High Stock Forecast is based on your current time horizon. Although High Liner's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of High Liner's systematic risk associated with finding meaningful patterns of High Liner fundamentals over time.
On October 1, 2024 High Liner Foods had Accumulation Distribution of 306.23. The accumulation distribution (A/D) indicator shows the degree to which High Liner is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of High Liner Foods to determine if accumulation or reduction is taking place in the market. This value is adjusted by High Liner trading volume to give more weight to distributions with higher volume over lower volume.
On October 02 2024 High Liner Foods was traded for 12.41 at the closing time. The maximum traded price for the trading interval was 12.57 and the lowest daily price was 12.37 . The daily volume was recorded at 12.3 K. The volume of trading on 2nd of October 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.56% . The trading delta at closing time to the closing price today is 2.96% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in High, whether a beginner or expert, High Liner's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. High Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in High. Basic forecasting techniques help filter out the noise by identifying High Liner's price trends.
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 High Liner stock to make a market-neutral strategy. Peer analysis of High Liner could also be used in its relative valuation, which is a method of valuing High Liner by comparing valuation metrics with similar companies.
High Liner Foods 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 High Liner'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 High Liner's current price.
Market strength indicators help investors to evaluate how High Liner stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading High Liner shares will generate the highest return on investment. By undertsting and applying High Liner stock market strength indicators, traders can identify High Liner Foods entry and exit signals to maximize returns.
The analysis of High Liner'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 High Liner's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting high 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.
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 High Liner
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.
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.
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.