Target Stock Performance

TGT
 Stock
  

USD 152.28  1.93  1.25%   

The entity has a beta of 1.3004, 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. Even though it is essential to pay attention to Target current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Target exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Target has an expected return of -0.12%. Please be advised to validate Target total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to decide if Target performance from the past will be repeated at some point in the near future.
  
Target Performance
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Over the last 90 days Target has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest abnormal performance, the Stock's technical and fundamental indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more

Target Price Channel

Begin Period Cash Flow8511000000.00
DescriptionTarget Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, a
Total Cashflows From Investing Activities-3154000000.00

Target Relative Risk vs. Return Landscape

If you would invest  17,164  in Target on September 10, 2022 and sell it today you would lose (1,743)  from holding Target or give up 10.15% of portfolio value over 90 days. Target is generating negative expected returns assuming volatility of 3.0427% on return distribution over 90 days investment horizon. In other words, 26% of stocks are less volatile than Target, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Target is expected to under-perform the market. In addition to that, the company is 2.04 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.01 per unit of volatility.

Target Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Target, and traders can use it to determine the average amount a Target's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0396

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Negative ReturnsTGT
Estimated Market Risk
 3.04
  actual daily
 
 26 %
of total potential
 
2626
Expected Return
 -0.12
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 0 %
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Risk-Adjusted Return
 -0.04
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 0 %
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Based on monthly moving average Target is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Target by adding it to a well-diversified portfolio.

About Target Performance

To evaluate Target Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Target generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Target Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Target market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Target's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-28.8 M-29.6 M
Return on Investment 33.34  25.95 
Return on Average Assets 13.22  4.95 
Return on Average Equity 50.95  21.12 
Return on Invested Capital 0.0115  0.0118 
Return on Sales 0.0069  0.007082 

Things to note about Target

Checking the ongoing alerts about Target for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Target help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Target Alerts

Equity Alerts and Improvement Suggestions

Target generated a negative expected return over the last 90 days
Target has high historical volatility and very poor performance
The company has 13.55 B in debt with debt to equity (D/E) ratio of 1.77, which is OK given its current industry classification. Target has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Target until it has trouble settling it off, either with new capital or with free cash flow. So, Target's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Target sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Target to invest in growth at high rates of return. When we think about Target's use of debt, we should always consider it together with cash and equity.
Target has a poor financial position based on the latest SEC disclosures
Over 82.0% of Target shares are owned by institutional investors
Latest headline from news.google.com: Target Cuts Outlook, Misses Big on Profit as Its Shoppers Retrench - Bloomberg
Additionally, take a look at World Market Map. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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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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.
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.