|Target Corporation -- USA Stock|| |
USD 60.43 0.4 0.67%
Target has performance score of 5 on a scale of 0 to 100. The entity has beta of -0.5577 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 extremely important to respect Target
current price movements, it is better to be realistic regarding the information on 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 0.0918% will be sustainable into the future. Target
right now has a risk of 1.1877%. Please validate Target Information Ratio
and Downside Variance
to decide if Target will be following its existing price patterns
Relative Risk vs. Return Landscape
If you would invest 5,926
in Target Corporation on September 20, 2017
and sell it today you would earn a total of 117
from holding Target Corporation or generate 1.97%
return on investment over 30
days. Target Corporation is generating 0.0918% of daily returns assuming volatility of 1.1877% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 99% 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 1.34 times less return on investment than the market. In addition to that, the company is 5.04 times more volatile than its market benchmark. It trades about 0.08 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.52 per unit of volatility.
Target Daily Price Distribution
The median price of Target for the period between Wed, Sep 20, 2017 and Fri, Oct 20, 2017 is 58.91 with a coefficient of variation of 1.86. The daily time series for the period is distributed with a sample standard deviation of 1.1, arithmetic mean of 58.95, and mean deviation of 0.79. The Stock received some media coverage during the period.