Interfor Corp Stock Forecast - Rate Of Daily Change
| IFP Stock | CAD 20.95 0.11 0.52% |
Interfor Stock Forecast is based on your current time horizon. Although Interfor Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Interfor Corp's systematic risk associated with finding meaningful patterns of Interfor Corp fundamentals over time.
Interfor |
| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 1.01 | 0.99 |
| Check Interfor Corp Volatility | Backtest Interfor Corp | Information Ratio |
Interfor Corp Trading Date Momentum
| On November 27 2024 Interfor Corp was traded for 20.95 at the closing time. The maximum traded price for the trading interval was 21.23 and the lowest daily price was 20.43 . There was no trading activity during the period 0.0. Lack of trading volume on 27th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.86% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for Interfor Corp
For every potential investor in Interfor, whether a beginner or expert, Interfor Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Interfor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Interfor. Basic forecasting techniques help filter out the noise by identifying Interfor Corp's price trends.Interfor Corp 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 Interfor Corp stock to make a market-neutral strategy. Peer analysis of Interfor Corp could also be used in its relative valuation, which is a method of valuing Interfor Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Interfor 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 Interfor Corp'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 Interfor Corp's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Interfor Corp Market Strength Events
Market strength indicators help investors to evaluate how Interfor Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Interfor Corp shares will generate the highest return on investment. By undertsting and applying Interfor Corp stock market strength indicators, traders can identify Interfor Corp entry and exit signals to maximize returns.
Interfor Corp Risk Indicators
The analysis of Interfor Corp'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 Interfor Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interfor 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 | 1.82 | |||
| Semi Deviation | 1.71 | |||
| Standard Deviation | 2.47 | |||
| Variance | 6.11 | |||
| Downside Variance | 3.63 | |||
| Semi Variance | 2.92 | |||
| Expected Short fall | (2.30) |
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 Interfor Corp
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 Interfor Corp 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 Interfor Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Interfor Stock
| 0.67 | AG | First Majestic Silver | PairCorr |
| 0.67 | IE | Ivanhoe Energy | PairCorr |
| 0.71 | FDY | Faraday Copper Corp | PairCorr |
Moving against Interfor Stock
The ability to find closely correlated positions to Interfor Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interfor Corp 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 Interfor Corp - 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 Interfor Corp to buy it.
The correlation of Interfor Corp 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 Interfor Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interfor 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 Interfor Corp 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 Interfor Stock
Interfor Corp financial ratios help investors to determine whether Interfor 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 Interfor with respect to the benefits of owning Interfor Corp security.