Target (Brazil) Market Value
| TGTB34 Stock | BRL 576.50 0.42 0.07% |
| Symbol | Target |
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.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Target on April 20, 2025 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 90 days. Target is related to or competes with Tyson Foods, Universal Health, UnitedHealth Group, United Rentals, and Zoom Video. 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.
| Downside Deviation | 2.33 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.54 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 4.25 |
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.| Risk Adjusted Performance | 0.0472 | |||
| Jensen Alpha | 0.0795 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.2 |
Target Backtested Returns
At this point, Target is very steady. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0654, which indicates the firm had a 0.0654 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Target, which you can use to evaluate the volatility of the company. Please validate Target's Semi Deviation of 2.18, risk adjusted performance of 0.0472, and Coefficient Of Variation of 2259.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Target has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.0745, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Target's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target is expected to be smaller as well. Target right now has a risk of 2.22%. Please validate Target sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Target will be following its existing price patterns.
Auto-correlation | -0.01 |
Very weak reverse predictability
Target has very weak reverse predictability. Overlapping area represents the amount of predictability between Target time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. 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 -0.01 indicates that just 1.0% of current Target price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 382.79 |
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 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 price movement to match the lagging time series.
Current and Lagged Values |
| 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 |
| 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 |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Target Stock
When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:Check out Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target. For information on how to trade Target Stock refer to our How to Trade Target Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.