Thinkific Labs Stock Price on May 21, 2024
| THNCF Stock | USD 2.21 0.00 0.00% |
If you're considering investing in Thinkific Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Thinkific Labs stands at 2.21, as last reported on the 11th of December 2024, with the highest price reaching 2.21 and the lowest price hitting 2.21 during the day. At this point, Thinkific Labs is risky. Thinkific Labs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0084, which indicates the firm had a 0.0084% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Thinkific Labs, which you can use to evaluate the volatility of the company. Please validate Thinkific Labs' Variance of 7.56, risk adjusted performance of 0.0133, and Coefficient Of Variation of 12144.05 to confirm if the risk estimate we provide is consistent with the expected return of 0.0233%.
Thinkific Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Thinkific |
Sharpe Ratio = 0.0084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | THNCF |
Estimated Market Risk
| 2.79 actual daily | 24 76% 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 Thinkific Labs 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 Thinkific Labs by adding Thinkific Labs to a well-diversified portfolio.
Thinkific Labs Valuation on May 21, 2024
It is possible to determine the worth of Thinkific Labs on a given historical date. On May 21, 2024 Thinkific was worth 2.77 at the beginning of the trading date compared to the closed value of 2.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinkific Labs pink sheet. Still, in general, we apply an absolute valuation method to find Thinkific Labs' 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 Thinkific Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinkific Labs' related companies.
| Open | High | Low | Close | Volume | |
| 2.80 | 2.80 | 2.80 | 2.80 | 1.00 | |
05/21/2024 | 2.77 | 2.77 | 2.77 | 2.77 | 100.00 |
| 2.77 | 2.77 | 2.77 | 2.77 | 1.00 |
| Backtest Thinkific Labs | | | Thinkific Labs History | | | Thinkific Labs Valuation | Previous | Next |
Thinkific Labs Trading Date Momentum on May 21, 2024
| On May 22 2024 Thinkific Labs was traded for 2.77 at the closing time. The highest daily price throughout the period was 2.77 and the lowest price was 2.77 . There was no trading activity during the period 1.0. Lack of trading volume on 05/22/2024 did not result in any price rise and fall. The trading price change to current closing price is 7.22% . |
Thinkific Labs Fundamentals Correlations and Trends
By evaluating Thinkific Labs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thinkific Labs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thinkific financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thinkific Labs Pink Sheet history
Thinkific Labs 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 Thinkific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinkific Labs 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 Thinkific Labs stock prices may prove useful in developing a viable investing in Thinkific Labs
Thinkific Labs Inc. develops, markets, and supports cloud-based platform in Canada, the United States, and internationally. The company was incorporated in 2012 and is headquartered in Vancouver, Canada. Thinkific Labs operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 450 people.
Thinkific Labs Pink Sheet Technical Analysis
Thinkific Labs technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Thinkific Labs Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Thinkific Labs cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Thinkific Labs December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Thinkific Labs pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkific Labs shares will generate the highest return on investment. By undertsting and applying Thinkific Labs pink sheet market strength indicators, traders can identify Thinkific Labs entry and exit signals to maximize returns
Thinkific Labs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thinkific Labs' price direction in advance. Along with the technical and fundamental analysis of Thinkific Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thinkific 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.
| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | 0.0185 | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Thinkific Pink Sheet analysis
When running Thinkific Labs' price analysis, check to measure Thinkific Labs' 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 Thinkific Labs is operating at the current time. Most of Thinkific Labs' value examination focuses on studying past and present price action to predict the probability of Thinkific Labs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thinkific Labs' price. Additionally, you may evaluate how the addition of Thinkific Labs to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |