Target Global Acquisition Stock Performance
| TGAAU Stock | USD 11.28 0.00 0.00% |
The entity has a beta of 0.0027, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Target Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target Global is expected to be smaller as well. At this point, Target Global Acquisition has a negative expected return of -0.0014%. Please make sure to validate Target Global's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Target Global Acquisition performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Target Global Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Target Global is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return (0.97) | Year To Date Return 2.27 | Ten Year Return 13.37 | All Time Return 13.37 |
1 | Acquisition by Shmuel Chafets of 100000 shares of Target Global subject to Rule 16b-3 | 10/10/2024 |
2 | Target Global Acquisition I Corp. Enters Merger with VenHub - TipRanks | 12/03/2024 |
| Begin Period Cash Flow | 394.3 K |
Target |
Target Global Relative Risk vs. Return Landscape
If you would invest 1,129 in Target Global Acquisition on September 12, 2024 and sell it today you would lose (1.00) from holding Target Global Acquisition or give up 0.09% of portfolio value over 90 days. Target Global Acquisition is currently producing negative expected returns and takes up 0.0112% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Target, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Target Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Target Global Acquisition, and traders can use it to determine the average amount a Target Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.126
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Based on monthly moving average Target Global is not performing at its full potential. However, 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 Global by adding Target Global to a well-diversified portfolio.
Target Global Fundamentals Growth
Target Stock prices reflect investors' perceptions of the future prospects and financial health of Target Global, and Target Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Target Stock performance.
| Return On Asset | -0.0262 | ||||
| Current Valuation | 81.99 M | ||||
| EBITDA | 3.56 M | ||||
| Net Income | 3.56 M | ||||
| Cash And Equivalents | 416.82 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 2.01 M | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | (0.73) X | ||||
| Cash Flow From Operations | (1.27 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 43.45 M | ||||
| Retained Earnings | (6.83 M) | ||||
| Working Capital | (3.07 M) | ||||
About Target Global Performance
Assessing Target Global's fundamental ratios provides investors with valuable insights into Target Global's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Target Global is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Target Global Acquisition performance evaluation
Checking the ongoing alerts about Target Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Target Global Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Target Global generated a negative expected return over the last 90 days | |
| Target Global has a very high chance of going through financial distress in the upcoming years | |
| Target Global Acquisition has accumulated about 416.82 K in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Target Global has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Target Global Acquisition I Corp. Enters Merger with VenHub - TipRanks |
- Analyzing Target Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Target Global's stock is overvalued or undervalued compared to its peers.
- Examining Target Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Target Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Target Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Target Global's stock. These opinions can provide insight into Target Global's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Target Stock Analysis
When running Target Global's price analysis, check to measure Target Global'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 Global is operating at the current time. Most of Target Global's value examination focuses on studying past and present price action to predict the probability of Target Global'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 Global's price. Additionally, you may evaluate how the addition of Target Global to your portfolios can decrease your overall portfolio volatility.