Th International Limited Stock Market Value
| THCH Stock | USD 0.90 0.03 3.23% |
| Symbol | THCH |
TH International Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TH International. If investors know THCH will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TH International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.56) | Revenue Per Share 9.417 | Quarterly Revenue Growth (0.11) | Return On Assets (0.12) | Return On Equity (9.73) |
The market value of TH International is measured differently than its book value, which is the value of THCH that is recorded on the company's balance sheet. Investors also form their own opinion of TH International's value that differs from its market value or its book value, called intrinsic value, which is TH International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TH International's market value can be influenced by many factors that don't directly affect TH International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TH International's value and its price as these two are different measures arrived at by different means. Investors typically determine if TH International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TH International'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.
TH International '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 TH International's 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 TH International.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in TH International on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding TH International Limited or generate 0.0% return on investment in TH International over 30 days. TH International is related to or competes with Potbelly, El Pollo, Dine Brands, One Group, Brinker International, BJs Restaurants, and Dennys Corp. TH International Limited operates Tim Hortons coffee shops in mainland China, Hong Kong, and Macau More
TH International 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 TH International's 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 TH International Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.7 | |||
| Information Ratio | 0.0478 | |||
| Maximum Drawdown | 32.58 | |||
| Value At Risk | (10.26) | |||
| Potential Upside | 8.47 |
TH International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TH International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TH International's standard deviation. In reality, there are many statistical measures that can use TH International historical prices to predict the future TH International's volatility.| Risk Adjusted Performance | 0.0636 | |||
| Jensen Alpha | 0.3964 | |||
| Total Risk Alpha | (0.55) | |||
| Sortino Ratio | 0.048 | |||
| Treynor Ratio | 10.34 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TH International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TH International Backtested Returns
TH International appears to be abnormally volatile, given 3 months investment horizon. TH International retains Efficiency (Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of price deviation over the last 3 months. By examining TH International's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review TH International's Mean Deviation of 3.62, risk adjusted performance of 0.0636, and Downside Deviation of 5.7 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TH International holds a performance score of 10. The entity owns a Beta (Systematic Risk) of 0.0388, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TH International's returns are expected to increase less than the market. However, during the bear market, the loss of holding TH International is expected to be smaller as well. Please check TH International's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether TH International's current price history will revert.
Auto-correlation | 0.06 |
Virtually no predictability
TH International Limited has virtually no predictability. Overlapping area represents the amount of predictability between TH International time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TH International price movement. The serial correlation of 0.06 indicates that barely 6.0% of current TH International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
TH International lagged returns against current returns
Autocorrelation, which is TH International 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 TH International's stock expected returns. We can calculate the autocorrelation of TH International returns to help us make a trade decision. For example, suppose you find that TH International has exhibited high autocorrelation historically, and you observe that the 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 |
TH International 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 TH International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TH International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TH International stock over time.
Current vs Lagged Prices |
| Timeline |
TH International Lagged Returns
When evaluating TH International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TH International stock have on its future price. TH International 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, TH International autocorrelation shows the relationship between TH International stock current value and its past values and can show if there is a momentum factor associated with investing in TH International Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether TH International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TH International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Th International Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Th International Limited Stock:Check out TH International Correlation, TH International Volatility and TH International Alpha and Beta module to complement your research on TH International. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
TH International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.