Target (Brazil) Price on November 23, 2023
TGTB34 Stock | BRL 797.50 7.56 0.94% |
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 stands at 797.50, as last reported on the 23rd of December, with the highest price reaching 801.64 and the lowest price hitting 788.80 during the day. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0093, which indicates the firm had a -0.0093% 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 Variance of 11.52, risk adjusted performance of 0.0047, and Coefficient Of Variation of (27,023) to confirm the risk estimate we provide.
Target Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Target |
Sharpe Ratio = -0.0093
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Estimated Market Risk
3.47 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Target 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 by adding Target to a well-diversified portfolio.
Target Valuation on November 23, 2023
It is possible to determine the worth of Target on a given historical date. On November 23, 2023 Target was worth 633.16 at the beginning of the trading date compared to the closed value of 628.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target stock. Still, in general, we apply an absolute valuation method to find Target'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target's related companies.
Open | High | Low | Close | Volume | |
627.48 | 627.48 | 625.34 | 625.34 | 28.00 | |
11/22/2023 | 633.16 | 633.16 | 628.10 | 628.10 | 4.00 |
628.44 | 629.96 | 628.44 | 629.96 | 115.00 |
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Target Trading Date Momentum on November 23, 2023
On November 24 2023 Target was traded for 629.96 at the closing time. The highest price during the trading period was 629.96 and the lowest recorded bid was listed for 628.44 . The volume for the day was 115. This history from November 24, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.30% . The trading price change to the current price is 3.73% . |
Target Fundamentals Correlations and Trends
By evaluating Target'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'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 Stock history
Target 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 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 stock prices may prove useful in developing a viable investing in Target
Target Corporation operates as a general merchandise retailer in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota. TARGET CORP operates under Discount Stores classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 409000 people.
Target Stock Technical Analysis
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.
Price Boundaries
Target Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Target cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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 December 23, 2024 Market Strength
Market strength 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 undertsting and applying Target stock market strength indicators, traders can identify Target entry and exit signals to maximize returns
Target Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target'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 | 0.0047 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | 0.1742 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
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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Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
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Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |