CI Financial Stock Forecast - Day Typical Price
| CIX Stock | CAD 31.22 7.21 30.03% |
CIX Stock Forecast is based on your current time horizon. Although CI Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of CI Financial's systematic risk associated with finding meaningful patterns of CI Financial fundamentals over time.
CIX |
| Previous Day Typical Price | Day Typical Price | Trend |
| 31.26 | 31.26 |
| Check CI Financial Volatility | Backtest CI Financial | Information Ratio |
CI Financial Trading Date Momentum
| On November 26 2024 CI Financial Corp was traded for 31.22 at the closing time. The maximum traded price for the trading interval was 31.41 and the lowest daily price was 31.16 . There was no trading activity during the period 0.0. Lack of trading volume on 26th of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.26% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare CI Financial to competition |
Other Forecasting Options for CI Financial
For every potential investor in CIX, whether a beginner or expert, CI Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. CIX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in CIX. Basic forecasting techniques help filter out the noise by identifying CI Financial's price trends.CI Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CI Financial stock to make a market-neutral strategy. Peer analysis of CI Financial could also be used in its relative valuation, which is a method of valuing CI Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
CI Financial Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of CI Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of CI Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
CI Financial Market Strength Events
Market strength indicators help investors to evaluate how CI Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CI Financial shares will generate the highest return on investment. By undertsting and applying CI Financial stock market strength indicators, traders can identify CI Financial Corp entry and exit signals to maximize returns.
CI Financial Risk Indicators
The analysis of CI Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in CI Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting cix stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.5 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.64 | |||
| Downside Variance | 0.874 | |||
| Semi Variance | (0.53) | |||
| Expected Short fall | (1.90) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with CI Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CI Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CI Financial will appreciate offsetting losses from the drop in the long position's value.Moving against CIX Stock
The ability to find closely correlated positions to CI Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CI Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CI Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CI Financial Corp to buy it.
The correlation of CI Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CI Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CI Financial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CI Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CIX Stock
CI Financial financial ratios help investors to determine whether CIX 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 CIX with respect to the benefits of owning CI Financial security.