Topicus Stock Forecast - Price Action Indicator

TOI Stock  CAD 120.75  1.25  1.02%   
Topicus Stock Forecast is based on your current time horizon.
  
At this time, Topicus' Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 8.49 in 2024, whereas Inventory Turnover is likely to drop 152.55 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 50 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 62.3 M in 2024.
On December 3, 2024 Topicus had Price Action Indicator of (1.18). 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.
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Topicus Trading Date Momentum

On December 04 2024 Topicus was traded for  120.75  at the closing time. The highest daily price throughout the period was 127.94  and the lowest price was  120.59 . The daily volume was 78.8 K. The net trading volume on 12/04/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.02% . The trading price change to current closing price is 0.82% .
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 Topicus

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

Topicus 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 Topicus stock to make a market-neutral strategy. Peer analysis of Topicus could also be used in its relative valuation, which is a method of valuing Topicus by comparing valuation metrics with similar companies.
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Topicus 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 Topicus' 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 Topicus' current price.

Topicus Market Strength Events

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

Topicus Risk Indicators

The analysis of Topicus' 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 Topicus' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting topicus 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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Topicus Stock Analysis

When running Topicus' price analysis, check to measure Topicus' 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 Topicus is operating at the current time. Most of Topicus' value examination focuses on studying past and present price action to predict the probability of Topicus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topicus' price. Additionally, you may evaluate how the addition of Topicus to your portfolios can decrease your overall portfolio volatility.