Home Depot Average Assets vs Average Equity Analysis

HD -- USA Stock  

USD 192.47  0.28  0.15%

Home Depot financial indicator trend analysis is much more than just examining The Home Depot latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether The Home Depot is a good investment. Please check the relationship between Home Depot Average Assets and its Average Equity accounts. Please also check Risk vs Return Analysis.

Average Assets vs Average Equity

Accounts Relationship

Average Assets vs Average Equity

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of The Home Depot Average Assets account and Average Equity

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from Total Assets.

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Did you try this?

Run Financial Widgets Now

   

Financial Widgets

Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
All  Next Launch Financial Widgets

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please also check Risk vs Return Analysis. Please also try Portfolio Quick Import module to import or update all your transactions via one easy-to-use interface.
Search macroaxis.com