HOME DEPOT INC Probability of Future Bond Price Finishing Over 93.43

437076CA8   93.39  2.53  2.64%   
437076CA8's future price is the expected price of 437076CA8 instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of HOME DEPOT INC performance during a given time horizon utilizing its historical volatility. Check out 437076CA8 Backtesting, Portfolio Optimization, 437076CA8 Correlation, 437076CA8 Hype Analysis, 437076CA8 Volatility, 437076CA8 History as well as 437076CA8 Performance.
  
Please specify 437076CA8's target price for which you would like 437076CA8 odds to be computed.

437076CA8 Target Price Odds to finish over 93.43

The tendency of 437076CA8 Bond price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over  93.43  or more in 90 days
 93.39 90 days 93.43 
under 95
Based on a normal probability distribution, the odds of 437076CA8 to move over  93.43  or more in 90 days from now is under 95 (This HOME DEPOT INC probability density function shows the probability of 437076CA8 Bond to fall within a particular range of prices over 90 days) . Probability of HOME DEPOT INC price to stay between its current price of  93.39  and  93.43  at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon 437076CA8 has a beta of 0.0137. This usually implies as returns on the market go up, 437076CA8 average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HOME DEPOT INC will be expected to be much smaller as well. Additionally HOME DEPOT INC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   437076CA8 Price Density   
       Price  

Predictive Modules for 437076CA8

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HOME DEPOT INC. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
92.9193.3993.87
Details
Intrinsic
Valuation
LowRealHigh
91.5392.01102.73
Details
Naive
Forecast
LowNextHigh
93.8094.2894.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
92.3493.7095.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as 437076CA8. Your research has to be compared to or analyzed against 437076CA8's peers to derive any actionable benefits. When done correctly, 437076CA8's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HOME DEPOT INC.

437076CA8 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. 437076CA8 is not an exception. The market had few large corrections towards the 437076CA8's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold HOME DEPOT INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of 437076CA8 within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.06
β
Beta against Dow Jones0.01
σ
Overall volatility
1.33
Ir
Information ratio -0.18

437076CA8 Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of 437076CA8 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HOME DEPOT INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
HOME DEPOT INC generated a negative expected return over the last 90 days

437076CA8 Technical Analysis

437076CA8's future price can be derived by breaking down and analyzing its technical indicators over time. 437076CA8 Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HOME DEPOT INC. In general, you should focus on analyzing 437076CA8 Bond price patterns and their correlations with different microeconomic environments and drivers.

437076CA8 Predictive Forecast Models

437076CA8's time-series forecasting models is one of many 437076CA8's bond analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary 437076CA8's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the bond market movement and maximize returns from investment trading.

Things to note about HOME DEPOT INC

Checking the ongoing alerts about 437076CA8 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HOME DEPOT INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
HOME DEPOT INC generated a negative expected return over the last 90 days

Other Information on Investing in 437076CA8 Bond

437076CA8 financial ratios help investors to determine whether 437076CA8 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 437076CA8 with respect to the benefits of owning 437076CA8 security.