Thresher Industries Stock Net Income
| THRR Stock | USD 0.0001 0.00 0.00% |
Fundamental analysis of Thresher Industries allows traders to better anticipate movements in Thresher Industries' stock price by examining its financial health and performance throughout various phases of its business cycle.
Thresher |
Thresher Industries Company Net Income Analysis
Thresher Industries' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Thresher Industries Net Income | (841.38 K) |
Most of Thresher Industries' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thresher Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Thresher Industries reported net income of (841,381). This is 100.32% lower than that of the Industrials sector and 101.79% lower than that of the Metal Fabrication industry. The net income for all United States stocks is 100.15% higher than that of the company.
Thresher Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thresher Industries' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Thresher Industries could also be used in its relative valuation, which is a method of valuing Thresher Industries by comparing valuation metrics of similar companies.Thresher Industries is currently under evaluation in net income category among its peers.
Thresher Fundamentals
| Return On Equity | -0.27 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (1.23) % | |||
| Operating Margin | (1.10) % | |||
| Current Valuation | 2.8 M | |||
| Shares Outstanding | 999.79 M | |||
| Price To Sales | 0 X | |||
| Revenue | 686.06 K | |||
| Gross Profit | 292.54 K | |||
| EBITDA | (737.38 K) | |||
| Net Income | (841.38 K) | |||
| Cash And Equivalents | 1.53 K | |||
| Total Debt | 925.8 K | |||
| Current Ratio | 2.06 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (630.28 K) | |||
| Beta | -1.4 | |||
| Market Capitalization | 999 | |||
| Total Asset | 7.72 M | |||
| Net Asset | 7.72 M |
About Thresher Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thresher Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thresher Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thresher Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Thresher Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thresher Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thresher Industries will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Thresher Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thresher Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thresher Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thresher Industries to buy it.
The correlation of Thresher Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thresher Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thresher Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thresher Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Thresher Pink Sheet Analysis
When running Thresher Industries' price analysis, check to measure Thresher Industries' 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 Thresher Industries is operating at the current time. Most of Thresher Industries' value examination focuses on studying past and present price action to predict the probability of Thresher Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thresher Industries' price. Additionally, you may evaluate how the addition of Thresher Industries to your portfolios can decrease your overall portfolio volatility.