Targa Resources' market value is the price at which a share of Targa Resources trades on a public exchange. It measures the collective expectations of Targa Resources Corp investors about its performance. Targa Resources is trading at 140.55 as of the 28th of July 2025. This is a 0.21% down since the beginning of the trading day. The stock's lowest day price was 140.55. With this module, you can estimate the performance of a buy and hold strategy of Targa Resources Corp and determine expected loss or profit from investing in Targa Resources over a given investment horizon. Check out Targa Resources Correlation, Targa Resources Volatility and Targa Resources Alpha and Beta module to complement your research on Targa Resources. For more detail on how to invest in Targa Stock please use our How to Invest in Targa Resources guide.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Targa Resources' 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.
Targa Resources '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 Targa Resources' stock 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 Targa Resources.
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04/29/2025
No Change 0.00
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In 3 months and 1 day
07/28/2025
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If you would invest 0.00 in Targa Resources on April 29, 2025 and sell it all today you would earn a total of 0.00 from holding Targa Resources Corp or generate 0.0% return on investment in Targa Resources over 90 days. Targa Resources is related to or competes with REVO INSURANCE, RESONANCE HEALTH, Siemens Healthineers, Goosehead Insurance, ZURICH INSURANCE, and Acadia Healthcare. Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops... More
Targa Resources 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 Targa Resources' stock 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 Targa Resources Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Targa Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Targa Resources' standard deviation. In reality, there are many statistical measures that can use Targa Resources historical prices to predict the future Targa Resources' volatility.
Targa Resources Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0704, which indicates the firm had a -0.0704 % return per unit of risk over the last 3 months. Targa Resources Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Targa Resources' Coefficient Of Variation of (1,421), risk adjusted performance of (0.05), and Variance of 3.75 to confirm the risk estimate we provide. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Targa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Targa Resources is expected to be smaller as well. At this point, Targa Resources Corp has a negative expected return of -0.14%. Please make sure to validate Targa Resources' daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Targa Resources Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
0.12
Insignificant predictability
Targa Resources Corp has insignificant predictability. Overlapping area represents the amount of predictability between Targa Resources time series from 29th of April 2025 to 13th of June 2025 and 13th of June 2025 to 28th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Targa Resources Corp price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Targa Resources price fluctuation can be explain by its past prices.
Correlation Coefficient
0.12
Spearman Rank Test
0.06
Residual Average
0.0
Price Variance
10.19
Targa Resources Corp lagged returns against current returns
Autocorrelation, which is Targa Resources stock'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 Targa Resources' stock expected returns. We can calculate the autocorrelation of Targa Resources returns to help us make a trade decision. For example, suppose you find that Targa Resources has exhibited high autocorrelation historically, and you observe that the stock 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
Targa Resources 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 Targa Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Targa Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Targa Resources stock over time.
Current vs Lagged Prices
Timeline
Targa Resources Lagged Returns
When evaluating Targa Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Targa Resources stock have on its future price. Targa Resources 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, Targa Resources autocorrelation shows the relationship between Targa Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Targa Resources Corp.
Targa Resources financial ratios help investors to determine whether Targa Stock 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 Resources security.