Home Depot Stock Forecast - Market Facilitation Index

HD
 Stock
  

USD 279.08  4.81  1.75%   

Home Depot Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Home Depot historical stock prices and determine the direction of Home Depot's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Home Depot historical fundamentals such as revenue growth or operating cash flow patterns. Although Home Depot naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Home Depot systematic risk associated with finding meaningful patterns of Home Depot fundamentals over time.
Please check Historical Fundamental Analysis of Home Depot to cross-verify your projections.
  
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Home Depot Receivables Turnover is projected to drop based on the last few years of reporting. The past year's Receivables Turnover was at 47.23. The current year Inventory Turnover is expected to grow to 5.68, whereas Cash and Equivalents Turnover is forecasted to decline to 29.49. . Home Depot Weighted Average Shares Diluted is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares Diluted was at 1.06 Billion.

Open Interest Agains t 2022-07-08 Home Depot Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Home Depot's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Home Depot's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Home Depot stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Home Depot's open interest, investors have to compare it to Home Depot's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Home Depot is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Home Depot. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Home Depot has current Market Facilitation Index of 0.
Most investors in Home Depot cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Home Depot's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Home Depot's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.

Home Depot Current Investor Sentiment

Investor biases related to Home Depot's public news can be used to forecast risks associated with investment in Home Depot. The trend in average sentiment can be used to explain how an investor holding Home Depot can time the market purely based on public headlines and social activities around Home Depot. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Home Depot's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Home Depot's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Home Depot's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Home Depot.
  Previous Market Facilitation IndexMarket Facilitation IndexTrend
0.00
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Home Depot Trading Date Momentum

On July 02 2022 Home Depot was traded for  279.08  at the closing time. The highest price during the trading period was 280.75  and the lowest recorded bid was listed for  274.55 . There was no trading activity during the period 0.0. Lack of trading volume on July 2, 2022 did not cause price change. The trading delta at closing time to the current price is 1.20% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
Compare Home Depot to competition

Other Forecasting Options for Home Depot

For every potential investor in Home Depot, 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 Depot Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Home Depot. Basic forecasting techniques help filter out the noise by identifying Home Depot's price trends.

View Currently 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.

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.

Home Depot Risk Indicators

The analysis of Home Depot's basic risk indicators is one of the essential steps in helping accuretelly forecast 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 funamental techniques of forecasting Home Depot stock price, 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.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Home Depot without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Home Depot using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Historical Fundamental Analysis of Home Depot to cross-verify your projections. Note that the Home Depot information on this page should be used as a complementary analysis to other Home Depot's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Home Depot 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 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.
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Is Home Depot's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Home Depot. If investors know Home Depot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Home Depot listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.06
Market Capitalization
286.8 B
Quarterly Revenue Growth YOY
0.038
Return On Assets
0.2
Return On Equity
0.85
The market value of Home Depot is measured differently than its book value, which is the value of Home Depot that is recorded on the company's balance sheet. Investors also form their own opinion of Home Depot's value that differs from its market value or its book value, called intrinsic value, which is Home Depot's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Home Depot's market value can be influenced by many factors that don't directly affect Home Depot's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Home Depot's value and its price as these two are different measures arrived at by different means. Investors typically determine Home Depot value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Depot's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.