Home Depot Stock Price on September 15, 2022 Breakdown

HD
 Stock
  

USD 327.99  0.92  0.28%   

As of today, the current price of Home Depot is  327.99 , as last reported on the 3rd of December, with the highest price reaching  328.48  and the lowest price hitting  320.33  during the day.
Home Depot appears to be very steady, given 3 months investment horizon. Home Depot holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had 0.1% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Home Depot, which you can use to evaluate the future volatility of the firm. Please utilize Home Depot's Risk Adjusted Performance of 0.1573, market risk adjusted performance of 0.1949, and Downside Deviation of 2.01 to validate if our risk estimates are consistent with your expectations.
  
As of December 3, 2022, Net Income Common Stock is expected to decline to about 15.4 B. The current year Price to Earnings Ratio is expected to grow to 24.27, whereas Price to Book Value is projected to grow to (72.26) . Home Depot Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
B
net Income Applicable To Common Shares
16.4 B
Shares Outstanding
B
Shares Short Prior Month
7.9 M
Dividend Share
7.6
Earnings Share
16.59

Home Depot Main Headline on 15th of September 2022

Home Depot dividend paid on 15th of September 2022

Home Depot Valuation on September 15, 2022

It is possible to determine the worth of Home Depot on a given historical date. On September 15, 2022 Home Depot was worth 277.89 at the beginning of the trading date compared to the closed value of 269.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Home Depot stock. Still, in general, we apply an absolute valuation method to find Home Depot's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Home Depot's related companies.
 Open High Low Close Volume
  279.40    279.54    273.17    274.68    4,194,400  
09/15/2022
  277.89    278.01    270.54    269.91    3,896,100  
  269.05    276.56    268.90    274.31    9,535,100  
Backtest Home Depot  |  Home Depot History  |  Home Depot Valuation   PreviousNext  
Open Value 277.89
271.30
Downside
269.91
Closing Value
284.48
Upside

Home Depot Trading Date Momentum on September 15, 2022

On September 16 2022 Home Depot was traded for  274.31  at the closing time. The highest price during the trading period was 276.56  and the lowest recorded bid was listed for  268.90 . The volume for the day was 9.5 M. This history from September 16, 2022 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.63% . The trading delta at closing time to the current price is 0.56% .

Home Depot Fundamentals Correlations and Trends

By evaluating Home Depot's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Home Depot's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Home Depot financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Home Depot Stock history

Home Depot investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Home Depot is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Home Depot will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Home Depot historical stock prices may prove useful in developing a viable investing in Home Depot
Last ReportedProjected for 2022
Weighted Average Shares1.1 B1.1 B
Weighted Average Shares Diluted1.1 B1.1 B
Issuance Purchase of Equity Shares-14.5 B-7.9 B

Home Depot Stock Technical Analysis

Home Depot technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Home Depot technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Home Depot trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Home Depot Period Price Range

Low
September 15, 2022
High

 277.89 

  

 269.91 

-7.98-2.87%

Home Depot December 3, 2022 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Home Depot stock's direction in advance. Along with the technical and fundamental analysis of Home Depot Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Home Depot to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Please check Risk vs Return Analysis. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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
0.082
Market Capitalization
334.3 B
Quarterly Revenue Growth YOY
0.056
Return On Assets
0.2
Return On Equity
0.15
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.