Canadian Tire Stock Forecast - Price Action Indicator
| YAAA Stock | EUR 111.50 5.20 4.89% |
Canadian Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Canadian Tire's historical fundamentals, such as revenue growth or operating cash flow patterns.
Canadian |
| Check Canadian Tire Volatility | Backtest Canadian Tire | Trend Details |
Canadian Tire Trading Date Momentum
| On January 06 2025 Canadian Tire was traded for 103.70 at the closing time. The maximum traded price for the trading interval was 103.70 and the lowest daily price was 103.70 . The daily volume was recorded at 9.0. The volume of trading on 6th of January 2025 played a part in the next trading day price rise. The trading price change to the next closing price was 0.29% . The overall trading delta to the closing price today is 1.55% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Canadian Tire to competition |
Other Forecasting Options for Canadian Tire
For every potential investor in Canadian, whether a beginner or expert, Canadian Tire's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canadian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canadian. Basic forecasting techniques help filter out the noise by identifying Canadian Tire's price trends.Canadian Tire 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 Canadian Tire stock to make a market-neutral strategy. Peer analysis of Canadian Tire could also be used in its relative valuation, which is a method of valuing Canadian Tire by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canadian Tire 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 Canadian Tire'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 Canadian Tire's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Canadian Tire Market Strength Events
Market strength indicators help investors to evaluate how Canadian Tire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canadian Tire shares will generate the highest return on investment. By undertsting and applying Canadian Tire stock market strength indicators, traders can identify Canadian Tire entry and exit signals to maximize returns.
Canadian Tire Risk Indicators
The analysis of Canadian Tire'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 Canadian Tire's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canadian 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 | 0.6738 | |||
| Semi Deviation | 0.9064 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Downside Variance | 1.09 | |||
| Semi Variance | 0.8216 | |||
| 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.
Currently Active Assets on Macroaxis
Other Information on Investing in Canadian Stock
Canadian Tire financial ratios help investors to determine whether Canadian 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 Canadian with respect to the benefits of owning Canadian Tire security.