TARGA Financials
87612BBL5 | 100.28 0.73 0.72% |
TARGA |
Please note, the presentation of TARGA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TARGA's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TARGA's management manipulating its earnings.
Instrument | USA Bond |
Exchange | Bond Exchange |
ISIN | US87612BBL53 |
Sector | Oil And Gas |
Industry | Industrial |
Benchmark | Dow Jones Industrial |
Website | www.targaresources.com/ |
TARGA RES PARTNERS Systematic Risk
TARGA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TARGA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on TARGA RES PARTNERS correlated with the market. If Beta is less than 0 TARGA generally moves in the opposite direction as compared to the market. If TARGA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TARGA RES PARTNERS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TARGA is generally in the same direction as the market. If Beta > 1 TARGA moves generally in the same direction as, but more than the movement of the benchmark.
TARGA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TARGA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TARGA RES PARTNERS. We use our internally-developed statistical techniques to arrive at the intrinsic value of TARGA RES PARTNERS based on widely used predictive technical indicators. In general, we focus on analyzing TARGA Bond price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TARGA's daily price indicators and compare them against related drivers.
Information Ratio | (0.81) | |||
Maximum Drawdown | 1.09 | |||
Value At Risk | (0.31) | |||
Potential Upside | 0.1683 |
Other Information on Investing in TARGA Bond
TARGA financial ratios help investors to determine whether TARGA Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TARGA with respect to the benefits of owning TARGA security.