Target Stock Alpha and Beta Analysis
| TGT Stock | USD 167.11 1.19 0.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Target. It also helps investors analyze the systematic and unsystematic risks associated with investing in Target over a specified time horizon. Remember, high Target's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Target's market risk premium analysis include:
Beta 0.94 | Alpha 0.24 | Risk 2.05 | Sharpe Ratio 0.16 | Expected Return 0.33 |
Target Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Target |
Target Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Target market risk premium is the additional return an investor will receive from holding Target long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Target. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Target's performance over market.| α | 0.24 | β | 0.94 |
Target expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Target's Buy-and-hold return. Our buy-and-hold chart shows how Target performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Target Market Price Analysis
Market price analysis indicators help investors to evaluate how Target 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 shares will generate the highest return on investment. By understating and applying Target stock market price indicators, traders can identify Target position entry and exit signals to maximize returns.
Target Return and Market Media
The median price of Target for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 163.32 with a coefficient of variation of 8.52. The daily time series for the period is distributed with a sample standard deviation of 13.41, arithmetic mean of 157.44, and mean deviation of 12.5. The Stock received a lot of media exposure during the period. Price Growth (%) |
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8 | Why Target is a Top Growth Stock for the Long-Term | 04/16/2024 |
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10 | Should We Be Delighted With Target Corporations ROE Of 31 | 04/19/2024 |
About Target Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Target or other stocks. Alpha measures the amount that position in Target has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2011 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.028 | 0.0235 | 0.03 | 0.0258 | Price To Sales Ratio | 0.5 | 0.72 | 0.63 | 0.64 |
Target Upcoming Company Events
As portrayed in its financial statements, the presentation of Target's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Target's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Target's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Target. Please utilize our Beneish M Score to check the likelihood of Target's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 15th of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of January 2023 Last Financial Announcement | View |
Build Portfolio with Target
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Target Backtesting, Target Valuation, Target Correlation, Target Hype Analysis, Target Volatility, Target History and analyze Target Performance. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.
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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.