Thunderbird Entertainment Group Stock Price on May 15, 2023

THBRF Stock  USD 1.29  0.03  2.27%   
If you're considering investing in Thunderbird OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thunderbird Entertainment stands at 1.29, as last reported on the 1st of December, with the highest price reaching 1.31 and the lowest price hitting 1.26 during the day. Thunderbird Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0067, which indicates the firm had a -0.0067% return per unit of risk over the last 3 months. Thunderbird Entertainment Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thunderbird Entertainment's Variance of 14.42, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,604) to confirm the risk estimate we provide.
  
Thunderbird OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0067

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Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thunderbird Entertainment is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thunderbird Entertainment by adding Thunderbird Entertainment to a well-diversified portfolio.

Thunderbird Entertainment Valuation on May 15, 2023

It is possible to determine the worth of Thunderbird Entertainment on a given historical date. On May 15, 2023 Thunderbird was worth 2.62 at the beginning of the trading date compared to the closed value of 2.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thunderbird Entertainment otc stock. Still, in general, we apply an absolute valuation method to find Thunderbird Entertainment's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thunderbird Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thunderbird Entertainment's related companies.
 Open High Low Close Volume
  2.59    2.59    2.59    2.59    500.00  
05/15/2023
  2.62    2.68    2.62    2.68    800.00  
  2.73    2.73    2.73    2.73    7,200  
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Open Value
2.62
2.68
Closing Value
13.77
Upside

Thunderbird Entertainment Trading Date Momentum on May 15, 2023

On May 16 2023 Thunderbird Entertainment Group was traded for  2.73  at the closing time. The highest daily price throughout the period was 2.73  and the lowest price was  2.73 . The daily volume was 7.2 K. The net trading volume on 05/16/2023 added to the next day price rise. The trading price change to closing price of the next trading day was 1.87% . The trading price change to current closing price is 3.36% .

Thunderbird Entertainment Fundamentals Correlations and Trends

By evaluating Thunderbird Entertainment's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thunderbird Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thunderbird financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thunderbird Entertainment OTC Stock history

Thunderbird Entertainment investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thunderbird is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thunderbird Entertainment will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thunderbird Entertainment stock prices may prove useful in developing a viable investing in Thunderbird Entertainment
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs in Canada, the United States, Denmark, the Republic of Ireland, and internationally. Thunderbird Entertainment Group Inc. is headquartered in Vancouver, Canada. THUNDERBIRD ENTERTAINMENT is traded on OTC Exchange in the United States.

Thunderbird Entertainment OTC Stock Technical Analysis

Thunderbird Entertainment technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Thunderbird Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thunderbird Entertainment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thunderbird Entertainment Period Price Range

Low
December 1, 2024
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Thunderbird Entertainment Group cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Thunderbird Entertainment December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Thunderbird Entertainment otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thunderbird Entertainment shares will generate the highest return on investment. By undertsting and applying Thunderbird Entertainment otc stock market strength indicators, traders can identify Thunderbird Entertainment Group entry and exit signals to maximize returns

Thunderbird Entertainment Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thunderbird Entertainment's price direction in advance. Along with the technical and fundamental analysis of Thunderbird OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thunderbird to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Thunderbird OTC Stock analysis

When running Thunderbird Entertainment's price analysis, check to measure Thunderbird Entertainment'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 Thunderbird Entertainment is operating at the current time. Most of Thunderbird Entertainment's value examination focuses on studying past and present price action to predict the probability of Thunderbird Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunderbird Entertainment's price. Additionally, you may evaluate how the addition of Thunderbird Entertainment to your portfolios can decrease your overall portfolio volatility.
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