Thermal Energy International Stock Alpha and Beta Analysis
| TMG Stock | CAD 0.19 0.01 5.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thermal Energy International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thermal Energy over a specified time horizon. Remember, high Thermal Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Thermal Energy's market risk premium analysis include:
Beta 1.37 | Alpha (0.28) | Risk 4.42 | Sharpe Ratio (0.09) | Expected Return (0.39) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Thermal |
Thermal Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thermal Energy market risk premium is the additional return an investor will receive from holding Thermal Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Thermal Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Thermal Energy's performance over market.| α | -0.28 | β | 1.37 |
Thermal Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Thermal Energy's Buy-and-hold return. Our buy-and-hold chart shows how Thermal Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Thermal Energy Market Price Analysis
Market price analysis indicators help investors to evaluate how Thermal Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thermal Energy shares will generate the highest return on investment. By understating and applying Thermal Energy stock market price indicators, traders can identify Thermal Energy position entry and exit signals to maximize returns.
Thermal Energy Return and Market Media
The median price of Thermal Energy for the period between Wed, Sep 4, 2024 and Tue, Dec 3, 2024 is 0.22 with a coefficient of variation of 8.12. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.22, and mean deviation of 0.01. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Thermal Energy International Unveils Financial Results - TipRanks | 09/10/2024 |
2 | Thermal Energy International to Present at November 21st Virtual Investor Summit Microcap Event - Yahoo Finance | 11/11/2024 |
About Thermal Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Thermal or other stocks. Alpha measures the amount that position in Thermal Energy Inter has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001722 | 0.001377 | 0.001204 | 7.77E-4 | Price To Sales Ratio | 0.93 | 0.86 | 1.62 | 1.54 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thermal Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thermal Energy's short interest history, or implied volatility extrapolated from Thermal Energy options trading.
Build Portfolio with Thermal Energy
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Additional Tools for Thermal Stock Analysis
When running Thermal Energy's price analysis, check to measure Thermal Energy'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 Thermal Energy is operating at the current time. Most of Thermal Energy's value examination focuses on studying past and present price action to predict the probability of Thermal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermal Energy's price. Additionally, you may evaluate how the addition of Thermal Energy to your portfolios can decrease your overall portfolio volatility.