InterRent Real Stock Forecast - Price Action Indicator

IIP-UN Stock  CAD 10.89  0.21  1.97%   
InterRent Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast InterRent Real stock prices and determine the direction of InterRent Real Estate's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of InterRent Real's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, InterRent Real's Fixed Asset Turnover is projected to decrease significantly based on the last few years of reporting. The current year's Asset Turnover is expected to grow to 0.09, whereas Inventory Turnover is forecasted to decline to 2.71. . The current year's Common Stock Shares Outstanding is expected to grow to about 153.5 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 201.7 M.
InterRent Real Estate has current Price Action Indicator of 0.22. Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
Check InterRent Real VolatilityBacktest InterRent RealInformation Ratio  

InterRent Real Trading Date Momentum

On November 29 2024 InterRent Real Estate was traded for  10.89  at the closing time. The highest price during the trading period was 10.92  and the lowest recorded bid was listed for  10.63 . The volume for the day was 556 K. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 2.20% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for InterRent Real

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

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

InterRent Real Estate 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 InterRent Real'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 InterRent Real's current price.

InterRent Real Market Strength Events

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

InterRent Real Risk Indicators

The analysis of InterRent Real'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 InterRent Real's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting interrent 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 InterRent Real

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 InterRent Real 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 InterRent Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with InterRent Stock

  0.77AEMC Alaska Energy MetalsPairCorr
  0.76CMC Cielo Waste SolutionsPairCorr

Moving against InterRent Stock

  0.93LQWD LQwD FinTech CorpPairCorr
  0.6ERC Eros Resources CorpPairCorr
The ability to find closely correlated positions to InterRent Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InterRent Real 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 InterRent Real - 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 InterRent Real Estate to buy it.
The correlation of InterRent Real 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 InterRent Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InterRent Real Estate 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 InterRent Real 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 InterRent Stock

InterRent Real financial ratios help investors to determine whether InterRent 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 InterRent with respect to the benefits of owning InterRent Real security.