TFI International Stock Forecast - Price Action Indicator
| TFII Stock | USD 134.52 2.14 1.62% |
TFI Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast TFI International stock prices and determine the direction of TFI International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of TFI International's historical fundamentals, such as revenue growth or operating cash flow patterns. Although TFI International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of TFI International's systematic risk associated with finding meaningful patterns of TFI International fundamentals over time.
Check out Historical Fundamental Analysis of TFI International to cross-verify your projections. TFI |
Open Interest Against 2024-05-17 TFI Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast TFI International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in TFI International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for TFI International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current TFI International's open interest, investors have to compare it to TFI International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of TFI International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in TFI. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in TFI International cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the TFI International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets TFI International's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.21) | 0.67 |
| Check TFI International Volatility | Backtest TFI International | Information Ratio |
TFI International Trading Date Momentum
| On May 04 2024 TFI International was traded for 134.52 at the closing time. The top price for the day was 136.28 and the lowest listed price was 133.57 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.28% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare TFI International to competition |
Other Forecasting Options for TFI International
For every potential investor in TFI, whether a beginner or expert, TFI International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TFI Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TFI. Basic forecasting techniques help filter out the noise by identifying TFI International's price trends.TFI 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 TFI International stock to make a market-neutral strategy. Peer analysis of TFI International could also be used in its relative valuation, which is a method of valuing TFI International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TFI 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 TFI 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 TFI International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
TFI International Market Strength Events
Market strength indicators help investors to evaluate how TFI 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 TFI International shares will generate the highest return on investment. By undertsting and applying TFI International stock market strength indicators, traders can identify TFI International entry and exit signals to maximize returns.
TFI International Risk Indicators
The analysis of TFI 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 TFI International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tfi 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 | 1.23 | |||
| Semi Deviation | 1.93 | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.05 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 3.72 | |||
| Expected Short fall | (1.18) |
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.
TFI International Investors Sentiment
The influence of TFI International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in TFI. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to TFI International's public news can be used to forecast risks associated with an investment in TFI. The trend in average sentiment can be used to explain how an investor holding TFI can time the market purely based on public headlines and social activities around TFI International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
TFI International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for TFI International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average TFI International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on TFI International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TFI International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TFI International's short interest history, or implied volatility extrapolated from TFI International options trading.
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Check out Historical Fundamental Analysis of TFI International to cross-verify your projections. For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for TFI Stock analysis
When running TFI International's price analysis, check to measure TFI 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 TFI International is operating at the current time. Most of TFI International's value examination focuses on studying past and present price action to predict the probability of TFI 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 TFI International's price. Additionally, you may evaluate how the addition of TFI International to your portfolios can decrease your overall portfolio volatility.
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Is TFI International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TFI International. If investors know TFI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TFI International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Dividend Share 1.5 | Earnings Share 5.62 | Revenue Per Share 88.331 | Quarterly Revenue Growth 0.011 |
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TFI International's market value can be influenced by many factors that don't directly affect TFI International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.