Thor Explorations Stock Price on May 30, 2024
THX Stock | CAD 0.28 0.02 6.67% |
Below is the normalized historical share price chart for Thor Explorations extending back to September 14, 2006. 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 Explorations stands at 0.28, as last reported on the 27th of November, with the highest price reaching 0.29 and the lowest price hitting 0.28 during the day.
If you're considering investing in Thor Stock, it is important to understand the factors that can impact its price. Thor Explorations owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0451, which indicates the firm had a -0.0451% return per unit of risk over the last 3 months. Thor Explorations exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thor Explorations' Coefficient Of Variation of 5560.42, risk adjusted performance of 0.0217, and Semi Deviation of 2.55 to confirm the risk estimate we provide.
At this time, Thor Explorations' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 688 M in 2024, whereas Common Stock is likely to drop slightly above 60 M in 2024. . At this time, Thor Explorations' Price Earnings Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 1.94 in 2024, whereas Price Book Value Ratio is likely to drop 1.00 in 2024. Thor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2626 | 50 Day MA 0.292 | Beta 1.478 |
Thor |
Sharpe Ratio = -0.0451
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Negative Returns | THX |
Estimated Market Risk
3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thor Explorations 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 Thor Explorations by adding Thor Explorations to a well-diversified portfolio.
Price Book 0.8283 | Enterprise Value Ebitda 1.6359 | Price Sales 1.2739 | Shares Float 488.9 M | Wall Street Target Price 0.46 |
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Thor Explorations Valuation on May 30, 2024
It is possible to determine the worth of Thor Explorations on a given historical date. On May 30, 2024 Thor was worth 0.27 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Explorations stock. Still, in general, we apply an absolute valuation method to find Thor Explorations' 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 Explorations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Explorations' related companies.
Open | High | Low | Close | Volume | |
0.27 | 0.28 | 0.27 | 0.27 | 187,500 | |
05/30/2024 | 0.27 | 0.28 | 0.27 | 0.28 | 110,000 |
0.28 | 0.28 | 0.26 | 0.27 | 296,700 |
Backtest Thor Explorations | | | Thor Explorations History | | | Thor Explorations Valuation | Previous | Next |
Thor Explorations Trading Date Momentum on May 30, 2024
On May 31 2024 Thor Explorations was traded for 0.27 at the closing time. The highest daily price throughout the period was 0.28 and the lowest price was 0.26 . The daily volume was 296.7 K. The net trading volume on 05/31/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 3.57% . The trading price change to current closing price is 0.00% . |
Thor Explorations Fundamentals Correlations and Trends
By evaluating Thor Explorations' 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 Explorations' 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 Explorations Stock history
Thor Explorations 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 Explorations 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 Explorations stock prices may prove useful in developing a viable investing in Thor Explorations
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 655.2 M | 688 M | |
Net Loss | -3.5 M | -3.7 M |
Thor Explorations Stock Technical Analysis
Thor Explorations 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 Explorations Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Thor Explorations cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Thor Explorations November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Thor Explorations 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 Explorations shares will generate the highest return on investment. By undertsting and applying Thor Explorations stock market strength indicators, traders can identify Thor Explorations entry and exit signals to maximize returns
Thor Explorations Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thor Explorations' 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 | 0.0217 | |||
Jensen Alpha | 0.1337 | |||
Total Risk Alpha | (0.53) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.09) |
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Additional Tools for Thor Stock Analysis
When running Thor Explorations' price analysis, check to measure Thor Explorations' 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 Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.