Thor Industries Stock Price on July 18, 2024
THO Stock | USD 111.13 2.02 1.79% |
Below is the normalized historical share price chart for Thor Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thor Industries stands at 111.13, as last reported on the 29th of November, with the highest price reaching 115.15 and the lowest price hitting 111.08 during the day.
If you're considering investing in Thor Stock, it is important to understand the factors that can impact its price. As of now, Thor Stock is very steady. Thor Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0533, which indicates the firm had a 0.0533% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thor Industries, which you can use to evaluate the volatility of the company. Please validate Thor Industries' Semi Deviation of 1.94, risk adjusted performance of 0.0322, and Coefficient Of Variation of 2984.91 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Thor Industries' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 57.6 M, though Other Stockholder Equity is likely to grow to (95.3 M). . At this time, Thor Industries' Price Book Value Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Book Ratio is likely to grow to 1.80, while Price To Sales Ratio is likely to drop 0.45. Thor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 104.7304 | 50 Day MA 108.9124 | Beta 1.663 |
Thor |
Sharpe Ratio = 0.0533
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Estimated Market Risk
2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Thor Industries is performing at about 4% of its full potential. 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 Thor Industries by adding it to a well-diversified portfolio.
Price Book 1.4509 | Enterprise Value Ebitda 9.1427 | Price Sales 0.5876 | Shares Float 47.7 M | Dividend Share 1.92 |
Thor Industries Main Headline on 18th of July 2024
Thor Industries dividend paid on 18th of July 2024 |
Thor Industries Valuation on July 18, 2024
It is possible to determine the worth of Thor Industries on a given historical date. On July 18, 2024 Thor was worth 99.34 at the beginning of the trading date compared to the closed value of 98.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Industries stock. Still, in general, we apply an absolute valuation method to find Thor Industries' 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 Thor Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Industries' related companies.
Open | High | Low | Close | Volume | |
101.51 | 103.12 | 99.39 | 99.74 | 845,267 | |
07/18/2024 | 99.34 | 102.69 | 97.77 | 98.05 | 418,940 |
97.83 | 98.16 | 94.69 | 95.66 | 423,721 |
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Thor Industries Trading Date Momentum on July 18, 2024
On July 19 2024 Thor Industries was traded for 95.66 at the closing time. Highest Thor Industries's price during the trading hours was 98.16 and the lowest price during the day was 94.69 . The net volume was 423.7 K. The overall trading history on the 19th of July contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.44% . The trading price change to current price is 5.01% . |
Thor Industries Fundamentals Correlations and Trends
By evaluating Thor Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thor Industries Stock history
Thor Industries 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 Thor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thor Industries 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 Thor Industries stock prices may prove useful in developing a viable investing in Thor Industries
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 53.7 M | 57.6 M | |
Net Income Applicable To Common Shares | 430.4 M | 242.3 M |
Thor Industries Quarterly Net Working Capital |
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Thor Industries Stock Technical Analysis
Thor Industries technical 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, stock market cycles, or different charting patterns.
Price Boundaries
Thor Industries Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Thor Industries November 29, 2024 Market Strength
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
Thor Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thor Industries' price direction in advance. Along with the technical and fundamental analysis of Thor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thor 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 | 0.0322 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0418 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
Quarterly Earnings Growth 0.001 | Dividend Share 1.92 | Earnings Share 4.95 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) |
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.