TMX Group Limited · Financial Services
$47.24
-17.1%
Jul 5, 2026
C
MarginalGraded against X's own history at this drawdown — not the market's.
What it means: X's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates in four segments: Global Insights; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. The company delivers equities and index data, as well as integrated data sets for the proprietary and third-party analytics to help clients in making trading and investment dec
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: X is 17.1% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
As of the latest market close, TMX Group Ltd (X) is trading in a moderate correction, 17.1% below its all-time high at $47.24. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
Across all available history, X has spent enough trading days in the 20%-to-15% drawdown band to build a large sample (508 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.
Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to X's own volatility history. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for X is in the full app, alongside the segment-level win rate.
Five tickers closest to X's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for X. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of X's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for X.
Dipsern is research and a second opinion — not a broker. You'd buy X at your own broker.
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Signal computed Jul 5, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.