Target Return on Investment vs Inventory Turnover Analysis

TGT -- USA Stock  

Fiscal Quarter End: October 31, 2019  

Target financial indicator trend analysis is much more than just breaking down Target prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Target is a good investment. Please check the relationship between Target Return on Investment and its Inventory Turnover accounts. Also please take a look at World Market Map.

Return on Investment vs Inventory Turnover

Accounts Relationship

Return on Investment vs Inventory Turnover

Significance: Strong Contrarian Relationship

Return on Investment diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Target Return on Investment account and Inventory Turnover

Correlation Coefficient

Relationship DirectionNegative 
Relationship StrengthWeak

Return on Investment

Inventory Turnover