Thor Industries Stock Alpha and Beta Analysis
| THO Stock | USD 110.53 2.24 2.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thor Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thor Industries over a specified time horizon. Remember, high Thor Industries' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Thor Industries' market risk premium analysis include:
Beta 1.52 | Alpha (0.01) | Risk 2.19 | Sharpe Ratio 0.0301 | Expected Return 0.0657 |
Thor Industries Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Thor |
Thor Industries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thor Industries market risk premium is the additional return an investor will receive from holding Thor Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Thor Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Thor Industries' performance over market.| α | -0.0062 | β | 1.52 |
Thor Industries expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Thor Industries' Buy-and-hold return. Our buy-and-hold chart shows how Thor Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Thor Industries Market Price Analysis
Market price analysis indicators help investors to evaluate how Thor Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thor Industries shares will generate the highest return on investment. By understating and applying Thor Industries stock market price indicators, traders can identify Thor Industries position entry and exit signals to maximize returns.
Thor Industries Return and Market Media
The median price of Thor Industries for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 107.0 with a coefficient of variation of 3.58. The daily time series for the period is distributed with a sample standard deviation of 3.81, arithmetic mean of 106.6, and mean deviation of 2.98. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 7176 shares by Robert Martin of Thor Industries at 75.65 subject to Rule 16b-3 | 09/06/2024 |
2 | Thor Industries Gears Up For Q4 Print Here Are The Recent Forecast Changes From Wall Streets Most Accurate Analysts | 09/20/2024 |
3 | Thor Industries Reports Q4 Earnings What Key Metrics Have to Say | 09/24/2024 |
4 | Disposition of 5932 shares by Robert Martin of Thor Industries at 107.12 subject to Rule 16b-3 | 10/07/2024 |
5 | Acquisition by Robert Martin of 22764 shares of Thor Industries subject to Rule 16b-3 | 10/08/2024 |
6 | Disposition of 1982 shares by W Woelfer of Thor Industries at 107.12 subject to Rule 16b-3 | 10/09/2024 |
7 | Disposition of 4354 shares by Colleen Zuhl of Thor Industries at 115.0 subject to Rule 16b-3 | 10/16/2024 |
8 | Insider Sale at Thor Industries Inc SR. ... | 10/18/2024 |
9 | Acquisition by Kenneth Julian of 5422 shares of Thor Industries subject to Rule 16b-3 | 10/22/2024 |
10 | Acquisition by Peter Orthwein of 350 shares of Thor Industries subject to Rule 16b-3 | 10/23/2024 |
11 | Why Is Thor Industries Down 2.1 percent Since Last Earnings Report | 10/24/2024 |
12 | Performance Comparison Tesla And Competitors In Automobiles Industry | 10/28/2024 |
13 | Dimensional Fund Advisors LP Increases Stake in Thor Industries Inc | 10/31/2024 |
14 | Winnebago Soars 5.9 percent Is Further Upside Left in the Stock | 11/07/2024 |
15 | Thor Industries Inc Shares Up 2.42 percent on Nov 14 | 11/14/2024 |
| Thor Industries dividend paid on 15th of November 2024 | 11/15/2024 |
16 | THOR Industries Announces Date for Its Fiscal 2025 First Quarter Earnings Release | 11/20/2024 |
About Thor Industries Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Thor or other stocks. Alpha measures the amount that position in Thor Industries has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0205 | 0.0155 | 0.0179 | 0.0128 | Price To Sales Ratio | 0.28 | 0.56 | 0.57 | 0.45 |
Thor Industries Upcoming Company Events
As portrayed in its financial statements, the presentation of Thor Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Thor Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Thor Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Thor Industries. Please utilize our Beneish M Score to check the likelihood of Thor Industries' management manipulating its earnings.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 4th of June 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 23rd of September 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of July 2023 Last Financial Announcement | View |
Build Portfolio with Thor Industries
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Thor Industries Backtesting, Thor Industries Valuation, Thor Industries Correlation, Thor Industries Hype Analysis, Thor Industries Volatility, Thor Industries History and analyze Thor Industries Performance. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Thor Industries 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.