Interfor Corp Stock Market Value

IFP Stock  CAD 14.91  0.37  2.42%   
Interfor Corp's market value is the price at which a share of Interfor Corp trades on a public exchange. It measures the collective expectations of Interfor Corp investors about its performance. Interfor Corp is selling at 14.91 as of the 15th of March 2025; that is 2.42% down since the beginning of the trading day. The stock's open price was 15.28.
With this module, you can estimate the performance of a buy and hold strategy of Interfor Corp and determine expected loss or profit from investing in Interfor Corp over a given investment horizon. Check out Interfor Corp Correlation, Interfor Corp Volatility and Interfor Corp Alpha and Beta module to complement your research on Interfor Corp.
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Interfor Corp Price To Book Ratio

Please note, there is a significant difference between Interfor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interfor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interfor Corp'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.

Interfor Corp 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Interfor Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Interfor Corp.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Interfor Corp on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Interfor Corp or generate 0.0% return on investment in Interfor Corp over 90 days. Interfor Corp is related to or competes with Canfor, West Fraser, Western Forest, Stella Jones, and Martinrea International. Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Jap... More

Interfor Corp Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Interfor Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Interfor Corp upside and downside potential and time the market with a certain degree of confidence.

Interfor Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Interfor Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interfor Corp's standard deviation. In reality, there are many statistical measures that can use Interfor Corp historical prices to predict the future Interfor Corp's volatility.
Hype
Prediction
LowEstimatedHigh
12.2914.9117.53
Details
Intrinsic
Valuation
LowRealHigh
13.1615.7818.40
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.57-0.22-0.09
Details

Interfor Corp Backtested Returns

Interfor Corp holds Efficiency (Sharpe) Ratio of -0.0971, which attests that the entity had a -0.0971 % return per unit of risk over the last 3 months. Interfor Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interfor Corp's Market Risk Adjusted Performance of (1.23), risk adjusted performance of (0.12), and Standard Deviation of 2.56 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Interfor Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Interfor Corp is expected to be smaller as well. At this point, Interfor Corp has a negative expected return of -0.25%. Please make sure to check out Interfor Corp's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Interfor Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.13  

Insignificant reverse predictability

Interfor Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Interfor Corp time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Interfor Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Interfor Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.13
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.46

Interfor Corp lagged returns against current returns

Autocorrelation, which is Interfor Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Interfor Corp's stock expected returns. We can calculate the autocorrelation of Interfor Corp returns to help us make a trade decision. For example, suppose you find that Interfor Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Interfor Corp regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Interfor Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interfor Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interfor Corp stock over time.
   Current vs Lagged Prices   
       Timeline  

Interfor Corp Lagged Returns

When evaluating Interfor Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interfor Corp stock have on its future price. Interfor Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Interfor Corp autocorrelation shows the relationship between Interfor Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Interfor Corp.
   Regressed Prices   
       Timeline  

Pair Trading with Interfor Corp

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 Interfor Corp 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 Interfor Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Interfor Stock

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Moving against Interfor Stock

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The ability to find closely correlated positions to Interfor Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Interfor Corp 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 Interfor Corp - 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 Interfor Corp to buy it.
The correlation of Interfor Corp 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 Interfor Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interfor Corp 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 Interfor Corp 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 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.