|Target Corporation -- USA Stock|| |
USD 61.94 0.67 1.07%
On a scale of 0 to 100 Target holds performance score of 9. The entity has beta of -0.2377 which indicates as returns on market increase, returns on owning Target are expected to decrease at a much smaller rate. During bear market, Target is likely to outperform the market.. Although it is vital to follow to Target
current price movements, it is good to be conservative about what you can actually do with the information regarding equity 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 0.4052% will be sustainable into the future. Please operates Target Information Ratio
and Downside Variance
to make a quick decision on weather Target existing price patterns
Target Relative Risk vs. Return Landscape
If you would invest 5,814
in Target Corporation on November 17, 2017
and sell it today you would earn a total of 447
from holding Target Corporation or generate 7.69%
return on investment over 30
days. Target Corporation is generating 0.4052% of daily returns assuming volatility of 2.7262% on return distribution over 30 days investment horizon. In other words, 25% of equities are less volatile than the company and above 93% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Target Corporation is expected to generate 6.07 times more return on investment than the market. However, the company is 6.07 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The DOW is currently generating roughly 0.57 per unit of risk.
Target Daily Price Distribution
The median price of Target for the period between Fri, Nov 17, 2017 and Sun, Dec 17, 2017 is 60.72 with a coefficient of variation of 4.62. The daily time series for the period is distributed with a sample standard deviation of 2.75, arithmetic mean of 59.43, and mean deviation of 2.41. The Stock received some media coverage during the period.