Labrador Iron Stock Forecast - Market Facilitation Index

LIF Stock  CAD 30.33  0.01  0.03%   
Labrador Stock Forecast is based on your current time horizon. Although Labrador Iron's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Labrador Iron's systematic risk associated with finding meaningful patterns of Labrador Iron fundamentals over time.
  
As of the 12th of December 2024, Inventory Turnover is likely to drop to -131.41. In addition to that, Payables Turnover is likely to drop to 0.50. As of the 12th of December 2024, Common Stock Shares Outstanding is likely to drop to about 69.4 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 192.4 M.
Labrador Iron Ore has current Market Facilitation Index of 0. Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.
Check Labrador Iron VolatilityBacktest Labrador IronInformation Ratio  

Labrador Iron Trading Date Momentum

On December 11 2024 Labrador Iron Ore was traded for  30.33  at the closing time. The maximum traded price for the trading interval was 30.40  and the lowest daily price was  30.08 . The daily volume was recorded at 155.1 K. The volume of trading on 11th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.03% .
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Labrador Iron

For every potential investor in Labrador, whether a beginner or expert, Labrador Iron's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Labrador Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Labrador. Basic forecasting techniques help filter out the noise by identifying Labrador Iron's price trends.

Labrador Iron 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 Labrador Iron stock to make a market-neutral strategy. Peer analysis of Labrador Iron could also be used in its relative valuation, which is a method of valuing Labrador Iron by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Labrador Iron Ore 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 Labrador Iron'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 Labrador Iron's current price.

Labrador Iron Market Strength Events

Market strength indicators help investors to evaluate how Labrador Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Labrador Iron shares will generate the highest return on investment. By undertsting and applying Labrador Iron stock market strength indicators, traders can identify Labrador Iron Ore entry and exit signals to maximize returns.

Labrador Iron Risk Indicators

The analysis of Labrador Iron'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 Labrador Iron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting labrador 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.
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 Labrador Iron

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 Labrador Iron 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 Labrador Iron will appreciate offsetting losses from the drop in the long position's value.

Moving together with Labrador Stock

  0.71ORE Orezone Gold CorpPairCorr

Moving against Labrador Stock

  0.68WCN Waste ConnectionsPairCorr
  0.58BYD Boyd Group ServicesPairCorr
  0.52FFH Fairfax FinancialPairCorr
  0.44FSV FirstService CorpPairCorr
  0.37CSU Constellation SoftwarePairCorr
The ability to find closely correlated positions to Labrador Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Labrador Iron 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 Labrador Iron - 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 Labrador Iron Ore to buy it.
The correlation of Labrador Iron 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 Labrador Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Labrador Iron Ore 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 Labrador Iron 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Labrador Stock

Labrador Iron financial ratios help investors to determine whether Labrador 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 Labrador with respect to the benefits of owning Labrador Iron security.