Targa Resources Stock Alpha and Beta Analysis
| TRGP Stock | USD 190.30 7.44 4.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Targa Resources. It also helps investors analyze the systematic and unsystematic risks associated with investing in Targa Resources over a specified time horizon. Remember, high Targa Resources' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Targa Resources' market risk premium analysis include:
Beta 0.87 | Alpha 0.0168 | Risk 2.12 | Sharpe Ratio 0.0424 | Expected Return 0.0899 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Targa |
Targa Resources Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Targa Resources market risk premium is the additional return an investor will receive from holding Targa Resources long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Targa Resources. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Targa Resources' performance over market.| α | 0.02 | β | 0.87 |
Targa Resources expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Targa Resources' Buy-and-hold return. Our buy-and-hold chart shows how Targa Resources performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Targa Resources Market Price Analysis
Market price analysis indicators help investors to evaluate how Targa Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Targa Resources shares will generate the highest return on investment. By understating and applying Targa Resources stock market price indicators, traders can identify Targa Resources position entry and exit signals to maximize returns.
Targa Resources Return and Market Media
The median price of Targa Resources for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 195.68 with a coefficient of variation of 6.05. The daily time series for the period is distributed with a sample standard deviation of 11.7, arithmetic mean of 193.56, and mean deviation of 10.22. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 6211 shares by Robert Muraro of Targa Resources at 215.72 subject to Rule 16b-3 | 01/17/2025 |
2 | Acquisition by Patrick McDonie of 455 shares of Targa Resources subject to Rule 16b-3 | 01/21/2025 |
3 | Targa Resources Corp Q4 2024 Earnings Call Highlights Record EBITDA and Strategic ... | 02/21/2025 |
4 | Targa Resources Corp. Prices 2.0 Billion Offering of Senior Notes | 02/25/2025 |
5 | Disposition of 2200 shares by Rene Joyce of Targa Resources subject to Rule 16b-3 | 02/26/2025 |
6 | Insider Selling Matthew J Meloy Unloads 9.53M Of Targa Resources Stock | 02/27/2025 |
7 | Is Targa Resources Corp. The Best Crude Oil Stock To Buy Right Now | 02/28/2025 |
8 | Targa Resources Corp Shares Gap Down to 188.23 on Mar 4 | 03/04/2025 |
9 | Disposition of 2236 shares by Paul Chung of Targa Resources at 202.1788 subject to Rule 16b-3 | 03/05/2025 |
10 | Targa Resources Price Target Raised to 221.00 | 03/06/2025 |
11 | 1,345 Shares in Targa Resources Corp. Acquired by Carl Stuart Investment Advisor Inc. | 03/13/2025 |
About Targa Resources Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Targa or other stocks. Alpha measures the amount that position in Targa Resources has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2025 (projected) | Dividend Yield | 0.0227 | 0.0219 | 0.0149 | Price To Sales Ratio | 0.8 | 1.21 | 2.52 |
Targa Resources Upcoming Company Events
As portrayed in its financial statements, the presentation of Targa Resources' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Targa Resources' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Targa Resources' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Targa Resources. Please utilize our Beneish M Score to check the likelihood of Targa Resources' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Targa Resources
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Additional Tools for Targa Stock Analysis
When running Targa Resources' price analysis, check to measure Targa Resources' 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 Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.