Targa Resources Stock Market Value
| TRGP Stock | USD 201.52 0.39 0.19% |
| Symbol | Targa |
Can Stock industry sustain growth momentum? Does Targa have expansion opportunities? Factors like these will boost the valuation of Targa Resources. If investors know Targa will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Targa Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Investors evaluate Targa Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Targa Resources' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Targa Resources' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Targa Resources' market price signifies the transaction level at which participants voluntarily complete trades.
Targa Resources '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 Targa Resources' 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 Targa Resources.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Targa Resources on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Targa Resources or generate 0.0% return on investment in Targa Resources over 90 days. Targa Resources is related to or competes with EQT, ONEOK, Cenovus Energy, Woodside Energy, Cheniere Energy, Occidental Petroleum, and Energy Transfer. Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops... More
Targa Resources 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 Targa Resources' 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 Targa Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.2258 | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.12 |
Targa Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Targa Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Targa Resources' standard deviation. In reality, there are many statistical measures that can use Targa Resources historical prices to predict the future Targa Resources' volatility.| Risk Adjusted Performance | 0.1952 | |||
| Jensen Alpha | 0.4416 | |||
| Total Risk Alpha | 0.3227 | |||
| Sortino Ratio | 0.2397 | |||
| Treynor Ratio | 4.78 |
Targa Resources January 29, 2026 Technical Indicators
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| Risk Adjusted Performance | 0.1952 | |||
| Market Risk Adjusted Performance | 4.79 | |||
| Mean Deviation | 1.36 | |||
| Semi Deviation | 1.2 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 383.45 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.06 | |||
| Information Ratio | 0.2258 | |||
| Jensen Alpha | 0.4416 | |||
| Total Risk Alpha | 0.3227 | |||
| Sortino Ratio | 0.2397 | |||
| Treynor Ratio | 4.78 | |||
| Maximum Drawdown | 8.49 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.12 | |||
| Downside Variance | 2.72 | |||
| Semi Variance | 1.44 | |||
| Expected Short fall | (1.49) | |||
| Skewness | 0.1713 | |||
| Kurtosis | 0.2806 |
Targa Resources Backtested Returns
Targa Resources appears to be very steady, given 3 months investment horizon. Targa Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the firm had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Targa Resources, which you can use to evaluate the volatility of the company. Please review Targa Resources' Coefficient Of Variation of 383.45, risk adjusted performance of 0.1952, and Semi Deviation of 1.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Targa Resources holds a performance score of 20. The entity has a beta of 0.0933, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Targa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Targa Resources is expected to be smaller as well. Please check Targa Resources' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Targa Resources' existing price patterns will revert.
Auto-correlation | 0.65 |
Good predictability
Targa Resources has good predictability. Overlapping area represents the amount of predictability between Targa Resources time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Targa Resources price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Targa Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 45.31 |
Pair Trading with Targa Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Targa Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Targa Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Targa Stock
| 0.64 | NFPDF | Nissin Foods Holdings Earnings Call This Week | PairCorr |
| 0.77 | FMCB | Farmers Merchants Bancorp Earnings Call This Week | PairCorr |
Moving against Targa Stock
The ability to find closely correlated positions to Targa Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Targa Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Targa Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Targa Resources to buy it.
The correlation of Targa Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Targa Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Targa Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Targa Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Targa Stock Analysis
When running Targa Resources' price analysis, check to measure Targa Resources' 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 Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.