Target Corporation has Coefficient Of Variation of 189.34 and Risk Adjusted Performance of 0.2411. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Target as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Target Corporation which can be compared to its competition. Please validate TargetInformation Ratio and Downside Variance to decide if Target is priced more or less accurately providing market reflects its prevalent price of 78.58 per share. Given that Target has Jensen Alpha of 1.11, we advise you double-check Target Corporation current market performance to make sure the company can sustain itself at future point.
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Target volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Target Trend Analysis
Use this graph to draw trend lines for Target Corporation. You can use it to identify possible trend reversals for Target as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Target price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Target Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Target Corporation applied against its price change over selected period. The best fit line has a slop of 1.01 % which may imply that Target Corporation will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 836.41, which is the sum of squared deviations for the predicted Target price change compared to its average price change.
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Target Corporation is rated third in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about 1.33 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Target Corporation is roughly 1.33