Thermon Group Holdings Stock Price Prediction
| THR Stock | USD 31.97 0.79 2.53% |
Oversold Vs Overbought
58
Oversold | Overbought |
Quarterly Earnings Growth (0.35) | EPS Estimate Next Quarter 0.66 | EPS Estimate Current Year 1.8 | EPS Estimate Next Year 1.94 | Wall Street Target Price 35 |
Using Thermon Group hype-based prediction, you can estimate the value of Thermon Group Holdings from the perspective of Thermon Group response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Thermon Group to buy its stock at a price that has no basis in reality. In that case, they are not buying Thermon because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Thermon Group after-hype prediction price | USD 32.05 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Thermon |
Thermon Group After-Hype Price Prediction Density Analysis
As far as predicting the price of Thermon Group at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Thermon Group or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Thermon Group, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Thermon Group Estimiated After-Hype Price Volatility
In the context of predicting Thermon Group's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Thermon Group's historical news coverage. Thermon Group's after-hype downside and upside margins for the prediction period are 29.83 and 34.27, respectively. We have considered Thermon Group's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Thermon Group is very steady at this time. Analysis and calculation of next after-hype price of Thermon Group Holdings is based on 3 months time horizon.
Thermon Group Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Thermon Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thermon Group backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Thermon Group, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 2.22 | 0.08 | 0.10 | 7 Events / Month | 12 Events / Month | In about 7 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
31.97 | 32.05 | 0.25 |
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Thermon Group Hype Timeline
On the 25th of November Thermon Group Holdings is traded for 31.97. The entity has historical hype elasticity of 0.08, and average elasticity to hype of competition of -0.1. Thermon is forecasted to increase in value after the next headline, with the price projected to jump to 32.05 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.25%, whereas the daily expected return is at this time at 0.1%. The volatility of related hype on Thermon Group is about 221.12%, with the expected price after the next announcement by competition of 31.87. The company reported the last year's revenue of 494.63 M. Total Income to common stockholders was 51.59 M with profit before taxes, overhead, and interest of 138.67 M. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days. Check out Thermon Group Basic Forecasting Models to cross-verify your projections.Thermon Group Related Hype Analysis
Having access to credible news sources related to Thermon Group's direct competition is more important than ever and may enhance your ability to predict Thermon Group's future price movements. Getting to know how Thermon Group's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Thermon Group may potentially react to the hype associated with one of its peers.
Thermon Group Additional Predictive Modules
Most predictive techniques to examine Thermon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Thermon using various technical indicators. When you analyze Thermon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Thermon Group Predictive Indicators
The successful prediction of Thermon Group stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Thermon Group Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Thermon Group based on analysis of Thermon Group hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Thermon Group's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Thermon Group's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0134 | 0.0118 | Price To Sales Ratio | 2.24 | 2.45 |
Story Coverage note for Thermon Group
The number of cover stories for Thermon Group depends on current market conditions and Thermon Group's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Thermon Group is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Thermon Group's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Thermon Group Short Properties
Thermon Group's future price predictability will typically decrease when Thermon Group's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Thermon Group Holdings often depends not only on the future outlook of the potential Thermon Group's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Thermon Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 34.1 M | |
| Cash And Short Term Investments | 48.6 M |
Additional Tools for Thermon Stock Analysis
When running Thermon Group's price analysis, check to measure Thermon Group'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 Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.