Home Depot Cdr Stock Price on March 2, 2023
HD Stock | 25.31 0.03 0.12% |
If you're considering investing in HOME Stock, it is important to understand the factors that can impact its price. As of today, the current price of HOME DEPOT stands at 25.31, as last reported on the 30th of December, with the highest price reaching 25.37 and the lowest price hitting 25.19 during the day. HOME DEPOT CDR holds Efficiency (Sharpe) Ratio of -0.0428, which attests that the entity had a -0.0428% return per unit of risk over the last 3 months. HOME DEPOT CDR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HOME DEPOT's Coefficient Of Variation of (2,336), market risk adjusted performance of (0.46), and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
HOME Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HOME |
Sharpe Ratio = -0.0428
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Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 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 Valuation on March 2, 2023
It is possible to determine the worth of HOME DEPOT on a given historical date. On March 2, 2023 HOME was worth 18.15 at the beginning of the trading date compared to the closed value of 18.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HOME DEPOT stock. Still, in general, we apply an absolute valuation method to find HOME DEPOT's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of HOME DEPOT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HOME DEPOT's related companies.
Open | High | Low | Close | Volume | |
18.59 | 18.59 | 18.23 | 18.31 | 24,523 | |
03/02/2023 | 18.15 | 18.44 | 18.15 | 18.44 | 4,469 |
18.64 | 18.80 | 18.62 | 18.80 | 5,882 |
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HOME DEPOT Trading Date Momentum on March 2, 2023
On March 03 2023 HOME DEPOT CDR was traded for 18.80 at the closing time. The maximum traded price for the trading interval was 18.80 and the lowest daily price was 18.62 . The daily volume was recorded at 5.9 K. The volume of trading on 3rd of March 2023 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 1.95% . The trading delta at closing time to the closing price today is 1.90% . |
HOME DEPOT CDR Fundamentals Correlations and Trends
By evaluating HOME DEPOT's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among HOME DEPOT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HOME financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HOME DEPOT Stock history
HOME DEPOT investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for HOME is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HOME DEPOT CDR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing HOME DEPOT stock prices may prove useful in developing a viable investing in HOME DEPOT
HOME DEPOT Stock Technical Analysis
HOME DEPOT technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
HOME DEPOT Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
HOME DEPOT CDR cannot be verified against its exchange. Please verify the symbol is currently traded on NEO Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
HOME DEPOT December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how HOME DEPOT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOME DEPOT shares will generate the highest return on investment. By undertsting and applying HOME DEPOT stock market strength indicators, traders can identify HOME DEPOT CDR entry and exit signals to maximize returns
HOME DEPOT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HOME DEPOT's price direction in advance. Along with the technical and fundamental analysis of HOME Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HOME to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.10) | |||
Treynor Ratio | (0.47) |
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Other Information on Investing in HOME Stock
HOME DEPOT financial ratios help investors to determine whether HOME Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HOME with respect to the benefits of owning HOME DEPOT security.