Home Depot Stock Performance

HD Stock  USD 332.89  0.06  0.02%   
The company retains a Market Volatility (i.e., Beta) of 1.41, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Home Depot will likely underperform. Home Depot has an expected return of -0.0942%. Please make sure to check out Home Depot skewness, and the relationship between the treynor ratio and daily balance of power , to decide if Home Depot performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Home Depot has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Home Depot is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Actual Historical Performance (%)

One Day Return
0.018
Five Day Return
(3.82)
Year To Date Return
(3.53)
Ten Year Return
327
All Time Return
947.8 K
Forward Dividend Yield
0.027
Payout Ratio
0.5642
Last Split Factor
3:2
Forward Dividend Rate
9
Dividend Date
2024-03-21
 
Home Depot dividend paid on 21st of March 2024
03/21/2024
1
THE HOME DEPOT ANUNCIA AHORROS DE TEMPORADA DURANTE EL BLACK FRIDAY DE PRIMAVERA
04/02/2024
2
More than 8M laundry detergent products recalled
04/05/2024
3
Montgomery County man accused of stealing from Home Depot over 130 times in less than a year
04/09/2024
4
The Home Depot Extends Relationship with Google Cloud to Drive Innovation in Interconnected Retail
04/11/2024
5
Building Dreams The Retool Your School Program And HBCUs
04/12/2024
6
5 Small Appliances You Shouldnt Buy at Home Depot
04/15/2024
7
300,000 worth of stolen LEGO sets seized by authorities
04/16/2024
8
Bemis Assist Premium Toilet Seat Eliminates Need for Wall-Mounted Rails
04/17/2024
Begin Period Cash Flow2.8 B
  

Home Depot Relative Risk vs. Return Landscape

If you would invest  35,457  in Home Depot on January 20, 2024 and sell it today you would lose (2,168) from holding Home Depot or give up 6.11% of portfolio value over 90 days. Home Depot is generating negative expected returns and assumes 1.2311% volatility on return distribution over the 90 days horizon. Put differently, 10% of stocks are less risky than Home on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Expected Return   
       Risk  
Allowing for the 90-day total investment horizon Home Depot is expected to under-perform the market. In addition to that, the company is 1.98 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.1 per unit of volatility.

Home Depot Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Home Depot's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Home Depot, and traders can use it to determine the average amount a Home Depot's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0765

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Negative ReturnsHD

Estimated Market Risk

 1.23
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Home Depot is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Home Depot by adding Home Depot to a well-diversified portfolio.

Home Depot Fundamentals Growth

Home Stock prices reflect investors' perceptions of the future prospects and financial health of Home Depot, and Home Depot fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Home Stock performance.

About Home Depot Performance

To evaluate Home Depot Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Home Depot generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Home Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Home Depot market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Home's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 73.35  69.55 
Return On Tangible Assets 0.23  0.20 
Return On Capital Employed 0.40  0.39 
Return On Assets 0.20  0.18 
Return On Equity 14.50  3.90 

Things to note about Home Depot performance evaluation

Checking the ongoing alerts about Home Depot for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Home Depot help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Home Depot generated a negative expected return over the last 90 days
Home Depot has a poor financial position based on the latest SEC disclosures
About 72.0% of the company shares are owned by institutional investors
On 21st of March 2024 Home Depot paid $ 2.25 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Bemis Assist Premium Toilet Seat Eliminates Need for Wall-Mounted Rails
Evaluating Home Depot's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Home Depot's stock performance include:
  • Analyzing Home Depot's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Home Depot's stock is overvalued or undervalued compared to its peers.
  • Examining Home Depot's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Home Depot's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Home Depot's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Home Depot's stock. These opinions can provide insight into Home Depot's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Home Depot's stock performance is not an exact science, and many factors can impact Home Depot's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Home Depot is a strong investment it is important to analyze Home Depot's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Home Depot's future performance. For an informed investment choice regarding Home Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Home Depot. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Home Stock refer to our How to Trade Home Stock guide.
Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
8.52
Earnings Share
15.11
Revenue Per Share
152.822
Quarterly Revenue Growth
(0.03)
The market value of Home Depot is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Depot is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.