Thermo Fisher Scientific Stock Price on August 27, 2024

TMO Stock  USD 525.00  9.36  1.75%   
Below is the normalized historical share price chart for Thermo Fisher Scientific 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 Thermo Fisher stands at 525.00, as last reported on the 13th of December 2024, with the highest price reaching 531.89 and the lowest price hitting 524.05 during the day.
IPO Date
13th of January 1978
200 Day MA
575.9656
50 Day MA
555.1944
Beta
0.792
 
Black Monday
 
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Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in Thermo Stock, it is important to understand the factors that can impact its price. Thermo Fisher Scientific owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Thermo Fisher Scientific exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thermo Fisher's Risk Adjusted Performance of (0.14), coefficient of variation of (520.02), and Variance of 1.55 to confirm the risk estimate we provide.
  
At this time, Thermo Fisher's Total Stockholder Equity is very stable compared to the past year. As of the 13th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 103.7 B, while Common Stock Shares Outstanding is likely to drop about 272.7 M. . At this time, Thermo Fisher's Price Fair Value is very stable compared to the past year. Thermo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1896

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Estimated Market Risk

 1.27
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thermo Fisher 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 Thermo Fisher by adding Thermo Fisher to a well-diversified portfolio.
Price Book
4.172
Enterprise Value Ebitda
20.2591
Price Sales
4.824
Shares Float
381.7 M
Dividend Share
1.52

Thermo Fisher Valuation on August 27, 2024

It is possible to determine the worth of Thermo Fisher on a given historical date. On August 27, 2024 Thermo was worth 605.22 at the beginning of the trading date compared to the closed value of 610.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thermo Fisher stock. Still, in general, we apply an absolute valuation method to find Thermo Fisher'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 Thermo Fisher where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thermo Fisher's related companies.
 Open High Low Close Volume
  605.62    606.52    601.87    605.21    519,485  
08/27/2024
  605.22    610.59    601.62    610.01    737,395  
  609.86    617.61    608.82    612.75    790,456  
Backtest Thermo Fisher  |  Thermo Fisher History  |  Thermo Fisher Valuation   PreviousNext  
Open Value
605.22
601.41
Downside
610.01
Closing Value
609.03
Upside

Thermo Fisher Trading Date Momentum on August 27, 2024

On August 28 2024 Thermo Fisher Scientific was traded for  612.75  at the closing time. Highest Thermo Fisher's price during the trading hours was 617.61  and the lowest price during the day was  608.82 . The net volume was 790.5 K. The overall trading history on the 28th of August contributed to the next trading period price boost. The trading price change to the next next day price was 0.45% . The trading price change to current price is 0.48% .

Thermo Fisher Scientific Fundamentals Correlations and Trends

By evaluating Thermo Fisher'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 Thermo Fisher's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thermo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Thermo Fisher Stock history

Thermo Fisher 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 Thermo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thermo Fisher Scientific 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 Thermo Fisher stock prices may prove useful in developing a viable investing in Thermo Fisher
Last ReportedProjected for Next Year
Common Stock Shares Outstanding388 M272.7 M
Net Income Applicable To Common SharesB8.4 B

Thermo Fisher Quarterly Net Working Capital

9.18 Billion

Thermo Fisher Stock Technical Analysis

Thermo Fisher 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.
A focus of Thermo Fisher technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thermo Fisher 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

Thermo Fisher Period Price Range

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December 13, 2024
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Thermo Fisher Scientific cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Thermo Fisher December 13, 2024 Market Strength

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

Thermo Fisher Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thermo Fisher's price direction in advance. Along with the technical and fundamental analysis of Thermo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thermo 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.
When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Life Sciences Tools & Services 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 Thermo Fisher. If investors know Thermo 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 Thermo Fisher 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
(0.04)
Dividend Share
1.52
Earnings Share
15.65
Revenue Per Share
110.627
Quarterly Revenue Growth
0.002
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's 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 Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's 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 Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's 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.