Target Stock Market Value

TGT Stock  USD 167.59  3.37  2.05%   
Target's market value is the price at which a share of Target stock trades on a public exchange. It measures the collective expectations of Target investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Target and determine expected loss or profit from investing in Target over a given investment horizon.
Check out Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Symbol

Target Price To Book Ratio

Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.574
Dividend Share
4.36
Earnings Share
8.93
Revenue Per Share
232.745
Quarterly Revenue Growth
0.017
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Target 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Target's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Target.
0.00
03/29/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/18/2024
0.00
If you would invest  0.00  in Target on March 29, 2022 and sell it all today you would earn a total of 0.00 from holding Target or generate 0.0% return on investment in Target over 720 days. Target is related to or competes with Vistra Energy, Procter Gamble, American Electric, Lincoln Electric, Toro, and Unilever PLC. Target Corporation operates as a general merchandise retailer in the United States More

Target Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Target's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Target upside and downside potential and time the market with a certain degree of confidence.

Target Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target's standard deviation. In reality, there are many statistical measures that can use Target historical prices to predict the future Target's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Target's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Target in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
161.85163.90165.95
Details
Intrinsic
Valuation
LowRealHigh
131.90133.95180.64
Details
Naive
Forecast
LowNextHigh
162.58164.63166.68
Details
35 Analysts
Consensus
LowTargetHigh
136.19149.66166.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Target. Your research has to be compared to or analyzed against Target's peers to derive any actionable benefits. When done correctly, Target's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Target.

Target Backtested Returns

Target appears to be very steady, given 3 months investment horizon. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had 0.16% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Target, which you can use to evaluate the future volatility of the company. Please review Target's Semi Deviation of 1.16, coefficient of variation of 656.02, and Risk Adjusted Performance of 0.1033 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Target holds a performance score of 12. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Target returns are very sensitive to returns on the market. As the market goes up or down, Target is expected to follow. Although it is vital to follow Target current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. Please operates Target total risk alpha, downside variance, as well as the relationship between the Downside Variance and daily balance of power to make a quick decision on whether Target existing price patterns will revert.

Auto-correlation

    
  0.51  

Modest predictability

Target has modest predictability. Overlapping area represents the amount of predictability between Target time series from 29th of March 2022 to 24th of March 2023 and 24th of March 2023 to 18th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Target price movement. The serial correlation of 0.51 indicates that about 51.0% of current Target price fluctuation can be explain by its past prices.
Correlation Coefficient0.51
Spearman Rank Test0.09
Residual Average0.0
Price Variance280.22

Target lagged returns against current returns

Autocorrelation, which is Target stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Target's stock expected returns. We can calculate the autocorrelation of Target returns to help us make a trade decision. For example, suppose you find that Target stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Target regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Target stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target stock over time.
   Current vs Lagged Prices   
       Timeline  

Target Lagged Returns

When evaluating Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target stock have on its future price. Target autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Target autocorrelation shows the relationship between Target stock current value and its past values and can show if there is a momentum factor associated with investing in Target.
   Regressed Prices   
       Timeline  

Target Investors Sentiment

The influence of Target's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Target. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Target's public news can be used to forecast risks associated with an investment in Target. The trend in average sentiment can be used to explain how an investor holding Target can time the market purely based on public headlines and social activities around Target. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Target's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Target's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Target's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Target.

Target Implied Volatility

    
  23.46  
Target's implied volatility exposes the market's sentiment of Target stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Target's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Target stock will not fluctuate a lot when Target's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Target in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Target's short interest history, or implied volatility extrapolated from Target options trading.

Currently Active Assets on Macroaxis

When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:
Check out Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Target Stock analysis

When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Target technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Target technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Target trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...