Thor Industries Stock Price Prediction
| THO Stock | USD 111.13 2.02 1.79% |
Oversold Vs Overbought
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Oversold | Overbought |
Quarterly Earnings Growth 0.001 | EPS Estimate Current Year 4.59 | EPS Estimate Next Year 6.35 | Wall Street Target Price 110.2 | EPS Estimate Current Quarter 1.3 |
Using Thor Industries hype-based prediction, you can estimate the value of Thor Industries from the perspective of Thor Industries response to recently generated media hype and the effects of current headlines on its competitors.
Thor Industries Hype to Price Pattern
Investor biases related to Thor Industries' public news can be used to forecast risks associated with an investment in Thor. The trend in average sentiment can be used to explain how an investor holding Thor can time the market purely based on public headlines and social activities around Thor Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Thor Industries' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Thor Industries.
The fear of missing out, i.e., FOMO, can cause potential investors in Thor Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying Thor because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Thor Industries after-hype prediction price | USD 111.48 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Thor |
Thor Industries After-Hype Price Prediction Density Analysis
As far as predicting the price of Thor Industries at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Thor Industries or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Thor Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Thor Industries Estimiated After-Hype Price Volatility
In the context of predicting Thor Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thor Industries' historical news coverage. Thor Industries' after-hype downside and upside margins for the prediction period are 109.25 and 113.71, respectively. We have considered Thor Industries' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Thor Industries is very steady at this time. Analysis and calculation of next after-hype price of Thor Industries is based on 3 months time horizon.
Thor Industries Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Thor Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thor Industries backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Thor Industries, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.09 | 2.23 | 0.35 | 0.07 | 11 Events / Month | 7 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
111.13 | 111.48 | 0.31 |
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Thor Industries Hype Timeline
On the 28th of November Thor Industries is traded for 111.13. The entity has historical hype elasticity of 0.35, and average elasticity to hype of competition of -0.07. Thor is forecasted to increase in value after the next headline, with the price projected to jump to 111.48 or above. The average volatility of media hype impact on the company the price is about 58.07%. The price boost on the next news is projected to be 0.31%, whereas the daily expected return is at this time at 0.09%. The volatility of related hype on Thor Industries is about 292.14%, with the expected price after the next announcement by competition of 111.06. The company reported the last year's revenue of 10.04 B. Total Income to common stockholders was 265.4 M with profit before taxes, overhead, and interest of 1.6 B. Considering the 90-day investment horizon the next forecasted press release will be in about 11 days. Check out Thor Industries Basic Forecasting Models to cross-verify your projections.Thor Industries Related Hype Analysis
Having access to credible news sources related to Thor Industries' direct competition is more important than ever and may enhance your ability to predict Thor Industries' future price movements. Getting to know how Thor Industries' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Thor Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| MPX | Marine Products | (0.20) | 5 per month | 1.37 | (0.03) | 2.89 | (2.16) | 7.94 | |
| MBUU | Malibu Boats | (0.60) | 9 per month | 2.18 | 0.09 | 4.07 | (3.64) | 13.09 | |
| BC | Brunswick | (0.37) | 9 per month | 1.94 | (0.05) | 3.84 | (2.97) | 11.27 | |
| LCII | LCI Industries | (3.60) | 9 per month | 2.10 | (0.02) | 3.85 | (3.74) | 8.29 | |
| DOOO | BRP Inc | (0.43) | 11 per month | 0.00 | (0.29) | 2.15 | (4.79) | 12.05 | |
| EZGO | EZGO Technologies | 0.04 | 2 per month | 0.00 | (0.07) | 11.11 | (7.27) | 31.19 | |
| PII | Polaris Industries | (0.16) | 10 per month | 0.00 | (0.19) | 2.85 | (3.52) | 14.62 | |
| MCFT | MCBC Holdings | 0.57 | 7 per month | 2.18 | 0 | 3.20 | (3.55) | 29.12 | |
| WGO | Winnebago Industries | (2.12) | 11 per month | 0.00 | (0.05) | 3.68 | (3.71) | 13.99 |
Thor Industries Additional Predictive Modules
Most predictive techniques to examine Thor price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thor using various technical indicators. When you analyze Thor charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
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| Volume Indicators |
About Thor Industries Predictive Indicators
The successful prediction of Thor Industries stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Thor Industries, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Thor Industries based on analysis of Thor Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thor Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thor Industries's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0205 | 0.0155 | 0.0179 | 0.0128 | Price To Sales Ratio | 0.28 | 0.56 | 0.57 | 0.45 |
Story Coverage note for Thor Industries
The number of cover stories for Thor Industries depends on current market conditions and Thor Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Thor Industries is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Thor Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
Thor Industries Short Properties
Thor Industries' future price predictability will typically decrease when Thor Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thor Industries often depends not only on the future outlook of the potential Thor Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Thor Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 53.7 M | |
| Cash And Short Term Investments | 501.3 M |
Check out Thor Industries Basic Forecasting Models to cross-verify your projections. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.001 | Dividend Share 1.92 | Earnings Share 4.94 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.