Target Hospitality Corp Stock Price on May 18, 2024
| TH Stock | USD 11.15 0.04 0.36% |
If you're considering investing in Target Stock, it is important to understand the factors that can impact its price. As of today, the current price of Target Hospitality stands at 11.15, as last reported on the 9th of June, with the highest price reaching 11.19 and the lowest price hitting 11.05 during the day. Target Hospitality appears to be somewhat reliable, given 3 months investment horizon. Target Hospitality Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Target Hospitality Corp, which you can use to evaluate the volatility of the company. Please review Target Hospitality's Coefficient Of Variation of 725.29, risk adjusted performance of 0.094, and Semi Deviation of 0.9183 to confirm if our risk estimates are consistent with your expectations.
Target Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Target |
Sharpe Ratio = 0.1379
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Estimated Market Risk
| 3.45 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.48 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Target Hospitality is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Target Hospitality by adding it to a well-diversified portfolio.
Target Hospitality Valuation on May 18, 2024
It is possible to determine the worth of Target Hospitality on a given historical date. On May 18, 2024 Target was worth 11.55 at the beginning of the trading date compared to the closed value of 11.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target Hospitality stock. Still, in general, we apply an absolute valuation method to find Target Hospitality's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Target Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target Hospitality's related companies.
| Open | High | Low | Close | Volume | |
| 11.63 | 11.69 | 11.48 | 11.51 | 292,993 | |
05/17/2024 | 11.55 | 11.56 | 11.36 | 11.41 | 254,737 |
| 11.46 | 11.55 | 11.43 | 11.48 | 235,175 |
| Backtest Target Hospitality | | | Target Hospitality History | | | Target Hospitality Valuation | Previous | Next |
Target Hospitality Trading Date Momentum on May 18, 2024
| On May 20 2024 Target Hospitality Corp was traded for 11.48 at the closing time. The highest price during the trading period was 11.55 and the lowest recorded bid was listed for 11.43 . The volume for the day was 235.2 K. This history from May 20, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.61% . The trading price change to the current price is 0.70% . |
Target Hospitality Corp Fundamentals Correlations and Trends
By evaluating Target Hospitality's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Target Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Target financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Target Hospitality Stock history
Target Hospitality investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Target is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Target Hospitality Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Target Hospitality stock prices may prove useful in developing a viable investing in Target Hospitality
Target Hospitality Corp. operates as a specialty rental and hospitality services company in North America. The company was founded in 1978 and is headquartered in The Woodlands, Texas. Target Hospitality operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 823 people.
Target Hospitality Stock Technical Analysis
Target Hospitality 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.
Price Boundaries
Target Hospitality Period Price Range
Low | May 17, 2024
| High |
11.55 | 11.41 |
Target Hospitality June 9, 2024 Market Strength
Market strength indicators help investors to evaluate how Target Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Target Hospitality shares will generate the highest return on investment. By undertsting and applying Target Hospitality stock market strength indicators, traders can identify Target Hospitality Corp entry and exit signals to maximize returns
| Accumulation Distribution | 4407.21 | |||
| Daily Balance Of Power | (0.70) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 11.46 | |||
| Day Typical Price | 11.44 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.26) | |||
| Relative Strength Index | 55.44 |
Target Hospitality Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target Hospitality's price direction in advance. Along with the technical and fundamental analysis of Target Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Target to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.094 | |||
| Jensen Alpha | 0.4682 | |||
| Total Risk Alpha | 0.4232 | |||
| Sortino Ratio | 0.3381 | |||
| Treynor Ratio | (1.10) |
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Complementary Tools for Target Stock analysis
When running Target Hospitality's price analysis, check to measure Target Hospitality'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 Hospitality is operating at the current time. Most of Target Hospitality's value examination focuses on studying past and present price action to predict the probability of Target Hospitality'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 Hospitality's price. Additionally, you may evaluate how the addition of Target Hospitality to your portfolios can decrease your overall portfolio volatility.
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