Target Risk Analysis And Volatility Evaluation

TGT -- USA Stock  

USD 70.94  0.27  0.38%

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

Transformation
The output start index for this execution was zero with a total number of output elements of seventeen. Target Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

Projected Return Density Against Market

Considering 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 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of Target is -2097.06. The daily returns are destributed with a variance of 3.63 and standard deviation of 1.91. The mean deviation of Target Corporation is currently at 1.19. For similar time horizon, the selected benchmark (DOW) has volatility of 0.0
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.91
Ir
Information ratio =0.01

Actual Return Volatility

Target Corporation has volatility of 1.9054% on return distribution over 30 days investment horizon. DOW inherits 0.5477% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Target Volatility Factors

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

30 Days Economic Sensitivity

Market Insensitive

Investment Outlook

Target Investment Opportunity
Target Corporation has a volatility of 1.91 and is 3.47 times more volatile than DOW. 17% of all equities and portfolios are less risky than Target. Compared to the overall equity markets, volatility of historical daily returns of Target Corporation is lower than 17 (%) of all global equities and portfolios over the last 30 days.

Total Debt

Target Total Debt History

Total Debt

Volatility Indicators

Target Current Risk Indicators
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