Home Depot Total Risk Alpha

The Home Depot Inc -- USA Stock  

USD 171.08  0.63  0.37%

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The Home Depot Inc has current Total Risk Alpha of 0.1181. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Home Depot 
Total Risk Alpha 
 = 
RFR + (ER[b] - ER[a]) 
x  
STD[a] / STD[b] 
 = 
0.1181
ER[a] =   Expected return on investing in Home Depot
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Home Depot
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

The Home Depot Inc is rated # 4 in total risk alpha category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  26.93  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for The Home Depot Inc is roughly  26.93 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare Home Depot to competition
The Home Depot, Inc. operates as a home improvement retailer. more
NameThe Home Depot Inc
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock Stocks Directory
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00354950.0
ISINUS4370761029
CUSIP437076102
CurrencyUSD - US Dollar