As of 19 of October Home Depot retains Downside Deviation of 1.39, Market Risk Adjusted Performance of 0.1806 and Risk Adjusted Performance of 0.1366. Home Depot technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Home Depot which can be compared to its competitors. Please check out Home Depot Maximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Home Depot is priced fairly providing market reflects its last-minute price of 237.93 per share. Given that Home Depot has Jensen Alpha of 0.1944, we strongly advise you confirm Home Depot regular market performance to make sure the company can sustain itself at future point.
Home Depot current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Home Depot Analyst Advice|
|Horizon||30 Days Login to change|
Home Depot Technical Analysis
Home Depot Trend AnalysisUse this graph to draw trend lines for Home Depot. You can use it to identify possible trend reversals for Home Depot as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Home Depot price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Home Depot Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Home Depot applied against its price change over selected period. The best fit line has a slop of 0.50 which suggests that Home Depot will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 9501.74, which is the sum of squared deviations for the predicted Home Depot price change compared to its average price change.
Home Depot October 19, 2019 Technical Indicators
|Risk Adjusted Performance||0.1366|
|Market Risk Adjusted Performance||0.1806|
|Coefficient Of Variation||728.0|
|Total Risk Alpha||0.2047|
|Value At Risk||(1.69)|
|Expected Short fall||(0.92)|
Home Depot October 19, 2019 Daily Price Condition