THORNEY TECHS Financials
| TTG Stock | EUR 0.08 0.0005 0.63% |
THORNEY |
Understanding current and past THORNEY TECHS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of THORNEY TECHS's financial statements are interrelated, with each one affecting the others. For example, an increase in THORNEY TECHS's assets may result in an increase in income on the income statement.
THORNEY TECHS Stock Summary
THORNEY TECHS competes with Apple, Apple, Apple, Apple, and Apple. Thorney Technologies Ltd invests in technology related companies. Thorney Technologies Ltd was founded in 2005 and is based in Melbourne, Australia. THORNEY TECHS is traded on Frankfurt Stock Exchange in Germany.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | AU000000TEK4 |
| Business Address | 55 Collins Street |
| Benchmark | Dow Jones Industrial |
| Website | www.thorneytechnologies.com.au |
| Phone | 61 3 9921 7116 |
| Currency | EUR - Euro |
You should never invest in THORNEY TECHS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of THORNEY Stock, because this is throwing your money away. Analyzing the key information contained in THORNEY TECHS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
THORNEY TECHS Key Financial Ratios
There are many critical financial ratios that THORNEY TECHS's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that THORNEY TECHS LTD reports annually and quarterly.| Return On Equity | -0.27 | |||
| Return On Asset | -0.24 | |||
| Beta | 1.25 |
THORNEY Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining THORNEY TECHS's current stock value. Our valuation model uses many indicators to compare THORNEY TECHS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across THORNEY TECHS competition to find correlations between indicators driving THORNEY TECHS's intrinsic value. More Info.THORNEY TECHS LTD 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 THORNEY TECHS's earnings, one of the primary drivers of an investment's value.THORNEY TECHS LTD Systematic Risk
THORNEY TECHS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. THORNEY TECHS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on THORNEY TECHS LTD correlated with the market. If Beta is less than 0 THORNEY TECHS generally moves in the opposite direction as compared to the market. If THORNEY TECHS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one THORNEY TECHS LTD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of THORNEY TECHS is generally in the same direction as the market. If Beta > 1 THORNEY TECHS moves generally in the same direction as, but more than the movement of the benchmark.
THORNEY TECHS Thematic Clasifications
THORNEY TECHS LTD is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
THORNEY TECHS November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of THORNEY TECHS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of THORNEY TECHS LTD. We use our internally-developed statistical techniques to arrive at the intrinsic value of THORNEY TECHS LTD based on widely used predictive technical indicators. In general, we focus on analyzing THORNEY Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build THORNEY TECHS's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.27 | |||
| Information Ratio | 0.0682 | |||
| Maximum Drawdown | 27.57 | |||
| Value At Risk | (7.43) | |||
| Potential Upside | 9.38 |
Complementary Tools for THORNEY Stock analysis
When running THORNEY TECHS's price analysis, check to measure THORNEY TECHS's 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 THORNEY TECHS is operating at the current time. Most of THORNEY TECHS's value examination focuses on studying past and present price action to predict the probability of THORNEY TECHS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move THORNEY TECHS's price. Additionally, you may evaluate how the addition of THORNEY TECHS to your portfolios can decrease your overall portfolio volatility.
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