Thermoenergy Stock Market Value
| TMEN Stock | USD 0.0001 0.00 0.00% |
| Symbol | ThermoEnergy |
Is Industrial Machinery & Supplies & Components 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 ThermoEnergy. If investors know ThermoEnergy 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 ThermoEnergy 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 ThermoEnergy is measured differently than its book value, which is the value of ThermoEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of ThermoEnergy's value that differs from its market value or its book value, called intrinsic value, which is ThermoEnergy'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 ThermoEnergy's market value can be influenced by many factors that don't directly affect ThermoEnergy'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 ThermoEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ThermoEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ThermoEnergy'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.
ThermoEnergy '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 ThermoEnergy'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 ThermoEnergy.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in ThermoEnergy on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding ThermoEnergy or generate 0.0% return on investment in ThermoEnergy over 30 days. ThermoEnergy Corporation is engaged in the commercialization of wastewater treatment systems and development of carbon r... More
ThermoEnergy 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 ThermoEnergy'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 ThermoEnergy upside and downside potential and time the market with a certain degree of confidence.
ThermoEnergy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ThermoEnergy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ThermoEnergy's standard deviation. In reality, there are many statistical measures that can use ThermoEnergy historical prices to predict the future ThermoEnergy's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ThermoEnergy'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.
ThermoEnergy Backtested Returns
We have found three technical indicators for ThermoEnergy, 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 ThermoEnergy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
ThermoEnergy has no correlation between past and present. Overlapping area represents the amount of predictability between ThermoEnergy 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 ThermoEnergy price movement. The serial correlation of 0.0 indicates that just 0.0% of current ThermoEnergy 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 |
ThermoEnergy lagged returns against current returns
Autocorrelation, which is ThermoEnergy 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 ThermoEnergy's stock expected returns. We can calculate the autocorrelation of ThermoEnergy returns to help us make a trade decision. For example, suppose you find that ThermoEnergy 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 |
ThermoEnergy 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 ThermoEnergy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ThermoEnergy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ThermoEnergy stock over time.
Current vs Lagged Prices |
| Timeline |
ThermoEnergy Lagged Returns
When evaluating ThermoEnergy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ThermoEnergy stock have on its future price. ThermoEnergy 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, ThermoEnergy autocorrelation shows the relationship between ThermoEnergy stock current value and its past values and can show if there is a momentum factor associated with investing in ThermoEnergy.
Regressed Prices |
| Timeline |
Pair Trading with ThermoEnergy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ThermoEnergy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ThermoEnergy will appreciate offsetting losses from the drop in the long position's value.Moving against ThermoEnergy Stock
The ability to find closely correlated positions to ThermoEnergy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ThermoEnergy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ThermoEnergy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ThermoEnergy to buy it.
The correlation of ThermoEnergy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ThermoEnergy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ThermoEnergy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ThermoEnergy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out ThermoEnergy Correlation, ThermoEnergy Volatility and ThermoEnergy Alpha and Beta module to complement your research on ThermoEnergy. To learn how to invest in ThermoEnergy Stock, please use our How to Invest in ThermoEnergy guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
ThermoEnergy 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.