Target Healthcare (UK) Market Value
| THRL Stock | 94.20 0.40 0.42% |
| Symbol | Target |
Target Healthcare '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 Healthcare'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 Healthcare.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Target Healthcare on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Target Healthcare REIT or generate 0.0% return on investment in Target Healthcare over 90 days. Target Healthcare is related to or competes with Lindsell Train, Direct Line, Zurich Insurance, New Residential, JPMorgan Japanese, and Ecclesiastical Insurance. Target Healthcare is entity of United Kingdom More
Target Healthcare 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 Healthcare'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 Healthcare REIT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1349 | |||
| Maximum Drawdown | 6.4 | |||
| Value At Risk | (2.21) | |||
| Potential Upside | 2.91 |
Target Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Target Healthcare's standard deviation. In reality, there are many statistical measures that can use Target Healthcare historical prices to predict the future Target Healthcare's volatility.| Risk Adjusted Performance | 0.0797 | |||
| Jensen Alpha | 0.1541 | |||
| Total Risk Alpha | 0.2997 | |||
| Sortino Ratio | 0.1556 | |||
| Treynor Ratio | 0.4922 |
Target Healthcare REIT Backtested Returns
Target Healthcare appears to be very steady, given 3 months investment horizon. Target Healthcare REIT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Target Healthcare REIT, which you can use to evaluate the volatility of the company. Please review Target Healthcare's Semi Deviation of 1.24, coefficient of variation of 1169.35, and Risk Adjusted Performance of 0.0797 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Target Healthcare holds a performance score of 11. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Target Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Target Healthcare is expected to be smaller as well. Please check Target Healthcare's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Target Healthcare's existing price patterns will revert.
Auto-correlation | 0.66 |
Good predictability
Target Healthcare REIT has good predictability. Overlapping area represents the amount of predictability between Target Healthcare time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. 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 Healthcare REIT price movement. The serial correlation of 0.66 indicates that around 66.0% of current Target Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 5.98 |
Target Healthcare REIT lagged returns against current returns
Autocorrelation, which is Target Healthcare 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 Healthcare's stock expected returns. We can calculate the autocorrelation of Target Healthcare returns to help us make a trade decision. For example, suppose you find that Target Healthcare 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 Healthcare 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 Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Target Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Target Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Target Healthcare Lagged Returns
When evaluating Target Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Target Healthcare stock have on its future price. Target Healthcare 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 Healthcare autocorrelation shows the relationship between Target Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Target Healthcare REIT.
Regressed Prices |
| Timeline |
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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 Healthcare's price analysis, check to measure Target Healthcare'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 Healthcare is operating at the current time. Most of Target Healthcare's value examination focuses on studying past and present price action to predict the probability of Target Healthcare'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 Healthcare's price. Additionally, you may evaluate how the addition of Target Healthcare to your portfolios can decrease your overall portfolio volatility.