Thorne Healthtech Stock Technical Analysis
THRNDelisted Stock | USD 6.40 0.48 8.11% |
As of the 21st of December, Thorne HealthTech has the Coefficient Of Variation of 523.53, risk adjusted performance of 0.1588, and Semi Deviation of 1.72. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thorne HealthTech, as well as the relationship between them.
Thorne HealthTech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thorne, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThorneThorne |
Thorne HealthTech 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, delisted stock market cycles, or different charting patterns.
Thorne HealthTech Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Thorne HealthTech Trend Analysis
Use this graph to draw trend lines for Thorne HealthTech. You can use it to identify possible trend reversals for Thorne HealthTech as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Thorne HealthTech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thorne HealthTech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thorne HealthTech applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Thorne HealthTech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.95, which is the sum of squared deviations for the predicted Thorne HealthTech price change compared to its average price change.About Thorne HealthTech Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Thorne HealthTech on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Thorne HealthTech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thorne HealthTech price pattern first instead of the macroeconomic environment surrounding Thorne HealthTech. By analyzing Thorne HealthTech's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Thorne HealthTech's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Thorne HealthTech specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thorne HealthTech December 21, 2024 Technical Indicators
Most technical analysis of Thorne help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thorne from various momentum indicators to cycle indicators. When you analyze Thorne charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1588 | |||
Market Risk Adjusted Performance | 2.44 | |||
Mean Deviation | 2.21 | |||
Semi Deviation | 1.72 | |||
Downside Deviation | 2.03 | |||
Coefficient Of Variation | 523.53 | |||
Standard Deviation | 3.14 | |||
Variance | 9.84 | |||
Information Ratio | 0.1807 | |||
Jensen Alpha | 0.5837 | |||
Total Risk Alpha | 0.5012 | |||
Sortino Ratio | 0.2793 | |||
Treynor Ratio | 2.43 | |||
Maximum Drawdown | 12.53 | |||
Value At Risk | (3.43) | |||
Potential Upside | 7.24 | |||
Downside Variance | 4.12 | |||
Semi Variance | 2.97 | |||
Expected Short fall | (3.09) | |||
Skewness | 1.37 | |||
Kurtosis | 3.26 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Thorne Stock
If you are still planning to invest in Thorne HealthTech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thorne HealthTech's history and understand the potential risks before investing.
Commodity Directory Find actively traded commodities issued by global exchanges | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements |