Thor Industries (UK) Technical Analysis
| 0LF8 Stock | 103.36 1.21 1.18% |
As of the 18th of December 2024, Thor Industries has the Semi Deviation of 2.2, risk adjusted performance of 0.045, and Coefficient Of Variation of 1916.56. Thor Industries technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Thor Industries downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Thor Industries is priced more or less accurately, providing market reflects its prevalent price of 103.36 per share.
Thor Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThorThor |
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.
Thor Industries Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Thor Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Thor Industries Trend Analysis
Use this graph to draw trend lines for Thor Industries. You can use it to identify possible trend reversals for Thor Industries as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Thor Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thor Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thor Industries applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Thor Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.33, which is the sum of squared deviations for the predicted Thor Industries price change compared to its average price change.About Thor Industries Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Thor Industries on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Thor Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thor Industries price pattern first instead of the macroeconomic environment surrounding Thor Industries. By analyzing Thor Industries's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Thor Industries's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Thor Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thor Industries December 18, 2024 Technical Indicators
Most technical analysis of Thor help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thor from various momentum indicators to cycle indicators. When you analyze Thor charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.045 | |||
| Market Risk Adjusted Performance | 0.1558 | |||
| Mean Deviation | 2.06 | |||
| Semi Deviation | 2.2 | |||
| Downside Deviation | 2.46 | |||
| Coefficient Of Variation | 1916.56 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.51 | |||
| Information Ratio | 0.0256 | |||
| Jensen Alpha | 0.0744 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0266 | |||
| Treynor Ratio | 0.1458 | |||
| Maximum Drawdown | 11.77 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 4.62 | |||
| Downside Variance | 6.03 | |||
| Semi Variance | 4.86 | |||
| Expected Short fall | (2.12) | |||
| Skewness | 0.3741 | |||
| Kurtosis | 0.0506 |
Additional Tools for Thor Stock Analysis
When running Thor Industries' price analysis, check to measure Thor Industries' 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 Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.