Interfor Corp Stock Price on April 18, 2024

IFP Stock  CAD 18.06  0.14  0.78%   
If you're considering investing in Interfor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Interfor Corp stands at 18.06, as last reported on the 21st of January, with the highest price reaching 18.12 and the lowest price hitting 17.67 during the day. Interfor Corp holds Efficiency (Sharpe) Ratio of -0.0433, which attests that the entity had a -0.0433 % return per unit of risk over the last 3 months. Interfor Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interfor Corp's Risk Adjusted Performance of (0.03), standard deviation of 2.45, and Market Risk Adjusted Performance of 61.0 to validate the risk estimate we provide.
  
Interfor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0433

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Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Interfor Corp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Interfor Corp by adding Interfor Corp to a well-diversified portfolio.

Interfor Corp Valuation on April 18, 2024

It is possible to determine the worth of Interfor Corp on a given historical date. On April 18, 2024 Interfor was worth 17.94 at the beginning of the trading date compared to the closed value of 17.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Interfor Corp stock. Still, in general, we apply an absolute valuation method to find Interfor Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Interfor Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Interfor Corp's related companies.
 Open High Low Close Volume
  18.02    18.22    17.71    17.93    193,800  
04/18/2024
  17.94    18.09    17.66    17.78    180,800  
  17.72    18.09    17.57    17.83    203,200  
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Open Value
17.94
17.78
Closing Value
25.28
Upside

Interfor Corp Trading Date Momentum on April 18, 2024

On April 19 2024 Interfor Corp was traded for  17.83  at the closing time. The maximum traded price for the trading interval was 18.09  and the lowest daily price was  17.57 . The daily volume was recorded at 203.2 K. The volume of trading on 19th of April 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.28% . The trading delta at closing time to the closing price today is 1.46% .

Interfor Corp Fundamentals Correlations and Trends

By evaluating Interfor Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Interfor Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Interfor financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Interfor Corp Stock history

Interfor Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Interfor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Interfor Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Interfor Corp stock prices may prove useful in developing a viable investing in Interfor Corp
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Hong Knog, Taiwan, and internationally. Interfor Corporation was founded in 1963 and is headquartered in Vancouver, Canada. INTERFOR CORPORATION operates under Lumber Wood Production classification in Canada and is traded on Toronto Stock Exchange. It employs 2980 people.

Interfor Corp Stock Technical Analysis

Interfor Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Interfor Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Interfor Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Interfor Corp Period Price Range

Low
January 21, 2025
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Interfor Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Interfor Corp January 21, 2025 Market Strength

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

Interfor Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Interfor Corp's price direction in advance. Along with the technical and fundamental analysis of Interfor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Interfor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Interfor Stock

Interfor Corp financial ratios help investors to determine whether Interfor 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 Interfor with respect to the benefits of owning Interfor Corp security.