Targa Resources (Germany) Price on November 27, 2024
| TAR Stock | EUR 193.10 1.70 0.89% |
If you're considering investing in Targa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Targa Resources stands at 193.10, as last reported on the 27th of November, with the highest price reaching 194.05 and the lowest price hitting 190.70 during the day. Targa Resources appears to be very steady, given 3 months investment horizon. Targa Resources Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.33, which indicates the firm had a 0.33% return per unit of risk over the last 3 months. By inspecting Targa Resources' technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Targa Resources' Semi Deviation of 1.29, coefficient of variation of 296.7, and Risk Adjusted Performance of 0.2636 to confirm if our risk estimates are consistent with your expectations.
Targa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Targa |
Sharpe Ratio = 0.3269
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Targa Resources is performing at about 25% 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 Targa Resources by adding it to a well-diversified portfolio.
Targa Resources Valuation on November 27, 2024
It is possible to determine the worth of Targa Resources on a given historical date. On November 27, 2024 Targa was worth 190.7 at the beginning of the trading date compared to the closed value of 193.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Targa Resources stock. Still, in general, we apply an absolute valuation method to find Targa Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Targa Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Targa Resources' related companies.
| Open | High | Low | Close | Volume | |
| 190.70 | 194.05 | 190.70 | 193.10 | 2.00 | |
11/27/2024 | 190.70 | 194.05 | 190.70 | 193.10 | 0.00 |
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Targa Resources Trading Date Momentum on November 27, 2024
| On November 27 2024 Targa Resources Corp was traded for 193.10 at the closing time. The highest daily price throughout the period was 194.05 and the lowest price was 190.70 . There was no trading activity during the period 0.0. Lack of trading volume on 11/27/2024 did not result in any price rise and fall. The trading price change to current closing price is 1.24% . |
Targa Resources Corp Fundamentals Correlations and Trends
By evaluating Targa Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Targa Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Targa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Targa Resources Stock history
Targa Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Targa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Targa Resources Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Targa Resources stock prices may prove useful in developing a viable investing in Targa Resources
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas. TARGA RESOURCES operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2460 people.
Targa Resources Stock Technical Analysis
Targa Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Targa Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Targa Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Targa Resources November 27, 2024 Market Strength
Market strength 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 undertsting and applying Targa Resources stock market strength indicators, traders can identify Targa Resources Corp entry and exit signals to maximize returns
Targa Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Targa Resources' price direction in advance. Along with the technical and fundamental analysis of Targa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Targa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2636 | |||
| Jensen Alpha | 0.5428 | |||
| Total Risk Alpha | 0.3276 | |||
| Sortino Ratio | 0.247 | |||
| Treynor Ratio | 0.9283 |
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Complementary 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.
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