Home Depot Probability of Target Price Finishing Above 164.11

HD -- USA Stock  

USD 193.29  2.12  1.11%

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 164.11

Current PriceHorizonTarget PriceOdds to drop to $ 164.11  or more in 30 days
 193.29 30 days 164.11  NEAR 1%
Based on normal probability distribution, the odds of Home Depot to drop to $ 164.11  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 $ 164.11  and its current price of $193.29 at the end of the 30-day period is about 7.69%.
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
=7.01
Ir
Information ratio =0.00

Home Depot Alerts

Home Depot Alerts and Suggestions

The Home Depot generates negative expected return over the last 30 days
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 MacroaxisInsider: Acquisition by Blake Francis S of 81219 shares of Home Depot subject to Rule 16b-3

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 Month8.32M
Average Daily Volume Last 10 Day5.09M
Average Daily Volume In Three Month4.1M
Date Short InterestSeptember 28, 2018
Trailing Annual Dividend Yield2.10%
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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