Thor Industries Stock Forecast - Price Action Indicator
| THO Stock | USD 105.02 0.11 0.10% |
Thor Stock Forecast is based on your current time horizon.
The relative strength index (RSI) of Thor Industries' share price is below 30 as of today. This usually implies that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Thor Industries, making its price go up or down. Momentum 25
Sell Stretched
Oversold | Overbought |
Using Thor Industries hype-based prediction, you can estimate the value of Thor Industries from the perspective of Thor Industries response to recently generated media hype and the effects of current headlines on its competitors.
Thor Industries after-hype prediction price | USD 105.39 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Thor Industries to cross-verify your projections. Thor Industries Additional Predictive Modules
Most predictive techniques to examine Thor price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thor using various technical indicators. When you analyze Thor charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 2.23 | (0.47) |
| Check Thor Industries Volatility | Backtest Thor Industries | Information Ratio |
Thor Industries Trading Date Momentum
| On January 05 2026 Thor Industries was traded for 105.02 at the closing time. Highest Thor Industries's price during the trading hours was 106.83 and the lowest price during the day was 104.26 . The net volume was 302.8 K. The overall trading history on the 5th of January did not result in any price rise and fall. The trading price change to current price is 0.10% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Thor Industries to competition |
Other Forecasting Options for Thor Industries
For every potential investor in Thor, whether a beginner or expert, Thor Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Thor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Thor. Basic forecasting techniques help filter out the noise by identifying Thor Industries' price trends.Thor Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thor Industries stock to make a market-neutral strategy. Peer analysis of Thor Industries could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Thor Industries Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Thor Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Thor Industries' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Thor Industries Market Strength Events
Market strength indicators help investors to evaluate how Thor Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thor Industries shares will generate the highest return on investment. By undertsting and applying Thor Industries stock market strength indicators, traders can identify Thor Industries entry and exit signals to maximize returns.
| Accumulation Distribution | 7284.34 | |||
| Daily Balance Of Power | 0.0428 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 105.55 | |||
| Day Typical Price | 105.37 | |||
| Price Action Indicator | (0.47) | |||
| Period Momentum Indicator | 0.11 | |||
| Relative Strength Index | 25.14 |
Thor Industries Risk Indicators
The analysis of Thor Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Thor Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thor stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.57 | |||
| Semi Deviation | 2.39 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.09 | |||
| Downside Variance | 6.18 | |||
| Semi Variance | 5.73 | |||
| Expected Short fall | (1.65) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Thor 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 Thor 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 Thor Industries will appreciate offsetting losses from the drop in the long position's value.Moving against Thor Stock
The ability to find closely correlated positions to Thor 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 Thor 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 Thor 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 Thor Industries to buy it.
The correlation of Thor 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 Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor 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 Thor 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.Check out Historical Fundamental Analysis of Thor Industries to cross-verify your projections. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.