 1000 Invested In Home Depot 15 Years Ago Would Be Worth Today | 04/19/2024 |
Begin Period Cash Flow | 2.8 B |
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Home Depot Relative Risk vs. Return Landscape
If you would invest 34,888 in Home Depot on January 25, 2024 and sell it today you would lose (988.00) from holding Home Depot or give up 2.83% of portfolio value over 90 days. Home Depot is generating negative expected returns and assumes 1.2104% volatility on return distribution over the 90 days horizon. Put differently, 10% of stocks are less risky than Home on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
Risk |
Home Depot Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Home Depot's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Home Depot, and traders can use it to determine the average amount a Home Depot's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0323
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Negative Returns | HD |
Estimated Market Risk
1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Home Depot is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Home Depot by adding Home Depot to a well-diversified portfolio.
Home Depot Fundamentals Growth
Home Stock prices reflect investors' perceptions of the future prospects and financial health of Home Depot, and Home Depot fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Home Stock performance.
Return On Equity | 0.12 | ||||
Return On Asset | 0.18 | ||||
Profit Margin | 0.1 % | ||||
Operating Margin | 0.12 % | ||||
Current Valuation | 382.43 B | ||||
Shares Outstanding | 991.03 M | ||||
Price To Earning | 19.67 X | ||||
Price To Book | 325.47 X | ||||
Price To Sales | 2.23 X | ||||
Revenue | 152.67 B | ||||
Gross Profit | 52.78 B | ||||
EBITDA | 24.94 B | ||||
Net Income | 15.14 B | ||||
Cash And Equivalents | 2.76 B | ||||
Cash Per Share | 2.42 X | ||||
Total Debt | 52.24 B | ||||
Current Ratio | 1.39 X | ||||
Book Value Per Share | 1.05 X | ||||
Cash Flow From Operations | 21.17 B | ||||
Earnings Per Share | 15.12 X | ||||
Market Capitalization | 333.1 B | ||||
Total Asset | 76.53 B | ||||
Retained Earnings | 83.66 B | ||||
Working Capital | 7.76 B | ||||
Current Asset | 16.48 B | ||||
Current Liabilities | 12.52 B | ||||
About Home Depot Performance
To evaluate Home Depot Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Home Depot generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Home Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Home Depot market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Home's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 73.35 | 69.55 | |
Return On Tangible Assets | 0.23 | 0.20 | |
Return On Capital Employed | 0.40 | 0.39 | |
Return On Assets | 0.20 | 0.18 | |
Return On Equity | 14.50 | 3.90 |
Things to note about Home Depot performance evaluation
Checking the ongoing alerts about Home Depot for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Home Depot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Home Depot generated a negative expected return over the last 90 days | |
Home Depot has a poor financial position based on the latest SEC disclosures | |
About 73.0% of the company shares are owned by institutional investors | |
On 21st of March 2024 Home Depot paid $ 2.25 per share dividend to its current shareholders | |
Latest headline from benzinga.com: Heres How Much 1000 Invested In Home Depot 15 Years Ago Would Be Worth Today |
- Analyzing Home Depot's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Home Depot's stock is overvalued or undervalued compared to its peers.
- Examining Home Depot's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Home Depot's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Home Depot's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Home Depot's stock. These opinions can provide insight into Home Depot's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Home Stock analysis
When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Dividend Share 8.52 | Earnings Share 15.12 | Revenue Per Share 152.822 | Quarterly Revenue Growth (0.03) |
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.