Macroaxis considers Target to be not too risky. Target owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0477 which indicates Target had -0.0477% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Target Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Target Coefficient Of Variation of
7,421 and Risk Adjusted Performance of 0.01 to confirm risk estimate we provide.
|Time Horizon||30 Days Login to change|
Target Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Target has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and Target are completely uncorrelated. Furthermore, Target CorporationIt does not look like Target alpha can have any bearing on the equity current valuation.
Predicted Return Density