Loblaw Companies Stock Forecast - Day Typical Price
| L Stock | CAD 181.70 0.25 0.14% |
Loblaw Stock Forecast is based on your current time horizon. Although Loblaw Companies' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Loblaw Companies' systematic risk associated with finding meaningful patterns of Loblaw Companies fundamentals over time.
Loblaw |
| Previous Day Typical Price | Day Typical Price | Trend |
| 181.73 | 181.73 |
| Check Loblaw Companies Volatility | Backtest Loblaw Companies | Information Ratio |
Loblaw Companies Trading Date Momentum
| On December 02 2024 Loblaw Companies Limited was traded for 181.70 at the closing time. The top price for the day was 182.64 and the lowest listed price was 180.84 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.47% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Loblaw Companies
For every potential investor in Loblaw, whether a beginner or expert, Loblaw Companies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Loblaw Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Loblaw. Basic forecasting techniques help filter out the noise by identifying Loblaw Companies' price trends.Loblaw Companies 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 Loblaw Companies stock to make a market-neutral strategy. Peer analysis of Loblaw Companies could also be used in its relative valuation, which is a method of valuing Loblaw Companies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Loblaw Companies 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 Loblaw Companies' 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 Loblaw Companies' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Loblaw Companies Market Strength Events
Market strength indicators help investors to evaluate how Loblaw Companies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Loblaw Companies shares will generate the highest return on investment. By undertsting and applying Loblaw Companies stock market strength indicators, traders can identify Loblaw Companies Limited entry and exit signals to maximize returns.
Loblaw Companies Risk Indicators
The analysis of Loblaw Companies' 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 Loblaw Companies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting loblaw 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 | 0.8 | |||
| Semi Deviation | 1.2 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Downside Variance | 1.71 | |||
| Semi Variance | 1.44 | |||
| Expected Short fall | (0.76) |
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 Loblaw Companies
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 Loblaw Companies 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 Loblaw Companies will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Loblaw Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Loblaw Companies 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 Loblaw Companies - 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 Loblaw Companies Limited to buy it.
The correlation of Loblaw Companies 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 Loblaw Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Loblaw Companies 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 Loblaw Companies 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 Loblaw Stock
Loblaw Companies financial ratios help investors to determine whether Loblaw 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 Loblaw with respect to the benefits of owning Loblaw Companies security.