Therma Bright Stock Buy Hold or Sell Recommendation
| THRM Stock | CAD 0.03 0 8.33% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Therma Bright is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Therma Bright given historical horizon and risk tolerance towards Therma Bright. When Macroaxis issues a 'buy' or 'sell' recommendation for Therma Bright, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Therma Bright Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Therma and provide practical buy, sell, or hold advice based on investors' constraints. Therma Bright. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Therma |
Execute Therma Bright Buy or Sell Advice
The Therma recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Therma Bright. Macroaxis does not own or have any residual interests in Therma Bright or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Therma Bright's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Therma Bright Trading Alerts and Improvement Suggestions
| Therma Bright generated a negative expected return over the last 90 days | |
| Therma Bright has high historical volatility and very poor performance | |
| Therma Bright has some characteristics of a very speculative penny stock | |
| Therma Bright has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Therma Bright has accumulated 90.39 K in total debt with debt to equity ratio (D/E) of 844.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Therma Bright has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Therma Bright until it has trouble settling it off, either with new capital or with free cash flow. So, Therma Bright's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Therma Bright sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Therma to invest in growth at high rates of return. When we think about Therma Bright's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 23.9 K. Net Loss for the year was (3.77 M) with profit before overhead, payroll, taxes, and interest of 63.48 K. | |
| Therma Bright has accumulated about 6.18 K in cash with (2.17 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: Therma Bright Plans Strategic Spin-Off of Consumer Health Portfolio into New Public Company TBRIF Stock News - StockTitan |
Therma Bright Returns Distribution Density
The distribution of Therma Bright's historical returns is an attempt to chart the uncertainty of Therma Bright's future price movements. The chart of the probability distribution of Therma Bright daily returns describes the distribution of returns around its average expected value. We use Therma Bright price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Therma Bright returns is essential to provide solid investment advice for Therma Bright.
| Mean Return | -1.06 | Value At Risk | -15.38 | Potential Upside | 18.18 | Standard Deviation | 9.27 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Therma Bright historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Therma Bright Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.0M | 719.1K | 1.3M | (2.9M) | (2.6M) | (2.5M) | |
| Free Cash Flow | (104.9K) | (3.2M) | (3.8M) | (2.4M) | (2.2M) | (2.1M) | |
| Depreciation | 3.0K | 58.0K | 151.7K | 75.4K | 67.8K | 49.1K | |
| Net Income | (626.7K) | (8.6M) | (5.9M) | (3.8M) | (3.4M) | (3.2M) | |
| End Period Cash Flow | 1.1M | 1.8M | 3.1M | 182.2K | 209.6K | 409.6K | |
| Other Non Cash Items | 17.4K | 3.5M | 1.4K | (8.4K) | (9.7K) | (9.2K) | |
| Net Borrowings | (1.5K) | 88.9K | (55.9K) | (5.6K) | (5.0K) | (4.8K) | |
| Change To Netincome | 115.2K | 17.4K | 4.6M | 1.6M | 1.8M | 1.1M | |
| Investments | 0.0 | (300K) | (204.9K) | (691.1K) | (622.0K) | (590.9K) |
Therma Bright Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Therma Bright or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Therma Bright's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Therma stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.41 | |
β | Beta against Dow Jones | 2.94 | |
σ | Overall volatility | 9.52 | |
Ir | Information ratio | -0.13 |
Therma Bright Volatility Alert
Therma Bright is displaying above-average volatility over the selected time horizon. Therma Bright is a penny stock. Although Therma Bright may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Therma Bright. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Therma instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Therma Bright Fundamentals Vs Peers
Comparing Therma Bright's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Therma Bright's direct or indirect competition across all of the common fundamentals between Therma Bright and the related equities. This way, we can detect undervalued stocks with similar characteristics as Therma Bright or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Therma Bright's fundamental indicators could also be used in its relative valuation, which is a method of valuing Therma Bright by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Therma Bright to competition |
| Fundamentals | Therma Bright | Peer Average |
| Return On Equity | -1.74 | -0.31 |
| Return On Asset | -0.47 | -0.14 |
| Operating Margin | (64.94) % | (5.51) % |
| Current Valuation | 13.37 M | 16.62 B |
| Shares Outstanding | 443.14 M | 571.82 M |
| Shares Owned By Insiders | 7.58 % | 10.09 % |
| Number Of Shares Shorted | 110.06 K | 4.71 M |
| Price To Book | 8.79 X | 9.51 X |
| Price To Sales | 514.38 X | 11.42 X |
| Revenue | 23.9 K | 9.43 B |
| Gross Profit | 63.48 K | 27.38 B |
| EBITDA | (3.6 M) | 3.9 B |
| Net Income | (3.77 M) | 570.98 M |
| Cash And Equivalents | 6.18 K | 2.7 B |
| Total Debt | 90.39 K | 5.32 B |
| Debt To Equity | 844.90 % | 48.70 % |
| Current Ratio | 0.08 X | 2.16 X |
| Book Value Per Share | 0.01 X | 1.93 K |
| Cash Flow From Operations | (2.17 M) | 971.22 M |
| Short Ratio | 0.12 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | 3.02 | -0.15 |
| Market Capitalization | 13.29 M | 19.03 B |
| Total Asset | 2.21 M | 29.47 B |
| Retained Earnings | (35.78 M) | 9.33 B |
| Working Capital | (1.69 M) | 1.48 B |
| Net Asset | 2.21 M |
Therma Bright Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Therma . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 68388.5 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.92 | |||
| Day Median Price | 0.0275 | |||
| Day Typical Price | 0.0275 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) |
About Therma Bright Buy or Sell Advice
When is the right time to buy or sell Therma Bright? Buying financial instruments such as Therma Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Therma Stock Analysis
When running Therma Bright's price analysis, check to measure Therma Bright'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 Therma Bright is operating at the current time. Most of Therma Bright's value examination focuses on studying past and present price action to predict the probability of Therma Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therma Bright's price. Additionally, you may evaluate how the addition of Therma Bright to your portfolios can decrease your overall portfolio volatility.