TFI International Stock Forecast - Daily Balance Of Power

TFII Stock  USD 137.71  0.43  0.31%   
TFI Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of TFI International's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, TFI International's Payables Turnover is increasing as compared to previous years. The TFI International's current Asset Turnover is estimated to increase to 1.46, while Inventory Turnover is projected to decrease to 210.45. . The TFI International's current Net Income Applicable To Common Shares is estimated to increase to about 994.1 M, while Common Stock Shares Outstanding is projected to decrease to under 83.9 M.
On October 16, 2024 TFI International had Daily Balance Of Power of 0.0134. Most investors in TFI International cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the TFI International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets TFI International's price structures and extracts relationships that further increase the accuracy of the generated results. Balance of Power indicator (or BOP) measures the strength of TFI International market sensitivity to bulls and bears. It estimates the ability of TFI International buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring TFI International Balance of Power indicator one can determine a trend of the price direction.
Check TFI International VolatilityBacktest TFI InternationalTrend Details  

TFI International Trading Date Momentum

On October 17 2024 TFI International was traded for  138.14  at the closing time. The top price for the day was 141.16  and the lowest listed price was  136.97 . The trading volume for the day was 227.8 K. The trading history from October 17, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 1.77% . The trading price change against the current closing price is 1.21% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare TFI International to competition

Other Forecasting Options for TFI International

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

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

TFI International 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 TFI International'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 TFI International's current price.

TFI International Market Strength Events

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

TFI International Risk Indicators

The analysis of TFI International'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 TFI International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tfi 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.

Currently Active Assets on Macroaxis

When determining whether TFI International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TFI International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tfi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tfi International Stock:
Check out Historical Fundamental Analysis of TFI International to cross-verify your projections.
For more detail on how to invest in TFI Stock please use our How to Invest in TFI International guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TFI International. If investors know TFI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TFI International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Dividend Share
1.55
Earnings Share
5.54
Revenue Per Share
94.325
Quarterly Revenue Growth
0.264
The market value of TFI International is measured differently than its book value, which is the value of TFI that is recorded on the company's balance sheet. Investors also form their own opinion of TFI International's value that differs from its market value or its book value, called intrinsic value, which is TFI International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TFI International's market value can be influenced by many factors that don't directly affect TFI International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TFI International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TFI International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TFI International'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.