How Is The Market Feeling About Thermon Group Holdings - Benzinga
| THR Stock | USD 29.70 0.43 1.43% |
Slightly above 61% of Thermon Group's investor base is looking to short. The analysis of overall sentiment of trading Thermon Group Holdings stock suggests that many investors are alarmed at this time. Thermon Group's investing sentiment overview a quick insight into current market opportunities from investing in Thermon Group Holdings. Many technical investors use Thermon Group Holdings stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
How Is The Market Feeling About Thermon Group Holdings Benzinga
Read at news.google.com
 |
Thermon Group Fundamental Analysis
We analyze Thermon Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thermon Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thermon Group 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.
Gross Profit
Gross Profit Comparative Analysis
Thermon Group is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Thermon Group Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thermon Group stock to make a market-neutral strategy. Peer analysis of Thermon Group could also be used in its relative valuation, which is a method of valuing Thermon Group by comparing valuation metrics with similar companies.
Peers
Thermon Group Related Equities
| ITT | ITT | 0.27 | ||||
| SXI | Standex International | 0.16 | ||||
| GHM | Graham | 0.13 | ||||
| NPO | Enpro Industries | 0.10 | ||||
| LXFR | Luxfer Holdings | 0.08 | ||||
| IEX | IDEX | 0.11 | ||||
| DCI | Donaldson | 0.61 | ||||
| FELE | Franklin Electric | 0.68 | ||||
| EPAC | Enerpac Tool | 0.71 | ||||
| GRC | Gorman Rupp | 0.75 | ||||
| KAI | Kadant | 1.21 | ||||
| CR | Crane | 1.53 | ||||
| OFLX | Omega Flex | 3.05 | ||||
| HURC | Hurco Companies | 5.87 |
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.