Therma Med Stock Market Value
| THRA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Therma |
Therma Med Company Valuation
Is Other Industrial Metals & Mining 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 Therma Med. If investors know Therma 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 Therma Med listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Therma Med is measured differently than its book value, which is the value of Therma that is recorded on the company's balance sheet. Investors also form their own opinion of Therma Med's value that differs from its market value or its book value, called intrinsic value, which is Therma Med'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 Therma Med's market value can be influenced by many factors that don't directly affect Therma Med'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 Therma Med's value and its price as these two are different measures arrived at by different means. Investors typically determine if Therma Med is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Therma Med'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 Med '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 Med'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 Therma Med.
| 11/29/2025 |
| 12/29/2025 |
If you would invest 0.00 in Therma Med on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Therma Med or generate 0.0% return on investment in Therma Med over 30 days. Therma Med is related to or competes with Handeni Gold. Therma-Med Inc. engages in the acquisition, exploration, and development of precious and base metal mineral properties i... More
Therma Med 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 Med'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 Therma Med upside and downside potential and time the market with a certain degree of confidence.
Therma Med Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Therma Med's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Therma Med's standard deviation. In reality, there are many statistical measures that can use Therma Med historical prices to predict the future Therma Med's volatility.Therma Med Backtested Returns
We have found three technical indicators for Therma Med, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Therma Med are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Therma Med has no correlation between past and present. Overlapping area represents the amount of predictability between Therma Med time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th 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 Med price movement. The serial correlation of 0.0 indicates that just 0.0% of current Therma Med price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Therma Med lagged returns against current returns
Autocorrelation, which is Therma Med 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 Med's stock expected returns. We can calculate the autocorrelation of Therma Med returns to help us make a trade decision. For example, suppose you find that Therma Med 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 |
Therma Med 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 Med stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Therma Med stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Therma Med stock over time.
Current vs Lagged Prices |
| Timeline |
Therma Med Lagged Returns
When evaluating Therma Med's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Therma Med stock have on its future price. Therma Med 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 Med autocorrelation shows the relationship between Therma Med stock current value and its past values and can show if there is a momentum factor associated with investing in Therma Med.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Therma Med offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Therma Med'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 Therma Med Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Therma Med Stock:Check out Therma Med Correlation, Therma Med Volatility and Therma Med Alpha and Beta module to complement your research on Therma Med. For information on how to trade Therma Stock refer to our How to Trade Therma Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Therma Med 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.