TMX Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of TMX GROUP's historical fundamentals, such as revenue growth or operating cash flow patterns.
TMX
On December 20, 2024 TMX GROUP LTD had Price Action Indicator of (0.20). 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.
On December 23 2024 TMX GROUP LTD was traded for 28.40 at the closing time. The highest daily price throughout the period was 28.40 and the lowest price was 28.40 . The daily volume was 5.0. The net trading volume on 12/23/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
For every potential investor in TMX, whether a beginner or expert, TMX GROUP's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TMX Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TMX. Basic forecasting techniques help filter out the noise by identifying TMX GROUP's price trends.
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 TMX GROUP stock to make a market-neutral strategy. Peer analysis of TMX GROUP could also be used in its relative valuation, which is a method of valuing TMX GROUP by comparing valuation metrics with similar companies.
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 TMX GROUP'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 TMX GROUP's current price.
Market strength indicators help investors to evaluate how TMX GROUP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TMX GROUP shares will generate the highest return on investment. By undertsting and applying TMX GROUP stock market strength indicators, traders can identify TMX GROUP LTD entry and exit signals to maximize returns.
The analysis of TMX GROUP'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 TMX GROUP's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tmx 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.
TMX GROUP financial ratios help investors to determine whether TMX 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 TMX with respect to the benefits of owning TMX GROUP security.