Target Global Acquisition Stock Probability of Future Stock Price Finishing Under 11.31
| TGAA Stock | USD 11.35 0.03 0.27% |
Target |
Target Global Target Price Odds to finish below 11.31
The tendency of Target Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 11.31 or more in 90 days |
| 11.35 | 90 days | 11.31 | about 86.67 |
Based on a normal probability distribution, the odds of Target Global to drop to $ 11.31 or more in 90 days from now is about 86.67 (This Target Global Acquisition probability density function shows the probability of Target Stock to fall within a particular range of prices over 90 days) . Probability of Target Global Acquisition price to stay between $ 11.31 and its current price of $11.35 at the end of the 90-day period is about 10.78 .
Given the investment horizon of 90 days Target Global Acquisition has a beta of -0.0176. This usually implies as returns on the benchmark increase, returns on holding Target Global are expected to decrease at a much lower rate. During a bear market, however, Target Global Acquisition is likely to outperform the market. Additionally Target Global Acquisition has an alpha of 0.0044, implying that it can generate a 0.004355 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Target Global Price Density |
| Price |
Predictive Modules for Target Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Target Global Acquisition. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Target Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Target Global is not an exception. The market had few large corrections towards the Target Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Target Global Acquisition, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Target Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.03 | |
Ir | Information ratio | -1.29 |
Target Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Target Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Target Global Acquisition can help investors quickly react to important events or material 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 |
Target Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Target Stock often depends not only on the future outlook of the current and potential Target Global's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Target Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 17.2 M | |
| Cash And Short Term Investments | 4625.00 |
Target Global Technical Analysis
Target Global's future price can be derived by breaking down and analyzing its technical indicators over time. Target Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Target Global Acquisition. In general, you should focus on analyzing Target Stock price patterns and their correlations with different microeconomic environments and drivers.
Target Global Predictive Forecast Models
Target Global's time-series forecasting models is one of many Target Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Target Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Target Global Acquisition
Checking the ongoing alerts about Target Global for important developments is a great way to find new opportunities for your next move. Our 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 |
Check out Target Global Backtesting, Target Global Valuation, Target Global Correlation, Target Global Hype Analysis, Target Global Volatility, Target Global History as well as Target Global Performance. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target Global. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.313 | Earnings Share 0.14 | Return On Assets (0.03) |
The market value of Target Global Acquisition is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Global's value that differs from its market value or its book value, called intrinsic value, which is Target Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target Global's market value can be influenced by many factors that don't directly affect Target Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.