High Liner Foods Stock Price Transform Average Price

HLF Stock  CAD 15.26  0.10  0.66%   
High Liner price transform tool provides the execution environment for running the Average Price transformation and other technical functions against High Liner. High Liner value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. High Liner price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. High Liner Foods Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

High Liner Technical Analysis Modules

Most technical analysis of High Liner help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for High from various momentum indicators to cycle indicators. When you analyze High charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About High Liner Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of High Liner Foods. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Liner Foods based on widely used predictive technical indicators. In general, we focus on analyzing High Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Liner's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of High Liner's intrinsic value. In addition to deriving basic predictive indicators for High Liner, we also check how macroeconomic factors affect High Liner price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02060.03160.0430.0219
Price To Sales Ratio0.460.320.280.26
Hype
Prediction
LowEstimatedHigh
13.7315.2816.83
Details
Intrinsic
Valuation
LowRealHigh
13.7316.8718.42
Details
Naive
Forecast
LowNextHigh
13.9915.5517.10
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.330.330.33
Details

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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High Liner Foods pair trading

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 High Liner 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 High Liner will appreciate offsetting losses from the drop in the long position's value.

High Liner Pair Trading

High Liner Foods Pair Trading Analysis

The ability to find closely correlated positions to High Liner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace High Liner 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 High Liner - 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 High Liner Foods to buy it.
The correlation of High Liner 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 High Liner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if High Liner Foods 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 High Liner 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in High Stock

High Liner financial ratios help investors to determine whether High 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 High with respect to the benefits of owning High Liner security.