Thorney Technologies (Australia) Price on September 23, 2024
| TEK Stock | 0.14 0.00 0.00% |
Below is the normalized historical share price chart for Thorney Technologies extending back to May 10, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thorney Technologies stands at 0.14, as last reported on the 20th of December, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day.
If you're considering investing in Thorney Stock, it is important to understand the factors that can impact its price. Currently, Thorney Technologies is out of control. Thorney Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.015, which indicates the firm had a 0.015% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Thorney Technologies, which you can use to evaluate the volatility of the company. Please validate Thorney Technologies' Semi Deviation of 2.14, coefficient of variation of 6770.52, and Risk Adjusted Performance of 0.0191 to confirm if the risk estimate we provide is consistent with the expected return of 0.0458%.
At this time, Thorney Technologies' Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 428.5 M in 2024, whereas Common Stock is likely to drop slightly above 69.8 M in 2024. . Thorney Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of May 2005 | 200 Day MA 0.1401 | 50 Day MA 0.1433 | Beta 1.3 |
Thorney |
Sharpe Ratio = 0.015
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| Negative Returns | TEK |
Estimated Market Risk
| 3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Thorney Technologies is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thorney Technologies by adding it to a well-diversified portfolio.
Price Book 0.5014 | Enterprise Value Ebitda 0.4525 | Price Sales 0.8628 | Shares Float 209 M | Wall Street Target Price 1.66 |
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Thorney Technologies Valuation on September 23, 2024
It is possible to determine the worth of Thorney Technologies on a given historical date. On September 23, 2024 Thorney was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thorney Technologies stock. Still, in general, we apply an absolute valuation method to find Thorney Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thorney Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thorney Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.14 | 0.14 | 0.14 | 1.00 | |
09/23/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 350,000 |
| 0.14 | 0.14 | 0.14 | 0.14 | 639,674 |
| Backtest Thorney Technologies | | | Thorney Technologies History | | | Thorney Technologies Valuation | Previous | Next |
Thorney Technologies Trading Date Momentum on September 23, 2024
| On September 24 2024 Thorney Technologies was traded for 0.14 at the closing time. The maximum traded price for the trading interval was 0.14 and the lowest daily price was 0.14 . The daily volume was recorded at 639.7 K. The volume of trading on 24th of September 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
Thorney Technologies Fundamentals Correlations and Trends
By evaluating Thorney Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thorney Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thorney financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thorney Technologies Stock history
Thorney Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thorney is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thorney Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thorney Technologies stock prices may prove useful in developing a viable investing in Thorney Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 408.1 M | 428.5 M | |
| Net Loss | -23 M | -21.8 M |
Thorney Technologies Stock Technical Analysis
Thorney Technologies 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.
Price Boundaries
Thorney Technologies Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Thorney Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thorney Technologies December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Thorney Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thorney Technologies shares will generate the highest return on investment. By undertsting and applying Thorney Technologies stock market strength indicators, traders can identify Thorney Technologies entry and exit signals to maximize returns
Thorney Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thorney Technologies' price direction in advance. Along with the technical and fundamental analysis of Thorney Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thorney to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0191 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0015 | |||
| Treynor Ratio | 0.0773 |
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Additional Tools for Thorney Stock Analysis
When running Thorney Technologies' price analysis, check to measure Thorney Technologies' 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 Thorney Technologies is operating at the current time. Most of Thorney Technologies' value examination focuses on studying past and present price action to predict the probability of Thorney Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thorney Technologies' price. Additionally, you may evaluate how the addition of Thorney Technologies to your portfolios can decrease your overall portfolio volatility.