Therma Med Stock Market Value
| THRA Stock | USD 0.0001 0.00 0.000003% |
| Symbol | Therma |
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.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in Therma Med on October 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 90 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 | 0.91 |
Excellent predictability
Therma Med has excellent predictability. Overlapping area represents the amount of predictability between Therma Med time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. 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 0.91 indicates that approximately 91.0% of current Therma Med price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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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.| HITI | High Tide | |
| HITI | High Tide | |
| BAC | Bank of America |
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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.