Canfor (Germany) Technical Analysis
| NKC Stock | EUR 8.40 0.05 0.59% |
As of the 23rd of January, Canfor shows the Mean Deviation of 1.92, downside deviation of 2.57, and Risk Adjusted Performance of 0.0726. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Canfor, as well as the relationship between them. Please confirm Canfor jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Canfor is priced correctly, providing market reflects its regular price of 8.4 per share.
Canfor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Canfor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CanforCanfor |
Canfor 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Canfor's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Canfor.
| 10/25/2025 |
| 01/23/2026 |
If you would invest 0.00 in Canfor on October 25, 2025 and sell it all today you would earn a total of 0.00 from holding Canfor or generate 0.0% return on investment in Canfor over 90 days. Canfor is related to or competes with Merit Medical, KINGBOARD CHEMICAL, Shin-Etsu Chemical, IMPERIAL TOBACCO, and SHIN ETSU. Canfor Corporation operates as an integrated forest products company in Canada and internationally More
Canfor Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Canfor's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Canfor upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0497 | |||
| Maximum Drawdown | 14.52 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 4.23 |
Canfor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Canfor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Canfor's standard deviation. In reality, there are many statistical measures that can use Canfor historical prices to predict the future Canfor's volatility.| Risk Adjusted Performance | 0.0726 | |||
| Jensen Alpha | 0.2225 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0519 | |||
| Treynor Ratio | 4.25 |
Canfor January 23, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0726 | |||
| Market Risk Adjusted Performance | 4.26 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.57 | |||
| Coefficient Of Variation | 1130.49 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.21 | |||
| Information Ratio | 0.0497 | |||
| Jensen Alpha | 0.2225 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0519 | |||
| Treynor Ratio | 4.25 | |||
| Maximum Drawdown | 14.52 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 4.23 | |||
| Downside Variance | 6.62 | |||
| Semi Variance | 4.54 | |||
| Expected Short fall | (2.43) | |||
| Skewness | 0.7074 | |||
| Kurtosis | 2.4 |
Canfor Backtested Returns
Canfor appears to be somewhat reliable, given 3 months investment horizon. Canfor secures Sharpe Ratio (or Efficiency) of 0.0839, which signifies that the company had a 0.0839 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Canfor, which you can use to evaluate the volatility of the firm. Please makes use of Canfor's Downside Deviation of 2.57, mean deviation of 1.92, and Risk Adjusted Performance of 0.0726 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Canfor holds a performance score of 6. The firm shows a Beta (market volatility) of 0.0536, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Canfor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Canfor is expected to be smaller as well. Please check Canfor's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Canfor's price patterns will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
Canfor has weak reverse predictability. Overlapping area represents the amount of predictability between Canfor time series from 25th of October 2025 to 9th of December 2025 and 9th of December 2025 to 23rd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Canfor price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Canfor price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Canfor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Canfor Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Canfor volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Canfor Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Canfor on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Canfor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Canfor price pattern first instead of the macroeconomic environment surrounding Canfor. By analyzing Canfor's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Canfor's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Canfor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Canfor January 23, 2026 Technical Indicators
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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0726 | |||
| Market Risk Adjusted Performance | 4.26 | |||
| Mean Deviation | 1.92 | |||
| Semi Deviation | 2.13 | |||
| Downside Deviation | 2.57 | |||
| Coefficient Of Variation | 1130.49 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.21 | |||
| Information Ratio | 0.0497 | |||
| Jensen Alpha | 0.2225 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0519 | |||
| Treynor Ratio | 4.25 | |||
| Maximum Drawdown | 14.52 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 4.23 | |||
| Downside Variance | 6.62 | |||
| Semi Variance | 4.54 | |||
| Expected Short fall | (2.43) | |||
| Skewness | 0.7074 | |||
| Kurtosis | 2.4 |
Canfor January 23, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Canfor stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 8.40 | ||
| Day Typical Price | 8.40 | ||
| Price Action Indicator | (0.02) |
Complementary Tools for Canfor Stock analysis
When running Canfor's price analysis, check to measure Canfor'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 Canfor is operating at the current time. Most of Canfor's value examination focuses on studying past and present price action to predict the probability of Canfor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canfor's price. Additionally, you may evaluate how the addition of Canfor to your portfolios can decrease your overall portfolio volatility.
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