TELUS International Stock Forecast - Accumulation Distribution

TIXT Stock  USD 3.88  0.04  1.04%   
TELUS Stock Forecast is based on your current time horizon.
  
At this time, TELUS International's Receivables Turnover is comparatively stable compared to the past year. Fixed Asset Turnover is likely to gain to 5.71 in 2024, whereas Inventory Turnover is likely to drop 26.91 in 2024. . Common Stock Shares Outstanding is likely to gain to about 290.8 M in 2024. Net Income Applicable To Common Shares is likely to gain to about 221 M in 2024.
On October 29, 2024 TELUS International had Accumulation Distribution of 11293.45. The accumulation distribution (A/D) indicator shows the degree to which TELUS International is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of TELUS International to determine if accumulation or reduction is taking place in the market. This value is adjusted by TELUS International trading volume to give more weight to distributions with higher volume over lower volume.
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TELUS International Trading Date Momentum

On October 30 2024 TELUS International was traded for  3.81  at the closing time. The top price for the day was 3.85  and the lowest listed price was  3.67 . The trading volume for the day was 218 K. The trading history from October 30, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 3.53% . The trading price change against the current closing price is 3.80% .
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
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Other Forecasting Options for TELUS International

For every potential investor in TELUS, whether a beginner or expert, TELUS International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TELUS Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TELUS. Basic forecasting techniques help filter out the noise by identifying TELUS International's price trends.

TELUS International 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 TELUS International stock to make a market-neutral strategy. Peer analysis of TELUS International could also be used in its relative valuation, which is a method of valuing TELUS International by comparing valuation metrics with similar companies.
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TELUS International 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 TELUS International'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 TELUS International's current price.

TELUS International Market Strength Events

Market strength indicators help investors to evaluate how TELUS International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TELUS International shares will generate the highest return on investment. By undertsting and applying TELUS International stock market strength indicators, traders can identify TELUS International entry and exit signals to maximize returns.

TELUS International Risk Indicators

The analysis of TELUS International'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 TELUS International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting telus 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.

Thematic Opportunities

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Additional Tools for TELUS Stock Analysis

When running TELUS International's price analysis, check to measure TELUS International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TELUS International is operating at the current time. Most of TELUS International's value examination focuses on studying past and present price action to predict the probability of TELUS International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TELUS International's price. Additionally, you may evaluate how the addition of TELUS International to your portfolios can decrease your overall portfolio volatility.