Target Global Acquisition Stock Price on May 2, 2024
| TGAA Stock | USD 11.36 0.01 0.09% |
If you're considering investing in Target Stock, it is important to understand the factors that can impact its price. As of today, the current price of Target Global stands at 11.36, as last reported on the 14th of December 2024, with the highest price reaching 11.36 and the lowest price hitting 11.36 during the day. At this point, Target Global is very steady. Target Global Acquisition owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Target Global Acquisition, which you can use to evaluate the volatility of the company. Please validate Target Global's Coefficient Of Variation of 865.77, variance of 0.0136, and Risk Adjusted Performance of 0.0315 to confirm if the risk estimate we provide is consistent with the expected return of 0.0139%.
At present, Target Global's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. Other Stockholder Equity is expected to grow at the current pace this year, whereas Total Stockholder Equity is forecasted to decline to about 34.8 M. . At present, Target Global's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 5.45, whereas Price To Operating Cash Flows Ratio is forecasted to decline to (156.91). Target Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Target |
Sharpe Ratio = 0.1173
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Estimated Market Risk
| 0.12 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Target Global is performing at about 9% of its full potential. 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 it to a well-diversified portfolio.
Price Book 4.7784 | Book Value (0.73) | Enterprise Value 82.6 M | Enterprise Value Ebitda (49.21) | Shares Float 1.8 M |
Target Global Valuation on May 2, 2024
It is possible to determine the worth of Target Global on a given historical date. On May 2, 2024 Target was worth 11.25 at the beginning of the trading date compared to the closed value of 11.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target Global stock. Still, in general, we apply an absolute valuation method to find Target Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Target Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target Global's related companies.
| Open | High | Low | Close | Volume | |
| 11.29 | 11.29 | 11.29 | 11.29 | 14.00 | |
05/02/2024 | 11.25 | 11.25 | 11.25 | 11.25 | 100.00 |
| 11.25 | 11.25 | 11.25 | 11.25 | 1.00 |
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Target Global Trading Date Momentum on May 2, 2024
| On May 03 2024 Target Global Acquisition was traded for 11.25 at the closing time. The top price for the day was 11.25 and the lowest listed price was 11.25 . There was no trading activity during the period 1.0. Lack of trading volume on May 3, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.36% . |
Target Global Acquisition Fundamentals Correlations and Trends
By evaluating Target Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Target Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Target financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Target Global Stock history
Target Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Target is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Target Global Acquisition will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Target Global stock prices may prove useful in developing a viable investing in Target Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.2 M | 18.9 M | |
| Net Income Applicable To Common Shares | 2.3 M | 2.4 M |
Target Global Stock Technical Analysis
Target Global 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.
Price Boundaries
Target Global Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Target Global Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Target Global December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Target Global 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 Global shares will generate the highest return on investment. By undertsting and applying Target Global stock market strength indicators, traders can identify Target Global Acquisition entry and exit signals to maximize returns
Target Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target Global's price direction in advance. Along with the technical and fundamental analysis of Target Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Target to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0315 | |||
| Jensen Alpha | 0.0024 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.2961 |
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Complementary 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.
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