Third Harmonic Bio executive sells shares worth over 71,000

THRD Stock  USD 12.76  0.35  2.67%   
About 61% of Third Harmonic's investor base is looking to short. The analysis of the overall investor sentiment regarding Third Harmonic Bio suggests that many traders are alarmed. The current market sentiment, together with Third Harmonic's historical and current headlines, can help investors time the market. In addition, many technical investors use Third Harmonic Bio stock news signals to limit their universe of possible portfolio assets.
  
Third Harmonic Bio executive sells shares worth over 71,000

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Third Harmonic Fundamental Analysis

We analyze Third Harmonic's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Third Harmonic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Third Harmonic 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.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

Third Harmonic is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Third Harmonic Bio 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 Third Harmonic stock to make a market-neutral strategy. Peer analysis of Third Harmonic could also be used in its relative valuation, which is a method of valuing Third Harmonic by comparing valuation metrics with similar companies.

Peers

Third Harmonic Related Equities

PASGPassage Bio   68.66   
0%
100.0%
GLUEMonte Rosa   13.72   
0%
19.0%
RLYBRallybio Corp   6.36   
0%
9.0%
CGEMCullinan Oncology   2.75   
0%
4.0%
EWTXEdgewise Therapeutics   2.48   
0%
3.0%
HOWLWerewolf Therapeutics   1.52   
0%
2.0%
PMVPPmv Pharmaceuticals   1.25   
0%
1.0%
ACRVAcrivon Therapeutics,   0.80   
0%
1.0%
NUVBNuvation Bio   0.35   
0%
1.0%
RVMDRevolution Medicines   1.25   
1.0%
0%
ELYMEliem Therapeutics   1.30   
1.0%
0%
NXTCNextCure   2.50   
3.0%
0%
SNSESensei Biotherapeutics   3.57   
5.0%
0%

Complementary Tools for Third Stock analysis

When running Third Harmonic's price analysis, check to measure Third Harmonic'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 Third Harmonic is operating at the current time. Most of Third Harmonic's value examination focuses on studying past and present price action to predict the probability of Third Harmonic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Third Harmonic's price. Additionally, you may evaluate how the addition of Third Harmonic to your portfolios can decrease your overall portfolio volatility.
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