Thermal Energy International Stock Price on December 3, 2024
TMGEF Stock | USD 0.14 0.01 7.69% |
If you're considering investing in Thermal OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thermal Energy stands at 0.14, as last reported on the 12th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. Thermal Energy Inter owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.052, which indicates the firm had a -0.052% return per unit of risk over the last 3 months. Thermal Energy International exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thermal Energy's Variance of 25.65, risk adjusted performance of (0.02), and Coefficient Of Variation of (3,028) to confirm the risk estimate we provide.
Thermal OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thermal |
Sharpe Ratio = -0.052
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Estimated Market Risk
5.09 actual daily | 45 55% of assets are more volatile |
Expected Return
-0.26 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 Thermal Energy 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 Thermal Energy by adding Thermal Energy to a well-diversified portfolio.
Thermal Energy Valuation on December 3, 2024
It is possible to determine the worth of Thermal Energy on a given historical date. On December 3, 2024 Thermal was worth 0.14 at the beginning of the trading date compared to the closed value of 0.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thermal Energy otc stock. Still, in general, we apply an absolute valuation method to find Thermal Energy'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 Thermal Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thermal Energy's related companies.
Open | High | Low | Close | Volume | |
0.15 | 0.15 | 0.13 | 0.14 | 28,560 | |
12/03/2024 | 0.14 | 0.14 | 0.14 | 0.14 | 1.00 |
0.14 | 0.14 | 0.14 | 0.14 | 237,700 |
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Thermal Energy Trading Date Momentum on December 3, 2024
On December 04 2024 Thermal Energy International was traded for 0.14 at the closing time. The highest daily price throughout the period was 0.14 and the lowest price was 0.14 . The daily volume was 237.7 K. The net trading volume on 12/04/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Thermal Energy Inter Fundamentals Correlations and Trends
By evaluating Thermal Energy'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 Thermal Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thermal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thermal Energy OTC Stock history
Thermal Energy 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 Thermal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thermal Energy Inter 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 Thermal Energy stock prices may prove useful in developing a viable investing in Thermal Energy
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Thermal Energy International Inc. was incorporated in 1991 and is based in Ottawa, Canada. Thermal Energy operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange.
Thermal Energy OTC Stock Technical Analysis
Thermal Energy 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.
Price Boundaries
Thermal Energy Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Thermal Energy International cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Thermal Energy December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Thermal Energy 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 Thermal Energy shares will generate the highest return on investment. By undertsting and applying Thermal Energy otc stock market strength indicators, traders can identify Thermal Energy International entry and exit signals to maximize returns
Thermal Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thermal Energy's price direction in advance. Along with the technical and fundamental analysis of Thermal OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thermal 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 | (0.02) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.98) | |||
Treynor Ratio | 0.8655 |
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Complementary Tools for Thermal OTC Stock analysis
When running Thermal Energy's price analysis, check to measure Thermal Energy'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 Thermal Energy is operating at the current time. Most of Thermal Energy's value examination focuses on studying past and present price action to predict the probability of Thermal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermal Energy's price. Additionally, you may evaluate how the addition of Thermal Energy to your portfolios can decrease your overall portfolio volatility.
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