HOME Intangible Assets from 2010 to 2026
| HD Stock | 23.63 0.36 1.50% |
Intangible Assets | First Reported 2010-12-31 | Previous Quarter 10.3 B | Current Value 10.8 B | Quarterly Volatility 2.6 B |
Check HOME DEPOT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HOME DEPOT's main balance sheet or income statement drivers, such as Tax Provision of 5.1 B, Interest Income of 242.7 M or Interest Expense of 1.8 B, as well as many indicators such as . HOME financial statements analysis is a perfect complement when working with HOME DEPOT Valuation or Volatility modules.
HOME | Intangible Assets |
Evaluating HOME DEPOT's Intangible Assets across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into HOME DEPOT CDR's fundamental strength.
Latest HOME DEPOT's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of HOME DEPOT CDR over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. HOME DEPOT's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HOME DEPOT's overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
HOME Intangible Assets Regression Statistics
| Arithmetic Mean | 4,724,966,029 | |
| Geometric Mean | 4,295,405,306 | |
| Coefficient Of Variation | 54.31 | |
| Mean Deviation | 1,880,649,931 | |
| Median | 3,612,000,000 | |
| Standard Deviation | 2,566,219,118 | |
| Sample Variance | 6585480.6T | |
| Range | 7.5B | |
| R-Value | 0.65 | |
| Mean Square Error | 4019070.1T | |
| R-Squared | 0.43 | |
| Significance | 0 | |
| Slope | 332,406,691 | |
| Total Sum of Squares | 105367689T |
HOME Intangible Assets History
About HOME DEPOT Financial Statements
HOME DEPOT investors utilize fundamental indicators, such as Intangible Assets, to predict how HOME Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 10.3 B | 10.8 B |
Pair Trading with HOME DEPOT
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HOME DEPOT position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HOME DEPOT will appreciate offsetting losses from the drop in the long position's value.Moving against HOME Stock
| 0.74 | MSFT | Microsoft CDR | PairCorr |
| 0.74 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.48 | AAPL | Apple CDR | PairCorr |
| 0.48 | AAPL | Apple Inc CDR | PairCorr |
The ability to find closely correlated positions to HOME DEPOT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HOME DEPOT when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HOME DEPOT - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling HOME DEPOT CDR to buy it.
The correlation of HOME DEPOT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HOME DEPOT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if HOME DEPOT CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HOME DEPOT can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.