Income Financial Stock Forecast - Day Median Price
| INC-UN Stock | CAD 8.99 0.14 1.58% |
Income Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Income Financial stock prices and determine the direction of Income Financial Trust's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Income Financial's historical fundamentals, such as revenue growth or operating cash flow patterns.
Income |
| Previous Day Median Price | Day Median Price | Trend |
| 8.86 | 8.92 |
| Check Income Financial Volatility | Backtest Income Financial | Information Ratio |
Income Financial Trading Date Momentum
| On November 29 2024 Income Financial Trust was traded for 8.99 at the closing time. The highest price during the trading period was 8.99 and the lowest recorded bid was listed for 8.85 . The volume for the day was 1.4 K. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 1.56% . |
The median price is the midpoint of the trading periods range.
| Compare Income Financial to competition |
Other Forecasting Options for Income Financial
For every potential investor in Income, whether a beginner or expert, Income Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Income Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Income. Basic forecasting techniques help filter out the noise by identifying Income Financial's price trends.Income Financial 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 Income Financial stock to make a market-neutral strategy. Peer analysis of Income Financial could also be used in its relative valuation, which is a method of valuing Income Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Income Financial Trust 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 Income Financial'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 Income Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Income Financial Market Strength Events
Market strength indicators help investors to evaluate how Income Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Income Financial shares will generate the highest return on investment. By undertsting and applying Income Financial stock market strength indicators, traders can identify Income Financial Trust entry and exit signals to maximize returns.
Income Financial Risk Indicators
The analysis of Income Financial'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 Income Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting income 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 | 0.9391 | |||
| Semi Deviation | 0.8317 | |||
| Standard Deviation | 1.24 | |||
| Variance | 1.54 | |||
| Downside Variance | 1.4 | |||
| Semi Variance | 0.6917 | |||
| Expected Short fall | (1.23) |
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 Income Financial
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 Income Financial 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 Income Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Income Stock
| 0.82 | AEMC | Alaska Energy Metals | PairCorr |
| 0.76 | EOG | Eco Atlantic Oil | PairCorr |
| 0.7 | CMC | Cielo Waste Solutions | PairCorr |
The ability to find closely correlated positions to Income Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Income Financial 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 Income Financial - 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 Income Financial Trust to buy it.
The correlation of Income Financial 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 Income Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Income Financial Trust 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 Income Financial 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 Income Stock
Income Financial financial ratios help investors to determine whether Income 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 Income with respect to the benefits of owning Income Financial security.