Target Stock Market Value

TGT
 Stock
  

USD 164.87  1.49  0.91%   

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


Is Target Corp'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 Corp. 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 Corp 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
75.2 B
Quarterly Revenue Growth YOY
0.034
Return On Assets
0.0555
Return On Equity
0.28
The market value of Target Corp 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 Corp's value that differs from its market value or its book value, called intrinsic value, which is Target Corp'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 Corp's market value can be influenced by many factors that don't directly affect Target Corp'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 Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Target Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Corp'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 Corp '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 Corp'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 Corp.
0.00
10/29/2022
No Change 0.00  0.0 
In 31 days
11/28/2022
0.00
If you would invest  0.00  in Target Corp on October 29, 2022 and sell it all today you would earn a total of 0.00 from holding Target Corp or generate 0.0% return on investment in Target Corp over 30 days. Target Corp is related to or competes with Best Buy, Alibaba Group, Aarons Holdings, Caseys General, Dillards, and Bed Bath. Target Corporation operates as a general merchandise retailer in the United States More

Target Corp 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 Corp'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 Corp upside and downside potential and time the market with a certain degree of confidence.

Target Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target Corp's standard deviation. In reality, there are many statistical measures that can use Target Corp historical prices to predict the future Target Corp'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 Corp'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 Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
159.46162.51165.56
Details
Intrinsic
Valuation
LowReal ValueHigh
147.04202.56205.61
Details
Naive
Forecast
LowNext ValueHigh
162.10165.15168.20
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 Corp. Your research has to be compared to or analyzed against Target Corp's peers to derive any actionable benefits. When done correctly, Target Corp'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 Corp.

Target Corp Backtested Returns

We consider Target Corp very steady. Target Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0304, which indicates the firm had 0.0304% 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-eight technical indicators for Target Corp, which you can use to evaluate the future volatility of the company. Please validate Target Corp Coefficient Of Variation of 4447.25, semi deviation of 3.14, and Risk Adjusted Performance of 0.0372 to confirm if the risk estimate we provide is consistent with the expected return of 0.0927%.
Target Corp has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.296, 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 Corp will likely underperform. Although it is important to respect Target Corp 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 Corp technical indicators, you can presently evaluate if the expected return of 0.0927% will be sustainable into the future. Target Corp right now has a risk of 3.05%. Please validate Target Corp total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to decide if Target Corp will be following its existing price patterns.

Auto-correlation

    
  0.26  

Poor predictability

Target Corp has poor predictability. Overlapping area represents the amount of predictability between Target Corp time series from 29th of October 2022 to 13th of November 2022 and 13th of November 2022 to 28th of November 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 Corp price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Target Corp price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test-0.69
Residual Average0.0
Price Variance40.4

Target Corp lagged returns against current returns

Autocorrelation, which is Target Corp 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 Corp's stock expected returns. We can calculate the autocorrelation of Target Corp returns to help us make a trade decision. For example, suppose you find that Target Corp 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 Corp 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 Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target Corp stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Target Corp Lagged Returns

When evaluating Target Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target Corp stock have on its future price. Target Corp 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 Corp autocorrelation shows the relationship between Target Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Target Corp.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Target Corp without increasing your portfolio risk or giving up the 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.

Did you try this?

Run Stock Tickers Now

   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Target Corp Correlation, Target Corp Volatility and Target Corp Alpha and Beta module to complement your research on Target Corp. Note that the Target Corp information on this page should be used as a complementary analysis to other Target Corp'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 Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Target Stock analysis

When running Target Corp price analysis, check to measure Target Corp'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 Corp is operating at the current time. Most of Target Corp's value examination focuses on studying past and present price action to predict the probability of Target Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Target Corp's price. Additionally, you may evaluate how the addition of Target Corp to your portfolios can decrease your overall portfolio volatility.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Target Corp 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 Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Target Corp 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...