The best indicator for Target Corporation (TGT)
We backtested 382 indicators across daily, weekly and hourly charts on real Target Corporation (TGT) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Target Corporation (TGT) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Fisher Center-of-Gravity
On the weekly chart, this is the strongest risk-adjusted edge we found for Target Corporation (TGT) over ~53.5 years — trailing buy-and-hold by 2.0% CAGR.
Target Corporation (TGT) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Target Corporation (TGT) — trailing buy-and-hold by 3.6% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Fisher Center-of-Gravity ✓ | Weekly | 11.1% | 0.71 | -32.0% | 57.4% | 263 | -2.0% |
| 2 | Center of Gravity ✓ | Weekly | 10.2% | 0.59 | -48.7% | 52.4% | 330 | -2.9% |
| 3 | Q-Stick ✓ | Weekly | 11.0% | 0.59 | -47.6% | 47.3% | 245 | -2.1% |
| 4 | QQE ✓ | Weekly | 13.6% | 0.59 | -63.0% | 44.0% | 166 | 0.5% |
| 5 | Ehlers Roofing Filter ✓ | Daily | 10.6% | 0.58 | -41.0% | 50.2% | 245 | -2.4% |
| 6 | Ehlers Reflex ✓ | Weekly | 10.7% | 0.58 | -57.2% | 65.5% | 87 | -2.4% |
| 7 | Zero-Lag MACD ✓ | Weekly | 10.0% | 0.57 | -44.7% | 58.1% | 227 | -3.1% |
| 8 | Zero-Lag MACD ✓ | Weekly | 10.0% | 0.57 | -44.7% | 58.1% | 227 | -3.1% |
| 9 | KDJ ✓ | Weekly | 9.8% | 0.56 | -36.2% | 47.3% | 256 | -3.3% |
| 10 | Stoch RSI (fast) ✓ | Weekly | 9.6% | 0.56 | -36.3% | 48.0% | 296 | -3.5% |
| 11 | Detrended Price Osc. ✓ | Weekly | 10.1% | 0.55 | -48.0% | 58.4% | 305 | -3.0% |
| 12 | Arnaud Legoux MA ✓ | Weekly | 9.7% | 0.55 | -39.7% | 50.6% | 259 | -3.4% |
| 13 | Gann HiLo Activator ✓ | Weekly | 10.0% | 0.55 | -41.7% | 49.2% | 197 | -3.1% |
| 14 | Price Volume Trend ✓ | Weekly | 10.1% | 0.54 | -58.0% | 51.6% | 124 | -3.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Target Corporation (TGT)
23 of 724 tested setups beat buy-and-hold on Target Corporation (TGT) outright. Another 237 could get there with leverage they would survive — but 335 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Zero-Lag MACD | 2 | none needed | 3.06× |
| QQE | 1 | 1.14× | 1.68× |
| MACD | 1 | 1.17× | 2.14× |
| Hull MA 15/60 Cross | 1 | 1.35× | 2.11× |
| Know Sure Thing | 1 | 1.36× | 2.01× |
| TRIX (15) | 1 | 1.56× | 2.38× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Target Corporation (TGT), Fisher Center-of-Gravity on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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