Home Competitors
| HD Stock | USD 393.26 0.00 0.00% |
Home Depot vs Booking Holdings Correlation
Very good diversification
The correlation between The Home Depot and BKNG is -0.39 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Home Depot and BKNG in the same portfolio, assuming nothing else is changed.
Moving together with Home Stock
| 0.68 | FND | Floor Decor Holdings Earnings Call This Week | PairCorr |
| 0.79 | LOW | Lowes Companies | PairCorr |
| 0.88 | HD | HOME DEPOT CDR | PairCorr |
| 0.69 | 25F | Haverty Furniture | PairCorr |
Moving against Home Stock
The current year's Return On Equity is expected to grow to 2.11, whereas Return On Tangible Assets are forecasted to decline to 0.11. At present, Home Depot's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 2 B, whereas Net Tangible Assets are projected to grow to (5 B).Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Home Depot's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Home Depot Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Home Depot and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Home and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Home Depot does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Home Stock performing well and Home Depot Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Home Depot's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BABA | 1.95 | (0.09) | 0.00 | (0.09) | 0.00 | 5.10 | 13.40 | |||
| TM | 1.33 | 0.20 | 0.14 | 0.24 | 1.27 | 3.30 | 8.06 | |||
| MCD | 0.80 | 0.14 | 0.10 | 0.53 | 0.67 | 2.26 | 4.64 | |||
| FND | 2.24 | 0.13 | 0.07 | 0.14 | 2.46 | 4.60 | 13.62 | |||
| ARHS | 2.11 | (0.18) | 0.00 | (0.06) | 0.00 | 4.22 | 14.29 | |||
| HVT | 1.53 | 0.20 | 0.16 | 0.23 | 1.22 | 3.82 | 9.36 | |||
| PDD | 1.47 | (0.54) | 0.00 | (0.34) | 0.00 | 2.91 | 9.06 | |||
| BKNG | 1.47 | (0.33) | 0.00 | (0.21) | 0.00 | 2.94 | 14.30 |
Cross Equities Net Income Analysis
Compare Home Depot and related stocks such as Alibaba Group Holding, Toyota Motor, and McDonalds Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BABA | 219.9 M | 4.2 B | 8.5 B | 23.3 B | 24.3 B | 71.5 B | 43.7 B | 64.1 B | 87.9 B | 149.4 B | 150.6 B | 62.2 B | 72.8 B | 80 B | 130.1 B | 149.6 B | 157.1 B |
| TM | 347 B | 283.6 B | 962.2 B | 1.8 T | 2.2 T | 2.3 T | 1.8 T | 2.5 T | 1.9 T | 2 T | 2.2 T | 2.9 T | 2.5 T | 4.9 T | 4.8 T | 5.5 T | 5.8 T |
| MCD | 433 M | 5.5 B | 5.5 B | 5.6 B | 4.8 B | 4.5 B | 4.7 B | 5.2 B | 5.9 B | 6 B | 4.7 B | 7.5 B | 6.2 B | 8.5 B | 8.2 B | 9.5 B | 9.9 B |
| FND | 7.5 M | 7.5 M | 12.8 M | 11.1 M | 15.1 M | 26.8 M | 43 M | 102.8 M | 116.2 M | 150.6 M | 195 M | 283.2 M | 298.2 M | 246 M | 205.9 M | 236.8 M | 134.7 M |
| ARHS | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 7.5 M | 6.1 M | 21.1 M | 136.6 M | 125.2 M | 68.5 M | 78.8 M | 66.9 M |
| HVT | 10.3 M | 15.5 M | 14.9 M | 32.3 M | 8.6 M | 27.8 M | 28.4 M | 21.1 M | 30.3 M | 21.9 M | 59.1 M | 90.8 M | 89.4 M | 56.3 M | 20 M | 22.9 M | 22.5 M |
| PDD | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (292 M) | (525.1 M) | (10.2 B) | (7 B) | (7.2 B) | 7.8 B | 31.5 B | 60 B | 112.4 B | 129.3 B | 135.8 B |
| BKNG | (112.2 M) | 1.1 B | 1.4 B | 1.9 B | 2.4 B | 2.6 B | 2.1 B | 2.3 B | 4 B | 4.9 B | 59 M | 1.2 B | 3.1 B | 4.3 B | 5.9 B | 6.8 B | 7.1 B |
Home Depot and related stocks such as Alibaba Group Holding, Toyota Motor, and McDonalds Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Home Depot financial statement analysis. It represents the amount of money remaining after all of The Home Depot operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Home Depot Competitive Analysis
The better you understand Home Depot competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Home Depot's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Home Depot's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Home Depot Competition Performance Charts
Five steps to successful analysis of Home Depot Competition
Home Depot's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Home Depot in relation to its competition. Home Depot's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Home Depot in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Home Depot's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Home Depot, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Home Depot position
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Check out Home Depot Correlation with its peers. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Will Home Improvement Retail sector continue expanding? Could Home diversify its offerings? Factors like these will boost the valuation of Home Depot. Market participants price Home higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Home Depot data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.01) | Dividend Share 9.2 | Earnings Share 14.65 | Revenue Per Share | Quarterly Revenue Growth 0.028 |
Understanding Home Depot requires distinguishing between market price and book value, where the latter reflects Home's accounting equity. The concept of intrinsic value - what Home Depot's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Home Depot's price substantially above or below its fundamental 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. In contrast, Home Depot's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.