Thunder Graham Number from 2010 to 2024

THCP Stock  USD 12.24  1.16  8.66%   
Thunder Bridge Graham Number yearly trend continues to be relatively stable with very little volatility. Graham Number is likely to grow to 2.31 this year. During the period from 2010 to 2024, Thunder Bridge Graham Number destribution of quarterly values had range of 2.8183 from its regression line and mean deviation of  0.41. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
2.28934107
Current Value
2.31
Quarterly Volatility
0.7313127
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thunder Bridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thunder Bridge's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 4.1 M or Interest Income of 4.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 9.46. Thunder financial statements analysis is a perfect complement when working with Thunder Bridge Valuation or Volatility modules.
  
Check out the analysis of Thunder Bridge Correlation against competitors.

Latest Thunder Bridge's Graham Number Growth Pattern

Below is the plot of the Graham Number of Thunder Bridge Capital over the last few years. It is Thunder Bridge's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thunder Bridge's overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Slightly volatile
   Graham Number   
       Timeline  

Thunder Graham Number Regression Statistics

Arithmetic Mean2.04
Geometric Mean1.97
Coefficient Of Variation35.84
Mean Deviation0.41
Median1.78
Standard Deviation0.73
Sample Variance0.53
Range2.8183
R-Value0.45
Mean Square Error0.46
R-Squared0.21
Significance0.09
Slope0.07
Total Sum of Squares7.49

Thunder Graham Number History

2024 2.31
2023 2.29
2022 4.6

About Thunder Bridge Financial Statements

Thunder Bridge shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although Thunder Bridge investors may analyze each financial statement separately, they are all interrelated. The changes in Thunder Bridge's assets and liabilities, for example, are also reflected in the revenues and expenses on on Thunder Bridge's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Graham Number 2.29  2.31 

Pair Trading with Thunder Bridge

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thunder Bridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thunder Bridge will appreciate offsetting losses from the drop in the long position's value.

Moving against Thunder Stock

  0.38WU Western UnionPairCorr
The ability to find closely correlated positions to Thunder Bridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thunder Bridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thunder Bridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thunder Bridge Capital to buy it.
The correlation of Thunder Bridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thunder Bridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thunder Bridge Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thunder Bridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Thunder Stock Analysis

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