Thor Explorations Stock Performance
| THX Stock | CAD 0.35 0.01 2.78% |
On a scale of 0 to 100, Thor Explorations holds a performance score of 8. The entity has a beta of -0.0897, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thor Explorations are expected to decrease at a much lower rate. During the bear market, Thor Explorations is likely to outperform the market. Please check Thor Explorations' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Thor Explorations' existing price patterns will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Thor Explorations are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Thor Explorations showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 9.1 M |
Thor |
Thor Explorations Relative Risk vs. Return Landscape
If you would invest 30.00 in Thor Explorations on October 26, 2024 and sell it today you would earn a total of 5.00 from holding Thor Explorations or generate 16.67% return on investment over 90 days. Thor Explorations is currently producing 0.2931% returns and takes up 2.8648% volatility of returns over 90 trading days. Put another way, 25% of traded stocks are less volatile than Thor, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thor Explorations Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thor Explorations' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thor Explorations, and traders can use it to determine the average amount a Thor Explorations' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1023
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | THX | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Thor Explorations is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thor Explorations by adding it to a well-diversified portfolio.
Thor Explorations Fundamentals Growth
Thor Stock prices reflect investors' perceptions of the future prospects and financial health of Thor Explorations, and Thor Explorations fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thor Stock performance.
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.55 % | ||||
| Current Valuation | 237.57 M | ||||
| Shares Outstanding | 656.1 M | ||||
| Price To Earning | (16.82) X | ||||
| Price To Book | 0.94 X | ||||
| Price To Sales | 1.59 X | ||||
| Revenue | 190.64 M | ||||
| EBITDA | 76.23 M | ||||
| Cash And Equivalents | 152.01 K | ||||
| Total Debt | 72.92 M | ||||
| Book Value Per Share | 0.17 X | ||||
| Cash Flow From Operations | 80.47 M | ||||
| Earnings Per Share | 0.11 X | ||||
| Total Asset | 341.67 M | ||||
| Retained Earnings | 40.02 M | ||||
About Thor Explorations Performance
Evaluating Thor Explorations' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thor Explorations has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thor Explorations has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Thor Explorations Ltd., a junior mineral exploration company, acquires, explores for, and develops mineral properties primarily in Nigeria, Senegal, and Burkina Faso. The company was incorporated in 1968 and is based in Vancouver, Canada. THOR EXPLORATIONS operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Thor Explorations performance evaluation
Checking the ongoing alerts about Thor Explorations for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thor Explorations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thor Explorations has some characteristics of a very speculative penny stock | |
| Thor Explorations has accumulated 72.92 M in total debt. Thor Explorations has a current ratio of 0.32, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Thor Explorations until it has trouble settling it off, either with new capital or with free cash flow. So, Thor Explorations' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thor Explorations sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thor to invest in growth at high rates of return. When we think about Thor Explorations' use of debt, we should always consider it together with cash and equity. | |
| About 12.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Thor Explorations' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thor Explorations' stock is overvalued or undervalued compared to its peers.
- Examining Thor Explorations' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thor Explorations' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thor Explorations' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Thor Explorations' stock. These opinions can provide insight into Thor Explorations' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Thor Stock Analysis
When running Thor Explorations' price analysis, check to measure Thor Explorations' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.