Thresher Financial Statements From 2010 to 2026
| THRR Stock | USD 0.0001 0.00 0.00% |
Check Thresher Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thresher Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Thresher financial statements analysis is a perfect complement when working with Thresher Industries Valuation or Volatility modules.
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Thresher Industries Company Return On Equity Analysis
Thresher Industries' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Thresher Industries Return On Equity | -0.27 |
Most of Thresher Industries' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thresher Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Thresher Industries has a Return On Equity of -0.2734. This is 162.14% lower than that of the Industrials sector and 31.65% lower than that of the Metal Fabrication industry. The return on equity for all United States stocks is 11.81% lower than that of the firm.
Thresher Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thresher Industries's current stock value. Our valuation model uses many indicators to compare Thresher Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thresher Industries competition to find correlations between indicators driving Thresher Industries's intrinsic value. More Info.Thresher Industries is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thresher Industries' earnings, one of the primary drivers of an investment's value.About Thresher Industries Financial Statements
Thresher Industries shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Thresher Industries investors may analyze each financial statement separately, they are all interrelated. The changes in Thresher Industries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Thresher Industries' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Thresher Industries, Inc. engages in the production and sale of aluminum and metal matrix composite alloy castings. The company, formerly known as QUEE Corporation, was founded in 2005 and is headquartered in Hanford, California. THRESHER INDUSTRIES is traded on PNK Exchange in the United States.
Pair Trading with Thresher Industries
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 Thresher Industries 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 Thresher Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Thresher Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thresher Industries 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 Thresher Industries - 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 Thresher Industries to buy it.
The correlation of Thresher Industries 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 Thresher Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thresher Industries 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 Thresher Industries 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.Additional Tools for Thresher Pink Sheet Analysis
When running Thresher Industries' price analysis, check to measure Thresher Industries' 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 Thresher Industries is operating at the current time. Most of Thresher Industries' value examination focuses on studying past and present price action to predict the probability of Thresher Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thresher Industries' price. Additionally, you may evaluate how the addition of Thresher Industries to your portfolios can decrease your overall portfolio volatility.