Maple Leaf Stock Forecast - Relative Strength Index
MFI Stock | CAD 22.76 0.58 2.49% |
Maple Stock Forecast is based on your current time horizon. Although Maple Leaf's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Maple Leaf's systematic risk associated with finding meaningful patterns of Maple Leaf fundamentals over time.
Maple |
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Maple Leaf Trading Date Momentum
On November 25 2024 Maple Leaf Foods was traded for 23.34 at the closing time. The maximum traded price for the trading interval was 23.38 and the lowest daily price was 22.73 . The daily volume was recorded at 296.4 K. The volume of trading on 25th of November 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 3.18% . The trading delta at closing time to the closing price today is 2.21% . |
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Other Forecasting Options for Maple Leaf
For every potential investor in Maple, whether a beginner or expert, Maple Leaf's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Maple Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Maple. Basic forecasting techniques help filter out the noise by identifying Maple Leaf's price trends.Maple Leaf 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 Maple Leaf stock to make a market-neutral strategy. Peer analysis of Maple Leaf could also be used in its relative valuation, which is a method of valuing Maple Leaf by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Maple Leaf 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 Maple Leaf'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 Maple Leaf's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Maple Leaf Market Strength Events
Market strength indicators help investors to evaluate how Maple Leaf stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Maple Leaf shares will generate the highest return on investment. By undertsting and applying Maple Leaf stock market strength indicators, traders can identify Maple Leaf Foods entry and exit signals to maximize returns.
Accumulation Distribution | 2606.86 | |||
Daily Balance Of Power | (1.29) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 22.97 | |||
Day Typical Price | 22.9 | |||
Price Action Indicator | (0.49) | |||
Period Momentum Indicator | (0.58) |
Maple Leaf Risk Indicators
The analysis of Maple Leaf'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 Maple Leaf's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting maple 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 | 1.04 | |||
Semi Deviation | 1.32 | |||
Standard Deviation | 1.49 | |||
Variance | 2.22 | |||
Downside Variance | 1.91 | |||
Semi Variance | 1.73 | |||
Expected Short fall | (1.17) |
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 Maple Leaf
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 Maple Leaf 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 Maple Leaf will appreciate offsetting losses from the drop in the long position's value.Moving against Maple Stock
The ability to find closely correlated positions to Maple Leaf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Maple Leaf 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 Maple Leaf - 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 Maple Leaf Foods to buy it.
The correlation of Maple Leaf 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 Maple Leaf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Maple Leaf 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 Maple Leaf 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 Maple Stock
Maple Leaf financial ratios help investors to determine whether Maple 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 Maple with respect to the benefits of owning Maple Leaf security.