Home Depot Probability of Target Price Finishing Above 155.707

HD -- USA Stock  

USD 207.46  0.53  0.25%

Home Depot probability of target price tool provides mechanism to make assumptions about upside and downside potential of The Home Depot performance during a given time horizon utilizing its historical volatility. Please specify Home Depot time horizon, a valid symbol (red box) and a target price (blue box) you would like Home Depot odds to be computed. Please also check Home Depot Backtesting, Home Depot Valuation, Home Depot Correlation, Home Depot Hype Analysis, Home Depot Volatility, Home Depot History as well as Home Depot Performance.
Horizon     30 Days    Login   to change
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Home Depot Target Price Odds to finish below 155.707

Current PriceHorizonTarget PriceOdds to drop to $ 155.71  or more in 30 days
 207.46 30 days 155.71  NEAR 1%
Based on normal probability distribution, the odds of Home Depot to drop to $ 155.71  or more in 30 days from now is near 1% (This The Home Depot probability density function shows the probability of Home Depot Stock to fall within a particular range of prices over 30 days) . Probability of The Home Depot price to stay between $ 155.71  and its current price of $207.46 at the end of the 30-day period is about 56.65%.
Allowing for the 30-days total investment horizon, Home Depot has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Home Depot are completely uncorrelated. Additionally The Home DepotIt does not look like Home Depot alpha can have any bearing on the equity current valuation.
 Home Depot Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=4.38
Ir
Information ratio =0.00

Home Depot Alerts

Home Depot Alerts and Suggestions

About 71.0% of the company shares are owned by institutional investors
On August 29, 2018 Home Depot paid $ 1.03 per share dividend to its current shareholders
Latest headline from thewellesleysnews.com: Analyst Stock Recommendations For Ternium SA , The Home Depot, Inc.

Price Density Drivers

Home Depot Health Indicators

Shares Percent Shares Out0.73%
Trailing Annual Dividend Rate3.98
Short Percent Of Float0.72%
Float Shares1.14B
Shares Short Prior Month7.09M
Average Daily Volume Last 10 Day3.71M
Average Daily Volume In Three Month3.72M
Date Short InterestAugust 31, 2018
Trailing Annual Dividend Yield1.89%
Please also check Home Depot Backtesting, Home Depot Valuation, Home Depot Correlation, Home Depot Hype Analysis, Home Depot Volatility, Home Depot History as well as Home Depot Performance. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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