Thermo Fisher Scientific Stock Price on September 30, 2024
| TMO Stock | USD 513.26 2.84 0.55% |
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 513.26, as last reported on the 24th of November, with the highest price reaching 517.00 and the lowest price hitting 507.17 during the day.
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 -0.21, which indicates the firm had a -0.21% return per unit of risk over the last 3 months. Thermo Fisher Scientific exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thermo Fisher's Risk Adjusted Performance of (0.15), coefficient of variation of (499.86), and Variance of 1.42 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 24th of November 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.
IPO Date 13th of January 1978 | 200 Day MA 577.5024 | 50 Day MA 575.7264 | Beta 0.792 |
Thermo |
Sharpe Ratio = -0.2056
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| Negative Returns | TMO |
Estimated Market Risk
| 1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 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 4.0072 | Enterprise Value Ebitda 19.5576 | Price Sales 4.6335 | Shares Float 381.7 M | Dividend Share 1.52 |
Related Headline
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Thermo Fisher Valuation on September 30, 2024
It is possible to determine the worth of Thermo Fisher on a given historical date. On September 30, 2024 Thermo was worth 612.49 at the beginning of the trading date compared to the closed value of 618.57. 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 | |
| 619.39 | 623.77 | 614.04 | 614.42 | 871,044 | |
09/30/2024 | 612.49 | 619.02 | 609.03 | 618.57 | 1,041,295 |
| 620.00 | 620.00 | 610.57 | 612.94 | 1,169,205 |
| Backtest Thermo Fisher | | | Thermo Fisher History | | | Thermo Fisher Valuation | Previous | Next |
Thermo Fisher Trading Date Momentum on September 30, 2024
| On October 01 2024 Thermo Fisher Scientific was traded for 612.94 at the closing time. Highest Thermo Fisher's price during the trading hours was 620.00 and the lowest price during the day was 610.57 . The net volume was 1.2 M. The overall trading history on the 1st of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.91% . The trading price change to current price is 3.46% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 388 M | 272.7 M | |
| Net Income Applicable To Common Shares | 8 B | 8.4 B |
Thermo Fisher Quarterly Net Working Capital |
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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.
Price Boundaries
Thermo Fisher Period Price Range
Low | November 24, 2024
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0.00 | 0.00 |
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 November 24, 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.
| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.41) |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 15.96 | 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.