Target Stock Market Value

TGT
 Stock
  

USD 165.37  1.70  1.02%   

Target's market value is the price at which a share of Target stock trades on a public exchange. It measures the collective expectations of Target investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Target and determine expected loss or profit from investing in Target over a given investment horizon. Additionally, take a look at Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target.
Symbol


Is Target'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 Target. If investors know Target 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 Target 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
(0.49) 
Market Capitalization
76.9 B
Quarterly Revenue Growth YOY
0.034
Return On Assets
0.0555
Return On Equity
0.28
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target'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 Target's market value can be influenced by many factors that don't directly affect Target'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 Target's value and its price as these two are different measures arrived at by different means. Investors typically determine Target value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target'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.

Target 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Target's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Target.
0.00
11/01/2022
No Change 0.00  0.0 
In 30 days
12/01/2022
0.00
If you would invest  0.00  in Target on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Target or generate 0.0% return on investment in Target over 30 days. Target is related to or competes with Dollar General, Hilton Worldwide, Walmart, Knowles Cor, Brinks, Thomson Reuters, and Mastercard. Target Corporation operates as a general merchandise retailer in the United States More

Target Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Target's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Target upside and downside potential and time the market with a certain degree of confidence.

Target Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target's standard deviation. In reality, there are many statistical measures that can use Target historical prices to predict the future Target's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Target's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Target in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
164.37167.40170.43
Details
Intrinsic
Valuation
LowReal ValueHigh
150.36205.11208.14
Details
Naive
Forecast
LowNext ValueHigh
167.33170.37173.40
Details
19 Analysts
Consensus
LowTarget PriceHigh
200.00268.70329.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Target. Your research has to be compared to or analyzed against Target's peers to derive any actionable benefits. When done correctly, Target's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Target.

Target Backtested Returns

We consider Target very steady. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.03, which indicates the firm had 0.03% of return per unit of risk over the last 3 months. Our standpoint towards measuring 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-one technical indicators for Target, which you can use to evaluate the future volatility of the company. Please validate Target Coefficient Of Variation of 2097.66, risk adjusted performance of 0.076, and Semi Deviation of 3.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.0917%.
Target has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.2502, which indicates a somewhat significant risk relative to the market. Let's try to break down what Target's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Target will likely underperform. Although it is important to respect Target current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Target technical indicators, you can presently evaluate if the expected return of 0.0917% will be sustainable into the future. Target right now has a risk of 3.06%. Please validate Target information ratio and downside variance to decide if Target will be following its existing price patterns.

Auto-correlation

    
  0.45  

Average predictability

Target has average predictability. Overlapping area represents the amount of predictability between Target time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Target price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Target price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test0.37
Residual Average0.0
Price Variance13.61

Target lagged returns against current returns

Autocorrelation, which is Target stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Target's stock expected returns. We can calculate the autocorrelation of Target returns to help us make a trade decision. For example, suppose you find that Target stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Target regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Target stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Target Lagged Returns

When evaluating Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target stock have on its future price. Target autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Target autocorrelation shows the relationship between Target stock current value and its past values and can show if there is a momentum factor associated with investing in Target.
   Regressed Prices   
Share
       Timeline  

Target Investors Sentiment

The influence of Target's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Target. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Target's public news can be used to forecast risks associated with investment in Target. The trend in average sentiment can be used to explain how an investor holding Target can time the market purely based on public headlines and social activities around Target. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Target'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 Target'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 Target's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Target.

Target Implied Volatility

    
  57.49  
Target's implied volatility exposes the market's sentiment of Target stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Target's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Target stock will not fluctuate a lot when Target's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Target in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Target's short interest history, or implied volatility extrapolated from Target options trading.

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Additionally, take a look at Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target. Note that the Target information on this page should be used as a complementary analysis to other Target'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Target Stock analysis

When running Target price analysis, check to measure Target'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 Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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Target 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 Target technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Target 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...