Thor Competitors
| THO Stock | USD 119.78 1.55 1.31% |
Thor Industries vs Seek Correlation
Very good diversification
The correlation between Thor Industries and SKLTY is -0.49 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Thor Industries and SKLTY in the same portfolio, assuming nothing else is changed.
Moving together with Thor Stock
Moving against Thor Stock
| 0.59 | BROGF | BROGF | PairCorr |
| 0.56 | GRU | Geely Automobile Holdings | PairCorr |
| 0.34 | NVNIW | Nvni Group Limited | PairCorr |
Thor Industries Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Thor Industries and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Thor and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Thor Industries does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Thor Stock performing well and Thor Industries Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thor Industries' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCD | 0.82 | 0.07 | 0.05 | 0.19 | 0.88 | 2.16 | 4.64 | |||
| GSFP | 0.55 | 0.18 | 0.22 | 1.77 | 0.33 | 1.27 | 3.10 | |||
| PXGYF | 1.60 | (0.11) | 0.00 | (0.10) | 0.00 | 4.92 | 14.79 | |||
| SPSTY | 1.18 | (0.03) | 0.00 | 0.10 | 0.00 | 3.41 | 16.23 | |||
| MKDW | 4.02 | (1.08) | 0.00 | (0.74) | 0.00 | 7.84 | 36.75 | |||
| SPSTF | 0.40 | 0.10 | 0.00 | 3.77 | 0.00 | 0.00 | 12.92 | |||
| CAPR | 12.22 | 5.04 | 0.83 | 0.64 | 4.54 | 11.51 | 386.29 | |||
| LPSN | 3.66 | (1.05) | 0.00 | (0.38) | 0.00 | 5.56 | 25.36 | |||
| EVTC | 1.55 | (0.09) | 0.00 | (0.02) | 0.00 | 2.94 | 9.49 | |||
| SKLTY | 1.25 | (0.31) | 0.00 | (2.32) | 0.00 | 2.18 | 9.41 |
Cross Equities Net Income Analysis
Compare Thor Industries and related stocks such as McDonalds, Goldman Sachs, and PAX Global Technology Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCD | 433 M | 5.5 B | 5.5 B | 5.6 B | 4.8 B | 4.5 B | 4.7 B | 5.2 B | 5.9 B | 6 B | 4.7 B | 7.5 B | 6.2 B | 8.5 B | 8.2 B | 9.5 B | 9.9 B |
| MKDW | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.3 M) | (1.6 M) | (2.5 M) | (2.3 M) | (2.4 M) |
| CAPR | (200) | (4.9 M) | (1.9 M) | (8.9 M) | (6.2 M) | (12.9 M) | (18.8 M) | 2.4 M | (15.2 M) | (7.6 M) | (13.7 M) | (20 M) | (29 M) | (22.3 M) | (40.5 M) | (36.4 M) | (34.6 M) |
| LPSN | (20 K) | 12 M | 6.4 M | (3.5 M) | (7.3 M) | (26.4 M) | (25.9 M) | (18.2 M) | (25 M) | (96.1 M) | (107.6 M) | (125 M) | (225.7 M) | (100.4 M) | (134.3 M) | (120.8 M) | (114.8 M) |
| EVTC | 24.2 M | 24.2 M | 77.4 M | (24.6 M) | 67.5 M | 74.6 M | 75 M | 55.1 M | 86.3 M | 103.5 M | 104.4 M | 161.1 M | 239 M | 79.7 M | 112.6 M | 129.5 M | 97.1 M |
Thor Industries and related stocks such as McDonalds, Goldman Sachs, and PAX Global Technology Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Thor Industries financial statement analysis. It represents the amount of money remaining after all of Thor Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Thor Industries Competitive Analysis
The better you understand Thor Industries competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Thor Industries' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Thor Industries' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Thor Industries Competition Performance Charts
Five steps to successful analysis of Thor Industries Competition
Thor Industries' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Thor Industries in relation to its competition. Thor Industries' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Thor Industries in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Thor Industries' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Thor Industries, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Thor Industries Correlation with its peers. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Will Automobile Manufacturers sector continue expanding? Could Thor diversify its offerings? 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. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Thor Industries data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.399 | Dividend Share 2.02 | Earnings Share 5.28 | Revenue Per Share | Quarterly Revenue Growth 0.115 |
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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. Meanwhile, Thor Industries' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.