Shares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Heres Why I Expect This Trend to Continue Over the Next 5 Years. - Nasdaq
| HDI Stock | 406.85 1.85 0.46% |
Slightly above 52% of Home Depot's investor base is interested to short. The analysis of current outlook of investing in The Home Depot suggests that many traders are impartial regarding Home Depot's prospects. Home Depot's investing sentiment can be driven by a variety of factors including economic data, Home Depot's earnings reports, geopolitical events, and overall market trends.
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Shares of This Little-Known Home Improvement Business Have Outperformed Home Depot Stock Over the Last 5 Years. Heres Why I Expect This Trend to Continue Over the Next 5 Years. Nasdaq
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Home Depot Fundamental Analysis
We analyze Home Depot's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home Depot using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home Depot based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Market Capitalization
Market Capitalization Comparative Analysis
Home Depot is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Home Depot Potential Pair-trading
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.
Peers
Home Depot Related Equities
| A2T | ATRYS HEALTH | 2.42 | ||||
| WX6 | National Health | 0.69 | ||||
| CVS | CVS Health | 0.09 | ||||
| RMY | Ramsay Health | 0.83 | ||||
| WIJ | WILLIS LEASE | 0.96 | ||||
| IHCB | SBM OFFSHORE | 0.99 | ||||
| FMW | FEMALE HEALTH | 2.86 |
Additional 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.