TARGET P 3625 Market Value
| 87612EBF2 | 78.08 1.81 2.37% |
| Symbol | TARGET |
Please note, there is a significant difference between TARGET's value and its price as these two are different measures arrived at by different means. Investors typically determine if TARGET is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TARGET'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.
TARGET 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TARGET's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TARGET.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in TARGET on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding TARGET P 3625 or generate 0.0% return on investment in TARGET over 30 days. TARGET is related to or competes with Keurig Dr, Gap,, Lululemon Athletica, Vita Coco, Coca Cola, Citi Trends, and National Beverage. More
TARGET Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TARGET's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TARGET P 3625 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 22.48 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.35 |
TARGET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TARGET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TARGET's standard deviation. In reality, there are many statistical measures that can use TARGET historical prices to predict the future TARGET's volatility.| Risk Adjusted Performance | 0.0167 | |||
| Jensen Alpha | 0.0978 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.03) |
TARGET P 3625 Backtested Returns
At this point, TARGET is very steady. TARGET P 3625 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0733, which indicates the bond had a 0.0733% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for TARGET P 3625, which you can use to evaluate the volatility of the entity. Please validate TARGET's Market Risk Adjusted Performance of (0.02), risk adjusted performance of 0.0167, and Downside Deviation of 2.44 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. The entity has a beta of -0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning TARGET are expected to decrease at a much lower rate. During the bear market, TARGET is likely to outperform the market.
Auto-correlation | -0.62 |
Very good reverse predictability
TARGET P 3625 has very good reverse predictability. Overlapping area represents the amount of predictability between TARGET time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TARGET P 3625 price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current TARGET price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
TARGET P 3625 lagged returns against current returns
Autocorrelation, which is TARGET bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TARGET's bond expected returns. We can calculate the autocorrelation of TARGET returns to help us make a trade decision. For example, suppose you find that TARGET has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TARGET regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TARGET bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TARGET bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TARGET bond over time.
Current vs Lagged Prices |
| Timeline |
TARGET Lagged Returns
When evaluating TARGET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TARGET bond have on its future price. TARGET autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TARGET autocorrelation shows the relationship between TARGET bond current value and its past values and can show if there is a momentum factor associated with investing in TARGET P 3625.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in TARGET Bond
TARGET financial ratios help investors to determine whether TARGET 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 TARGET with respect to the benefits of owning TARGET security.