|Target Corporation -- USA Stock|| |
USD 60.43 0.4 0.67%
Target Corporation has Semi Deviation
of 0.9436, Coefficient Of Variation
of 1266.98 and Risk Adjusted Performance
of 0.0262. 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 Target Information Ratio
and Downside Variance
to decide if Target is priced more or less accurately providing market reflects its prevalent price of 60.43 per share. Given that Target has Jensen Alpha
of 0.1551, we advise you double-check Target Corporation current market performance to make sure the company can sustain itself at future point.
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 0.15 %
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 17.24, which is the sum of squared deviations for the predicted Target price change compared to its average price change.