Home Depot (Brazil) Today
| HOME34 Stock | BRL 62.26 0.06 0.1% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Home Depot is trading at 62.26 as of the 18th of April 2024, a 0.1 percent increase since the beginning of the trading day. The stock's open price was 62.2. Home Depot has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for The Home Depot are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
The Home Depot, Inc. operates as a home improvement retailer. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia. HOME DEPOT operates under Home Improvement Stores classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 400000 people. The company has 28.54 B outstanding shares. More on The Home Depot
Moving against Home Stock
| 0.67 | AAPL34 | Apple Inc | PairCorr |
Follow Valuation Odds of Bankruptcy
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Home Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Home Depot's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Home Depot or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Craig Menear |
| Thematic Idea | Furniture (View all Themes) |
| Business Concentration | Furniture, Home Improvement Stores, Consumer Cyclical (View all Sectors) |
The Home Depot (HOME34) is traded on Sao Paulo Exchange in Brazil and employs 500,000 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 1.71 T. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Home Depot's market, we take the total number of its shares issued and multiply it by Home Depot's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Home Depot operates under Consumer Cyclical sector and is part of Home Improvement Stores industry. The entity has 28.54 B outstanding shares.
The Home Depot has accumulated about 1.88 B in cash with 16.57 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71.
Check Home Depot Probability Of Bankruptcy
Home Stock Price Odds Analysis
What are Home Depot's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Home Depot jumping above the current price in 90 days from now is about 87.54%. The The Home Depot probability density function shows the probability of Home Depot stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Home Depot has a beta of 0.5171. This usually indicates as returns on the market go up, Home Depot average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Home Depot will be expected to be much smaller as well. Additionally, the Home Depot has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Home Depot to move above the current price in 90 days from now is about 87.54 (This The Home Depot probability density function shows the probability of Home Stock to fall within a particular range of prices over 90 days) .
Home Depot Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Home Depot market risk premium is the additional return an investor will receive from holding Home Depot long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Home Depot. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Home Depot's alpha and beta are two of the key measurements used to evaluate Home Depot's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8738 | |||
| Semi Deviation | 0.9919 | |||
| Standard Deviation | 1.12 | |||
| Variance | 1.26 |
Home Stock Against Markets
Picking the right benchmark for Home Depot stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Home Depot stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Home Depot is critical whether you are bullish or bearish towards The Home Depot at a given time. Please also check how Home Depot's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Home Depot without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Home Depot Corporate Directors
Home Depot corporate directors refer to members of a Home Depot board of directors. The board of directors generally takes responsibility for the Home Depot's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Home Depot's board members must vote for the resolution. The Home Depot board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ari Bousbib | Independent Director | Profile | |
| Greg Brenneman | Lead Independent Director | Profile | |
| Gerard Arpey | Director | Profile | |
| Gregory Brenneman | Lead Independent Director | Profile |
How to buy Home Stock?
Before investing in Home Depot, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Home Depot. To buy Home Depot stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Home Depot. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Home Depot stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located The Home Depot stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased The Home Depot stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The Home Depot, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in The Home Depot?
The danger of trading The Home Depot is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Home Depot is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Home Depot. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Home Depot is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in The 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 nation. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Home Stock analysis
When running Home Depot's price analysis, check to measure Home Depot's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Home Depot is operating at the current time. Most of Home Depot's value examination focuses on studying past and present price action to predict the probability of Home Depot's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Depot's price. Additionally, you may evaluate how the addition of Home Depot to your portfolios can decrease your overall portfolio volatility.
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