Therma Bright's market value is the price at which a share of Therma Bright trades on a public exchange. It measures the collective expectations of Therma Bright investors about its performance. Therma Bright is trading at 0.041 as of the 26th of December 2025. This is a 17.14 percent increase since the beginning of the trading day. The stock's lowest day price was 0.041. With this module, you can estimate the performance of a buy and hold strategy of Therma Bright and determine expected loss or profit from investing in Therma Bright over a given investment horizon. Check out Therma Bright Correlation, Therma Bright Volatility and Therma Bright Alpha and Beta module to complement your research on Therma Bright.
Please note, there is a significant difference between Therma Bright's value and its price as these two are different measures arrived at by different means. Investors typically determine if Therma Bright is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Therma Bright'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.
Therma Bright 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Therma Bright's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Therma Bright.
0.00
11/26/2025
No Change 0.00
0.0
In 30 days
12/26/2025
0.00
If you would invest 0.00 in Therma Bright on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Therma Bright or generate 0.0% return on investment in Therma Bright over 30 days. Therma Bright is related to or competes with Talis Biomedical, Sigyn Therapeutics, and Zelira Therapeutics. Therma Bright Inc., medical device technology company, engages in the development and sale of thermal therapy technology... More
Therma Bright Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Therma Bright's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Therma Bright upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Therma Bright's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Therma Bright's standard deviation. In reality, there are many statistical measures that can use Therma Bright historical prices to predict the future Therma Bright's volatility.
Therma Bright appears to be out of control, given 3 months investment horizon. Therma Bright owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0181, which indicates the firm had a 0.0181 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Therma Bright, which you can use to evaluate the volatility of the company. Please review Therma Bright's Semi Deviation of 10.98, risk adjusted performance of 0.019, and Coefficient Of Variation of 7452.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Therma Bright holds a performance score of 1. The entity has a beta of -2.21, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Therma Bright are expected to decrease by larger amounts. On the other hand, during market turmoil, Therma Bright is expected to outperform it. Please check Therma Bright's jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Therma Bright's existing price patterns will revert.
Auto-correlation
0.19
Very weak predictability
Therma Bright has very weak predictability. Overlapping area represents the amount of predictability between Therma Bright time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Therma Bright price movement. The serial correlation of 0.19 indicates that over 19.0% of current Therma Bright price fluctuation can be explain by its past prices.
Correlation Coefficient
0.19
Spearman Rank Test
0.15
Residual Average
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Price Variance
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Therma Bright lagged returns against current returns
Autocorrelation, which is Therma Bright otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Therma Bright's otc stock expected returns. We can calculate the autocorrelation of Therma Bright returns to help us make a trade decision. For example, suppose you find that Therma Bright has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Therma Bright regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Therma Bright otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Therma Bright otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Therma Bright otc stock over time.
Current vs Lagged Prices
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Therma Bright Lagged Returns
When evaluating Therma Bright's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Therma Bright otc stock have on its future price. Therma Bright autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Therma Bright autocorrelation shows the relationship between Therma Bright otc stock current value and its past values and can show if there is a momentum factor associated with investing in Therma Bright.
Other Information on Investing in Therma OTC Stock
Therma Bright financial ratios help investors to determine whether Therma OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Therma with respect to the benefits of owning Therma Bright security.