Home Depot Stock Forecast - Daily Balance Of Power
| 0R1G Stock | USD 178.57 2.25 1.28% |
Home Stock Forecast is based on your current time horizon.
Home |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (1.00) | 0.009 |
| Check Home Depot Volatility | Backtest Home Depot | Information Ratio |
Home Depot Trading Date Momentum
| On November 27 2024 Home Depot was traded for 178.57 at the closing time. The highest price during the trading period was 428.20 and the lowest recorded bid was listed for 178.57 . The volume for the day was 16.0. This history from November 27, 2024 did not cause price change. The trading delta at closing time to the current price is 45.99% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Home Depot to competition |
Other Forecasting Options for Home Depot
For every potential investor in Home, whether a beginner or expert, Home Depot's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Home Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Home. Basic forecasting techniques help filter out the noise by identifying Home Depot's price trends.Home Depot Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Home Depot stock to make a market-neutral strategy. Peer analysis of Home Depot could also be used in its relative valuation, which is a method of valuing Home Depot by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Home Depot Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Home Depot's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Home Depot's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Home Depot Market Strength Events
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 entry and exit signals to maximize returns.
Home Depot Risk Indicators
The analysis of Home Depot's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Home Depot's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting home stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.0381 | |||
| Standard Deviation | 0.157 | |||
| Variance | 0.0246 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Home Depot to cross-verify your projections. For more information on how to buy Home Stock please use our How to buy in Home Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.