Target Global Acquisition Stock Performance
| TGAA Stock | USD 11.36 0.01 0.09% |
Target Global has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.0111, which indicates not very significant fluctuations relative to the market. 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 Global Acquisition right now has a risk of 0.12%. Please validate Target Global potential upside, rate of daily change, period momentum indicator, as well as the relationship between the kurtosis and day typical price , to decide if Target Global will be following its existing price patterns.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Target Global Acquisition are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Target Global is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
Five Day Return 0.0881 | Year To Date Return 2.9 | Ten Year Return 15.92 | All Time Return 15.92 |
1 | UBS Offloads Shares Worth Rs 480 Crore In Four Companies - NDTV Profit | 09/20/2024 |
2 | VenHub Global, Inc entered into a definitive business combination agreement to acquire Target Global Acquisition I Corp. from group of sellers in a reverse merg... | 12/02/2024 |
3 | Target Global extends deadline for business combination | 12/10/2024 |
| Begin Period Cash Flow | 394.3 K |
Target |
Target Global Relative Risk vs. Return Landscape
If you would invest 1,126 in Target Global Acquisition on September 13, 2024 and sell it today you would earn a total of 10.00 from holding Target Global Acquisition or generate 0.89% return on investment over 90 days. Target Global Acquisition is currently generating 0.0141% in daily expected returns and assumes 0.1193% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than Target, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Target Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Target Global Acquisition, and traders can use it to determine the average amount a Target Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1182
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| Negative Returns | TGAA |
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.
Target Global Fundamentals Growth
Target Stock prices reflect investors' perceptions of the future prospects and financial health of Target Global, and Target Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Target Stock performance.
| Return On Asset | -0.0262 | ||||
| Current Valuation | 82.56 M | ||||
| Shares Outstanding | 7.13 M | ||||
| Price To Book | 4.78 X | ||||
| 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 | (0.73) X | ||||
| Cash Flow From Operations | (1.27 M) | ||||
| Earnings Per Share | (0.39) X | ||||
| Market Capitalization | 81.26 M | ||||
| Total Asset | 43.45 M | ||||
| Retained Earnings | (6.83 M) | ||||
| Working Capital | (3.07 M) | ||||
About Target Global Performance
By analyzing Target Global's fundamental ratios, stakeholders can gain valuable insights into Target Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Target Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Target Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Target Global Acquisition performance evaluation
Checking the ongoing alerts about Target Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Target Global Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Target Global Acquisition currently holds about 416.82 K in cash with (1.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Target Global has a frail financial position based on the latest SEC disclosures | |
| Roughly 75.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from investing.com: Target Global extends deadline for business combination |
- Analyzing Target Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Target Global's stock is overvalued or undervalued compared to its peers.
- Examining Target Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Target Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Target Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Target Global's stock. These opinions can provide insight into Target Global's potential for growth and whether the stock is currently undervalued or overvalued.
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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