Canfor Stock Statistic Functions Beta
| CFP Stock | CAD 18.05 0.24 1.31% |
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Canfor correlated with the market. If Beta is less than 0 Canfor generally moves in the opposite direction as compared to the market. If Canfor Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Canfor is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Canfor is generally in the same direction as the market. If Beta > 1 Canfor moves generally in the same direction as, but more than the movement of the benchmark.
Canfor Technical Analysis Modules
Most technical analysis of Canfor 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 Canfor from various momentum indicators to cycle indicators. When you analyze Canfor 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.| Cycle Indicators | ||
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About Canfor 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 Canfor. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canfor based on widely used predictive technical indicators. In general, we focus on analyzing Canfor Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canfor's daily price indicators and compare them against related drivers, such as statistic functions 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 Canfor's intrinsic value. In addition to deriving basic predictive indicators for Canfor, we also check how macroeconomic factors affect Canfor price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 (projected) | Dividend Yield | 0.0539 | 0.0566 | Price To Sales Ratio | 0.4 | 0.43 |
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Other Information on Investing in Canfor Stock
Canfor financial ratios help investors to determine whether Canfor 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 Canfor with respect to the benefits of owning Canfor security.