Therma Bright Net Income vs. Number Of Shares Shorted
| THRM Stock | CAD 0.03 0 8.33% |
Net Loss | First Reported 2002-01-31 | Previous Quarter -113.1 K | Current Value -322.3 K | Quarterly Volatility 644.7 K |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.39 | 0.43 |
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For Therma Bright profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Therma Bright to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Therma Bright utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Therma Bright's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Therma Bright over time as well as its relative position and ranking within its peers.
Therma |
Therma Bright Number Of Shares Shorted vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Therma Bright's current stock value. Our valuation model uses many indicators to compare Therma Bright value to that of its competitors to determine the firm's financial worth. Therma Bright is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in number of shares shorted category among its peers . Therma Bright reported Net Loss of (3.39 Million) in 2023. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Therma Bright's earnings, one of the primary drivers of an investment's value.Therma Number Of Shares Shorted vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Therma Bright |
| = | (3.77 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Therma Bright |
| = | 110.06 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Therma Number Of Shares Shorted Comparison
Therma Bright is currently under evaluation in number of shares shorted category among its peers.
Therma Bright Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Therma Bright, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Therma Bright will eventually generate negative long term returns. The profitability progress is the general direction of Therma Bright's change in net profit over the period of time. It can combine multiple indicators of Therma Bright, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 16.1 M | 16.9 M | |
| Operating Income | -3.2 M | -3.1 M | |
| Income Before Tax | -3.4 M | -3.2 M | |
| Total Other Income Expense Net | -87.2 K | -82.8 K | |
| Net Loss | -3.4 M | -3.2 M | |
| Income Tax Expense | 15.5 K | 14.7 K | |
| Net Loss | -3.4 M | -3.6 M | |
| Net Loss | -5.3 M | -5 M | |
| Net Interest Income | -15.5 K | -16.2 K | |
| Change To Netincome | 1.8 M | 1.1 M | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 1.46 | 1.53 | |
| Net Income Per E B T | 0.62 | 0.78 |
Therma Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Therma Bright. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Therma Bright position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Therma Bright's important profitability drivers and their relationship over time.
Use Therma Bright in pair-trading
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 Therma Bright 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 Therma Bright will appreciate offsetting losses from the drop in the long position's value.Therma Bright Pair Trading
Therma Bright Pair Trading Analysis
The ability to find closely correlated positions to Therma Bright could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Therma Bright 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 Therma Bright - 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 Therma Bright to buy it.
The correlation of Therma Bright 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 Therma Bright moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Therma Bright 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 Therma Bright 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.Use Investing Themes to Complement your Therma Bright position
In addition to having Therma Bright in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for Therma Stock Analysis
When running Therma Bright's price analysis, check to measure Therma Bright'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 Therma Bright is operating at the current time. Most of Therma Bright's value examination focuses on studying past and present price action to predict the probability of Therma Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therma Bright's price. Additionally, you may evaluate how the addition of Therma Bright to your portfolios can decrease your overall portfolio volatility.