Target (Mexico) Market Value

TGT Stock  MXN 2,664  8.95  0.34%   
Target's market value is the price at which a share of Target trades on a public exchange. It measures the collective expectations of Target investors about its performance. Target is trading at 2664.00 as of the 24th of December 2024; that is 0.34% increase since the beginning of the trading day. The stock's open price was 2655.05.
With this module, you can estimate the performance of a buy and hold strategy of Target and determine expected loss or profit from investing in Target over a given investment horizon. Check out Target Correlation, Target Volatility and Target Alpha and Beta module to complement your research on Target.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Symbol

Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Target 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Target's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Target.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Target on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Target or generate 0.0% return on investment in Target over 30 days. Target is related to or competes with Dollar Tree, and Burlington Stores. Target Corporation operates as a general merchandise retailer in the United States More

Target Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Target's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Target upside and downside potential and time the market with a certain degree of confidence.

Target Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target's standard deviation. In reality, there are many statistical measures that can use Target historical prices to predict the future Target's volatility.
Hype
Prediction
LowEstimatedHigh
2,6522,6552,658
Details
Intrinsic
Valuation
LowRealHigh
2,3862,3902,921
Details

Target Backtested Returns

Target owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0475, which indicates the firm had a -0.0475% return per unit of risk over the last 3 months. Target exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Target's Risk Adjusted Performance of (0.02), coefficient of variation of (2,802), and Variance of 9.88 to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Target's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target is expected to be smaller as well. At this point, Target has a negative expected return of -0.15%. Please make sure to validate Target's daily balance of power, and the relationship between the skewness and day typical price , to decide if Target performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

Target has insignificant reverse predictability. Overlapping area represents the amount of predictability between Target time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Target price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Target price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test-0.04
Residual Average0.0
Price Variance1368.84

Target lagged returns against current returns

Autocorrelation, which is Target stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Target's stock expected returns. We can calculate the autocorrelation of Target returns to help us make a trade decision. For example, suppose you find that Target has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Target regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Target stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target stock over time.
   Current vs Lagged Prices   
       Timeline  

Target Lagged Returns

When evaluating Target's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target stock have on its future price. Target autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Target autocorrelation shows the relationship between Target stock current value and its past values and can show if there is a momentum factor associated with investing in Target.
   Regressed Prices   
       Timeline  

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional 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.