Tfi International Stock Market Value
| TFII Stock | USD 140.73 0.62 0.44% |
| Symbol | TFI |
TFI International Price To Book Ratio
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 (0.03) | Dividend Share 1.6 | Earnings Share 5.48 | Revenue Per Share 97.9 | Quarterly Revenue Growth 0.143 |
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.
TFI International 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TFI International's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TFI International.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in TFI International on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding TFI International or generate 0.0% return on investment in TFI International over 60 days. TFI International is related to or competes with Universal Logistics, Schneider National, and Heartland Express. TFI International Inc. provides transportation and logistics services in the United States, Canada, and Mexico More
TFI International Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TFI International's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TFI International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 13.92 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 2.49 |
TFI International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TFI International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TFI International's standard deviation. In reality, there are many statistical measures that can use TFI International historical prices to predict the future TFI International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.02) |
TFI International Backtested Returns
TFI International is very steady at the moment. TFI International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0268, which indicates the firm had a 0.0268% return per unit of volatility over the last 3 months. We have found twenty-two technical indicators for TFI International, which you can use to evaluate the volatility of the company. Please validate TFI International's variance of 3.82, and Risk Adjusted Performance of (0.01) to confirm if the risk estimate we provide is consistent with the expected return of 0.0512%. TFI International has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 1.63, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TFI International will likely underperform. TFI International currently has a risk of 1.91%. Please validate TFI International maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if TFI International will be following its existing price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
TFI International has poor reverse predictability. Overlapping area represents the amount of predictability between TFI International time series from 27th of October 2024 to 26th of November 2024 and 26th of November 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TFI International price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current TFI International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 28.41 |
TFI International lagged returns against current returns
Autocorrelation, which is TFI International stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TFI International's stock expected returns. We can calculate the autocorrelation of TFI International returns to help us make a trade decision. For example, suppose you find that TFI International has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TFI International regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TFI International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TFI International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TFI International stock over time.
Current vs Lagged Prices |
| Timeline |
TFI International Lagged Returns
When evaluating TFI International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TFI International stock have on its future price. TFI International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TFI International autocorrelation shows the relationship between TFI International stock current value and its past values and can show if there is a momentum factor associated with investing in TFI International.
Regressed Prices |
| Timeline |
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 TFI International Correlation, TFI International Volatility and TFI International Alpha and Beta module to complement your research on TFI International. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
TFI International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.