Home Depot Recommendation
Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding The Home Depot Inc is 'Strong Buy'
For the selected time horizon The Home Depot Inc has a risk adjusted performance of 0.1653, jensen alpha of 0.2069, total risk alpha of 0.1432, sortino ratio of 0.3269 and treynor ratio of 0.3283
Macroaxis provides buy, hold, or sell recommendation on Home Depot to complement and cross-verify current analyst consensus
on The Home Depot. Our buy or sell recommendations engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure The Home Depot Inc is not overpriced, please check out all Home Depot fundamentals including its Price to Sales
, Cash per Share
and the relationship
between Number of Shares Shorted
. Given that The Home Depot
has Number of Shares Shorted
of 9.02 M, we strongly advise you confirm The Home Depot market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.
Returns Distribution Density
|Mean Return||0.27||Value At Risk||-0.6427|
|Potential Upside||1.0653||Standard Deviation||0.6444|
Home Depot Greeks
Home Depot Volatility Alert
The Home Depot Inc exhibits ver low volatility with skewness of -0.21 and kurtosis of -0.67. However, we advise investors to further study The Home Depot Inc technical indicators to make sure all market info is available and is reliable.