Home Depot Price Prediction

Macroaxis is not in business of monitoring Home Depot headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with The Home Depot Inc brand which may create opportunities for some arbitrage if properly timed. With Home Depot hype-based prediction module you can estimate the value of The Home Depot Inc from the prospective of Home Depot response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Home Depot over a specific investment horizon. Please also check Home Depot Basic Forecasting Models to cross-verify your projections.
Investment Horizon     30 Days    Login   to change

Home Depot estimiated after-hype price volatility

 Next price density 
 
Embed  
  Expected price to next headline  
March 29, 2017
147.2
Current Value
Downside upside
Downside
145.37
147.2
After-hype Price
Target Price Odds
 Above  Below  
149.03
Upside
Upside upside
Home Depot is not too risky asset. Analysis and calculation of next after-hype price of The Home Depot is based on 1 month time horizon.

Home Depot Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.06% 0.59% 0.01%  0.03% 1 Events / Month1 Events / MonthIn a few days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
147.20147.200.00%
655.56% 

Home Depot Hype Timeline

As of March 29, 2017 The Home Depot Inc is going for 147.20 . This company has historical hype elasticity of -0.01 and average elasticity to hype of competition of 0.03. The Home Depot Inc is suggested not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 655.56%. The immediate return on the next news is suggested to be very small where as daily expected return is currently at 0.06%. The volatility of relative hype elasticity to Home Depot is about 134.6%%. The volatility of related hype on Home Depot is about 134.6% with expected price after next announcement by competition of 147.23. About 73.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.56. The Home Depot Inc recorded earning per share (EPS) of 6.16. This company last dividend was issued on 2017-03-07. The firm had 3:2 split on December 31, 1999. Allowing for the 30-days total investment horizon, the next suggested press release will be in a few days.
Please also check Home Depot Basic Forecasting Models to cross-verify your projections.

Home Depot Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Expected
Short fall
Potential
Upside
Value
At Risk
Maximum
Drawdown
Macys Inc 0.80 1 per month 0.00 (0.35)  0.00  2.22 (3.83)  6.95 
Dollar General Corporation(0.22) 1 per month 0.00 (0.30)  0.00  1.53 (2.52)  4.91 
The Home Depot Inc(0.09) 1 per month 0.52  0.18 (0.55)  0.82 (0.81)  2.42 
ScanSource Inc 0.00 1 per month 0.00 (0.13)  0.00  1.28 (2.76)  5.74 
Sears Holdings Corporation 1.82 1 per month 3.49  0.27 (6.03)  15.23 (4.56)  27.54 
Aarons Inc 0.32 1 per month 1.48  0.21 (1.22)  2.08 (2.43)  5.76