Therma Bright Stock Price on July 19, 2024
| THRM Stock | CAD 0.04 0.01 16.67% |
Below is the normalized historical share price chart for Therma Bright extending back to July 11, 2001. 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 Therma Bright stands at 0.04, as last reported on the 25th of December, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day.
If you're considering investing in Therma Stock, it is important to understand the factors that can impact its price. Therma Bright owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0142, which indicates the firm had a -0.0142% return per unit of risk over the last 3 months. Therma Bright exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Therma Bright's Coefficient Of Variation of (9,605), risk adjusted performance of 0.0011, and Variance of 178.8 to confirm the risk estimate we provide.
At this time, Therma Bright's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 293.2 M in 2024, whereas Capital Stock is likely to drop slightly above 17.5 M in 2024. . At this time, Therma Bright's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 10.13 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.01) in 2024. Therma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0326 | 50 Day MA 0.0323 | Beta 3.021 |
Therma |
Sharpe Ratio = -0.0142
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| Negative Returns | THRM |
Estimated Market Risk
| 13.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Therma Bright is not performing at its full potential. However, 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 Therma Bright by adding Therma Bright to a well-diversified portfolio.
Price Book 10.2332 | Enterprise Value Ebitda (5.84) | Price Sales 611.6123 | Shares Float 292.9 M | Earnings Share (0.01) |
Therma Bright Valuation on July 19, 2024
It is possible to determine the worth of Therma Bright on a given historical date. On July 19, 2024 Therma was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Therma Bright stock. Still, in general, we apply an absolute valuation method to find Therma Bright's 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 Therma Bright where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Therma Bright's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.01 | 0.01 | 420,000 | |
07/19/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 120,000 |
| 0.02 | 0.02 | 0.01 | 0.02 | 83,500 |
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Therma Bright Trading Date Momentum on July 19, 2024
| On July 22 2024 Therma Bright was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.01 . The daily volume was recorded at 83.5 K. The volume of trading on 22nd of July 2024 did not result in any price rise and fall. The trading price change to the closing price today is 0.00% . |
Therma Bright Fundamentals Correlations and Trends
By evaluating Therma Bright's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Therma Bright's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Therma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Therma Bright Stock history
Therma Bright 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 Therma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Therma Bright 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 Therma Bright stock prices may prove useful in developing a viable investing in Therma Bright
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 279.3 M | 293.2 M | |
| Net Loss | -5.3 M | -5 M |
Therma Bright Stock Technical Analysis
Therma Bright 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
Therma Bright Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Therma Bright cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Therma Bright December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Therma Bright stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Therma Bright shares will generate the highest return on investment. By undertsting and applying Therma Bright stock market strength indicators, traders can identify Therma Bright entry and exit signals to maximize returns
Therma Bright Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Therma Bright's price direction in advance. Along with the technical and fundamental analysis of Therma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Therma 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 | 0.0011 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (0.18) |
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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.