Thermal Energy International Stock Performance
| TMGEF Stock | USD 0.14 0.01 7.69% |
The entity has a beta of -0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Thermal Energy are expected to decrease at a much lower rate. During the bear market, Thermal Energy is likely to outperform the market. At this point, Thermal Energy Inter has a negative expected return of -0.35%. Please make sure to validate Thermal Energy's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if Thermal Energy Inter performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Thermal Energy International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 4.2 M | |
| Total Cashflows From Investing Activities | -351.9 K |
Thermal |
Thermal Energy Relative Risk vs. Return Landscape
If you would invest 19.00 in Thermal Energy International on September 4, 2024 and sell it today you would lose (5.00) from holding Thermal Energy International or give up 26.32% of portfolio value over 90 days. Thermal Energy International is currently producing negative expected returns and takes up 4.8398% volatility of returns over 90 trading days. Put another way, 43% of traded otc stocks are less volatile than Thermal, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thermal Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thermal Energy's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Thermal Energy International, and traders can use it to determine the average amount a Thermal Energy's 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 = -0.073
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| Negative Returns | TMGEF |
Estimated Market Risk
| 4.84 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thermal Energy is not performing at its full potential. However, 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 Thermal Energy by adding Thermal Energy to a well-diversified portfolio.
Thermal Energy Fundamentals Growth
Thermal OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Thermal Energy, and Thermal Energy 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 Thermal OTC Stock performance.
| Return On Equity | -1.56 | |||
| Return On Asset | -0.0926 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.1) % | |||
| Current Valuation | 16.08 M | |||
| Shares Outstanding | 164.14 M | |||
| Price To Earning | 55.00 X | |||
| Price To Book | 43.06 X | |||
| Price To Sales | 0.89 X | |||
| Revenue | 15.91 M | |||
| EBITDA | (716.46 K) | |||
| Cash And Equivalents | 2.32 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 3.14 M | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (1.64 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 9.6 M | |||
About Thermal Energy Performance
By analyzing Thermal Energy's fundamental ratios, stakeholders can gain valuable insights into Thermal Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Thermal Energy 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 Thermal Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. Thermal Energy International Inc. was incorporated in 1991 and is based in Ottawa, Canada. Thermal Energy operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange.Things to note about Thermal Energy Inter performance evaluation
Checking the ongoing alerts about Thermal Energy for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Thermal Energy Inter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thermal Energy Inter generated a negative expected return over the last 90 days | |
| Thermal Energy Inter has some characteristics of a very speculative penny stock | |
| Thermal Energy Inter has high historical volatility and very poor performance | |
| The company reported the revenue of 15.91 M. Net Loss for the year was (1.92 M) with profit before overhead, payroll, taxes, and interest of 6.73 M. | |
| Thermal Energy International has accumulated about 2.32 M in cash with (1.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Thermal Energy's 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 Thermal Energy's stock is overvalued or undervalued compared to its peers.
- Examining Thermal Energy's 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 Thermal Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thermal Energy's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Thermal Energy's otc stock. These opinions can provide insight into Thermal Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Thermal OTC Stock analysis
When running Thermal Energy's price analysis, check to measure Thermal Energy's 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 Thermal Energy is operating at the current time. Most of Thermal Energy's value examination focuses on studying past and present price action to predict the probability of Thermal Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermal Energy's price. Additionally, you may evaluate how the addition of Thermal Energy to your portfolios can decrease your overall portfolio volatility.
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