Target Corp (UK) Probability of Future Stock Price Finishing Over 132.97
| 0LD8 Stock | 129.30 1.70 1.30% |
Target |
Target Corp Target Price Odds to finish over 132.97
The tendency of Target Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 132.97 or more in 90 days |
| 129.30 | 90 days | 132.97 | over 95.04 |
Based on a normal probability distribution, the odds of Target Corp to move over 132.97 or more in 90 days from now is over 95.04 (This Target Corp probability density function shows the probability of Target Stock to fall within a particular range of prices over 90 days) . Probability of Target Corp price to stay between its current price of 129.30 and 132.97 at the end of the 90-day period is roughly 2.95 .
Assuming the 90 days trading horizon Target Corp has a beta of 0.45. This suggests as returns on the market go up, Target Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Target Corp will be expected to be much smaller as well. Additionally Target Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Target Corp Price Density |
| Price |
Predictive Modules for Target Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Target Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Target Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Target Corp is not an exception. The market had few large corrections towards the Target Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Target Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Target Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.23 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 9.13 | |
Ir | Information ratio | -0.09 |
Target Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Target Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Target Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Target Corp generated a negative expected return over the last 90 days | |
| Target Corp has high historical volatility and very poor performance | |
| Target Corp is unlikely to experience financial distress in the next 2 years | |
| Over 85.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Target sounds the alarm bell on holiday shopping - CNN |
Target Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Target Stock often depends not only on the future outlook of the current and potential Target Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Target Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 462.8 M | |
| Cash And Short Term Investments | 3.8 B |
Target Corp Technical Analysis
Target Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Target Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Target Corp. In general, you should focus on analyzing Target Stock price patterns and their correlations with different microeconomic environments and drivers.
Target Corp Predictive Forecast Models
Target Corp's time-series forecasting models is one of many Target Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Target Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Target Corp
Checking the ongoing alerts about Target Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Target Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Target Corp generated a negative expected return over the last 90 days | |
| Target Corp has high historical volatility and very poor performance | |
| Target Corp is unlikely to experience financial distress in the next 2 years | |
| Over 85.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Target sounds the alarm bell on holiday shopping - CNN |
Additional Tools for Target Stock Analysis
When running Target Corp's price analysis, check to measure Target Corp'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 Corp is operating at the current time. Most of Target Corp's value examination focuses on studying past and present price action to predict the probability of Target Corp'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 Corp's price. Additionally, you may evaluate how the addition of Target Corp to your portfolios can decrease your overall portfolio volatility.