Tfi International Stock Probability of Future Stock Price Finishing Over 212.04

TFII Stock  CAD 217.92  0.14  0.06%   
TFI International's future price is the expected price of TFI International instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of TFI International performance during a given time horizon utilizing its historical volatility. Check out TFI International Backtesting, TFI International Valuation, TFI International Correlation, TFI International Hype Analysis, TFI International Volatility, TFI International History as well as TFI International Performance.
To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.
  
At this time, TFI International's Price Earnings Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Book Value Ratio is likely to grow to 4.95, while Price To Sales Ratio is likely to drop 1.10. Please specify TFI International's target price for which you would like TFI International odds to be computed.

TFI International Target Price Odds to finish over 212.04

The tendency of TFI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above C$ 212.04  in 90 days
 217.92 90 days 212.04 
about 7.52
Based on a normal probability distribution, the odds of TFI International to stay above C$ 212.04  in 90 days from now is about 7.52 (This TFI International probability density function shows the probability of TFI Stock to fall within a particular range of prices over 90 days) . Probability of TFI International price to stay between C$ 212.04  and its current price of C$217.92 at the end of the 90-day period is about 5.2 .
Assuming the 90 days trading horizon TFI International has a beta of 0.33. This usually implies as returns on the market go up, TFI International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TFI International will be expected to be much smaller as well. Additionally TFI International has an alpha of 0.1822, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   TFI International Price Density   
       Price  

Predictive Modules for TFI International

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TFI International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
215.49217.45219.41
Details
Intrinsic
Valuation
LowRealHigh
159.40161.36239.87
Details
Naive
Forecast
LowNextHigh
217.45219.41221.36
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.532.301.56
Details

TFI International Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. TFI International is not an exception. The market had few large corrections towards the TFI International's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TFI International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TFI International within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.18
β
Beta against Dow Jones0.33
σ
Overall volatility
10.62
Ir
Information ratio 0.05

TFI International Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TFI International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TFI International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 75.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: TFI International Inc. Given Average Rating of Hold by Brokerages - MarketBeat

TFI International Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TFI Stock often depends not only on the future outlook of the current and potential TFI International's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TFI International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding87 M
Cash And Short Term Investments335.6 M

TFI International Technical Analysis

TFI International's future price can be derived by breaking down and analyzing its technical indicators over time. TFI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TFI International. In general, you should focus on analyzing TFI Stock price patterns and their correlations with different microeconomic environments and drivers.

TFI International Predictive Forecast Models

TFI International's time-series forecasting models is one of many TFI International's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TFI International's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about TFI International

Checking the ongoing alerts about TFI International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TFI International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 75.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: TFI International Inc. Given Average Rating of Hold by Brokerages - MarketBeat
When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:
Check out TFI International Backtesting, TFI International Valuation, TFI International Correlation, TFI International Hype Analysis, TFI International Volatility, TFI International History as well as TFI International Performance.
To learn how to invest in TFI Stock, please use our How to Invest in TFI International guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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.