Target Global Acquisition Stock Beta
| TGAAU Stock | USD 11.28 0.00 0.00% |
Target Global Acquisition fundamentals help investors to digest information that contributes to Target Global's financial success or failures. It also enables traders to predict the movement of Target Stock. The fundamental analysis module provides a way to measure Target Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Target Global stock.
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Target Global Acquisition Company Beta Analysis
Target Global's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Target Global Beta | 0.013 |
Most of Target Global's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Target Global Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Target Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Target Global is extremely important. It helps to project a fair market value of Target Stock properly, considering its historical fundamentals such as Beta. Since Target Global's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Target Global's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Target Global's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Target Global Acquisition has a Beta of 0.013. This is 98.41% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The beta for all United States stocks is 108.67% lower than that of the firm.
Target Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Target Global's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Target Global could also be used in its relative valuation, which is a method of valuing Target Global by comparing valuation metrics of similar companies.Target Global is currently under evaluation in beta category among its peers.
Target Global ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Target Global's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Target Global's managers, analysts, and investors.Environmental | Governance | Social |
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.
Target Fundamentals
| 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 | (0.22) X | |||
| Cash Flow From Operations | (1.27 M) | |||
| Earnings Per Share | (0.02) X | |||
| Beta | 0.013 | |||
| Total Asset | 43.45 M | |||
| Retained Earnings | (6.83 M) | |||
| Working Capital | (3.07 M) | |||
| Net Asset | 43.45 M |
About Target Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Target Global Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Target Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Target Global Acquisition based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.