Home Depot Price Prediction and Hype Density Breakdown

HD -- USA Stock  

Fiscal Quarter End: October 31, 2019  

We analyze noise-free headlines and recent hype associated with Home Depot which may create opportunities for some arbitrage if properly timed. With Home Depot hype-based prediction module you can estimate the value of Home Depot from the prospective of Home Depot response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Home Depot over a specific investment horizon. Please also check Home Depot Basic Forecasting Models to cross-verify your projections.
Horizon     30 Days    Login   to change

Home Depot After-Hype Price Density Analysis

 Next price density 
      Expected price to next headline 

Home Depot Estimiated After-Hype Price Volatility

October 19, 2019
235.90
Current Value
231.05
Downside
234.89
After-hype Price
238.73
Upside
Home Depot is very steady asset. Analysis and calculation of next after-hype price of Home Depot is based on 3 months time horizon.

Home Depot Next Price Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.20  1.28% 1.01   0.18  8 Events / Month6 Events / MonthIn about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
235.90234.890.43 
25.35

Home Depot Hype Timeline

As of October 19, 2019 Home Depot is listed for 235.90. The entity has historical hype elasticity of -1.01 and average elasticity to hype of competition of -0.18. Home Depot is suggested to decline in value after the next headline with price expected to drop to 234.89. The average volatility of media hype impact on the company stock price is about 25.35%. The price decline on the next news is expected to be -0.43% where as daily expected return is currently at 0.2%. The volatility of related hype on Home Depot is about 143.82% with expected price after next announcement by competition of 235.72. About 72.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.73. Home Depot recorded earning per share (EPS) of 10.02. The entity last dividend was issued on 2019-09-04. The firm had 3:2 split on 1999-12-31. Allowing for the 30-days total investment horizon, the next suggested press release will be in about 8 days.
Please also check Home Depot Basic Forecasting Models to cross-verify your projections.

Home Depot Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Home Depot(5.05) 8 per month 1.17  0.15  1.89 (1.69)  6.79 
Lumber Liquidators Holdings In 0.11 12 per month 0.00 (0.0094)  8.86 (7.48)  28.04 
Floor Decor Holdings(0.11) 9 per month 2.57  0.07  4.37 (4.59)  26.07 
Haverty Furniture Companies In(0.03) 9 per month 1.49  0.14  3.19 (2.77)  8.20 
Lowes Companies 0.13 10 per month 1.16  0.09  2.42 (2.28)  13.24 
Ford Motor Company(0.11) 7 per month 0.00 (0.06)  2.14 (2.84)  9.03 
Hyatt Hotels Corporation(1.17) 11 per month 0.00 (0.10)  1.86 (2.03)  5.29 
Macys(0.21) 9 per month 0.00 (0.15)  3.61 (4.77)  16.10 
DHX Media Ltd(0.02) 9 per month 3.70  0.0233  7.26 (5.56)  18.79 
Daily Journal Corp(2.44) 10 per month 1.59  0.14  4.37 (3.35)  10.82 
Please also check Home Depot Basic Forecasting Models to cross-verify your projections. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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