ThermoEnergy Earnings Estimate
ThermoEnergy Earnings per Share Projection vs Actual
About ThermoEnergy Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of ThermoEnergy earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current ThermoEnergy estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as ThermoEnergy fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.ThermoEnergy Corporation is engaged in the commercialization of wastewater treatment systems and development of carbon reducing combustion technologies worldwide. The company was founded in 1988 and is headquartered in Worcester, Massachusetts. Thermoenergy Corp is traded on OTC Exchange in the United States.
Pair Trading with ThermoEnergy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ThermoEnergy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ThermoEnergy will appreciate offsetting losses from the drop in the long position's value.Moving against ThermoEnergy Stock
| 0.42 | FELE | Franklin Electric Earnings Call This Week | PairCorr |
| 0.39 | ERII | Energy Recovery | PairCorr |
| 0.37 | IR | Ingersoll Rand Earnings Call Tomorrow | PairCorr |
| 0.33 | HY | Hyster Yale Materials | PairCorr |
The ability to find closely correlated positions to ThermoEnergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ThermoEnergy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ThermoEnergy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ThermoEnergy to buy it.
The correlation of ThermoEnergy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ThermoEnergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ThermoEnergy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ThermoEnergy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ThermoEnergy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in discontinued. To learn how to invest in ThermoEnergy Stock, please use our How to Invest in ThermoEnergy guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Will Industrial Machinery & Supplies & Components sector continue expanding? Could ThermoEnergy diversify its offerings? Factors like these will boost the valuation of ThermoEnergy. If investors know ThermoEnergy will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every ThermoEnergy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate ThermoEnergy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating ThermoEnergy's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause ThermoEnergy's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between ThermoEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ThermoEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, ThermoEnergy's market price signifies the transaction level at which participants voluntarily complete trades.