IF Bancorp Stock Forecast - Day Typical Price
IROQ Stock | USD 21.79 0.19 0.88% |
IROQ Stock Forecast is based on your current time horizon. Although IF Bancorp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of IF Bancorp's systematic risk associated with finding meaningful patterns of IF Bancorp fundamentals over time.
IROQ |
Previous Day Typical Price | Day Typical Price | Trend |
21.74 | 21.74 |
Check IF Bancorp Volatility | Backtest IF Bancorp | Information Ratio |
IF Bancorp Trading Date Momentum
On November 30 2024 IF Bancorp was traded for 21.79 at the closing time. The top price for the day was 22.00 and the lowest listed price was 21.44 . There was no trading activity during the period 0.0. Lack of trading volume on November 30, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.64% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare IF Bancorp to competition |
Other Forecasting Options for IF Bancorp
For every potential investor in IROQ, whether a beginner or expert, IF Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IROQ Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IROQ. Basic forecasting techniques help filter out the noise by identifying IF Bancorp's price trends.IF Bancorp 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 IF Bancorp stock to make a market-neutral strategy. Peer analysis of IF Bancorp could also be used in its relative valuation, which is a method of valuing IF Bancorp by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
IF Bancorp 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 IF Bancorp'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 IF Bancorp's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
IF Bancorp Market Strength Events
Market strength indicators help investors to evaluate how IF Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IF Bancorp shares will generate the highest return on investment. By undertsting and applying IF Bancorp stock market strength indicators, traders can identify IF Bancorp entry and exit signals to maximize returns.
IF Bancorp Risk Indicators
The analysis of IF Bancorp'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 IF Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting iroq 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 | 1.4 | |||
Semi Deviation | 1.69 | |||
Standard Deviation | 2.16 | |||
Variance | 4.66 | |||
Downside Variance | 5.23 | |||
Semi Variance | 2.85 | |||
Expected Short fall | (1.76) |
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.
Pair Trading with IF Bancorp
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 IF Bancorp 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 IF Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with IROQ Stock
Moving against IROQ Stock
0.62 | TFC-PO | Truist Financial | PairCorr |
0.54 | TFC-PR | Truist Financial | PairCorr |
0.48 | CFG-PE | Citizens Financial | PairCorr |
0.42 | WF | Woori Financial Group | PairCorr |
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp 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 IF Bancorp - 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 IF Bancorp to buy it.
The correlation of IF Bancorp 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 IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp 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 IF Bancorp 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.Additional Tools for IROQ Stock Analysis
When running IF Bancorp's price analysis, check to measure IF Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.