Home Depot Probability of Target Price Finishing Over 180.52

HD -- USA Stock  

USD 199.08  1.67  0.85%

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.
 Time Horizon     30 Days    Login   to change
Refresh Odds

Home Depot Target Price Odds to finish over 180.52

Current PriceHorizonTarget PriceOdds to stay above $ 180.52  in 30 days
 199.08 30 days 180.52  ABOUT 99.0%
Based on normal probability distribution, the odds of Home Depot to stay above $ 180.52  in 30 days from now is about 99.0% (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 $ 180.52  and its current price of $199.08 at the end of the 30-day period is about 77.22%.
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
=6.02
Ir
Information ratio =0.31

Home Depot Alerts

Home Depot Alerts and Suggestions
About 71.0% of the company shares are owned by institutional investors
On May 30, 2018 Home Depot paid $ 1.03 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Carol Tome of 50000 shares of Home Depot subject to Rule 16b-3

Thematic Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Thematic Ideas
Explore Investing Ideas  
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.