We consider Target not too risky. Target owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0308 which indicates Target had 0.0308% of return per unit of risk over the last 1 month. Our philosophy towards measuring volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-six technical indicators for Target Corporation which you can use to evaluate future volatility of the company. Please validate Target Semi Deviation of 2.39, Coefficient Of Variation of 3249.54 and Risk Adjusted Performance of 0.01 to confirm if risk estimate we provide are consistent with the epected return of 0.0586%.
|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