Thor Industries Stock Volatility
| THO Stock | USD 77.17 -0.01 -0.01% |
Sharpe Ratio = -0.2679
Expected Return ↓
Minimal
Low
Moderate
Elevated
High
Leading
Strong
Moderate
Modest
Flat
Below
Ideal
THO
Worst
← Lower RiskHigher Risk →
For Thor Industries, recent data highlights a Market Risk Adjusted Performance of -0.4%, a Risk of 2.49, and a Risk Adjusted Performance of -0.2%. The stock is below its full potential per monthly moving average analysis.
Key indicators related to Thor Industries' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Thor Industries (3 Months):
Beta 1.51 | Alpha -0.66 | Risk 2.49 | Sharpe Ratio -0.27 | Expected Return -0.67 |
Moving together with Thor Industries Stock
| 0.77 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.74 | BKRKY | Bank Rakyat Normal Trading | PairCorr |
| 0.65 | PBCRY | Bank Central Asia | PairCorr |
| 0.63 | PTBRY | Bank Negara Indonesia Normal Trading | PairCorr |
| 0.65 | WF | Woori Financial Group | PairCorr |
| 0.77 | PG | Procter Gamble | PairCorr |
| 0.83 | HD | Home Depot | PairCorr |
| 0.62 | MCD | McDonalds Earnings Call Today | PairCorr |
| 0.61 | BA | Boeing | PairCorr |
| 0.91 | MMM | 3M Company | PairCorr |
| 0.63 | GE | GE Aerospace | PairCorr |
| 0.67 | DD | Dupont De Nemours | PairCorr |
| 0.62 | AXP | American Express | PairCorr |
Moving Against Thor Industries Stock
| 0.51 | CVX | Chevron Corp | PairCorr |
| 0.39 | HPQ | HP Inc | PairCorr |
| 0.38 | INTC | Intel Aggressive Push | PairCorr |
| 0.34 | XOM | Exxon Mobil Corp | PairCorr |
Sensitivity To Market
Thor Industries beta of 1.51 quantifies how much of its total volatility (2.49%) is attributable to market-wide factors versus idiosyncratic drivers. Thor Industries return dispersion over the lookback window shows standard deviation near 2.48% and semi-deviation near 0.0%, providing a baseline for comparison across peer instruments. Equity volatility compresses in calm markets and expands quickly when uncertainty increases. Stock dispersion changes materially during earnings seasons and macro data releases.
3 Months Beta |Thor Industries Demand TrendCurrent 90-day Thor Industries correlation with market (Dow Jones Industrial)Downside Risk
Thor Industries daily return dispersion, captured by standard deviation, sets the baseline volatility reading for this instrument. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one. Shifting the lookback window for Thor Industries reveals whether current dispersion is consistent with its longer-term pattern.
Standard Deviation | 2.49 |
An important distinction for Thor Industries is between total volatility and downside-only risk. Downside deviation and semi-deviation isolate the loss risk in Thor Industries' daily returns from favorable moves. Total dispersion for Thor Industries captures both favorable and adverse price swings. For Thor Industries, recent data highlights a Maximum Drawdown of 12.69.
Stock Volatility Analysis
Tracking Thor Industries volatility quantifies the degree of price uncertainty over a given period. Highly volatile stocks like Thor Industries tend to experience wider price swings in both directions. Periods of high volatility for Thor Industries present both elevated risk and wider price ranges for traders.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Average Price transformation calculates the mean of Thor Industries's open, high, low, and close for each trading period. By incorporating all four price components equally, it provides a balanced representation of each period's trading activity. Compared to using the closing price alone, the average price reduces the influence of end-of-day positioning and can serve as a smoother input for other technical indicators.
Projected Return Density Against Market
Over a 90-day investment horizon, Thor Industries has a beta of 1.5096. This usually implies when the benchmark rises, THO tends to outperform it on average. However, when benchmark returns turn negative, Thor Industries tends to underperform.Like most traded instruments, Thor Industries reflects both market risk and company or sector-specific developments. Diversifying across uncorrelated assets may reduce specific volatility, but broader stock market fluctuations remain influential. For Thor Industries, recent data highlights a Mean Deviation of 1.85 and a Standard Deviation of 2.48.
Predicted Return Distribution |
| Density |
What Drives Thor Industries' Price Volatility?
Industry Dynamics
Sector-level catalysts in the Automobiles sector often set the baseline volatility regime for Thor Industries.Political and Economic Environment
Interest-rate path changes, geopolitical developments, and macro surprises influence investor risk tolerance.Thor Industries' Company-Specific Factors
Execution updates, margin trends, and corporate actions can shift near-term return dispersion for Thor Industries'.Stock Risk Measures
Over a 90-day investment horizon, the coefficient of variation of Thor Industries is -373.21. The daily returns are distributed with a variance of 6.21 and standard deviation of 2.49. The mean deviation of Thor Industries is currently at 1.85. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.96
α | Alpha over Dow Jones | -0.662 | |
β | Beta against Dow Jones | 1.51 | |
σ | Overall volatility | 2.49 | |
Ir | Information ratio | -0.2646 |
Stock Return Volatility
Thor Industries daily volatility tracks how widely stock returns have moved around the mean across the selected time frame. The firm reflects 2.491% volatility on return distribution over a 90-day horizon. On the other hand, Dow Jones Industrial reported 0.9279% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Please upgrade your account to get full access to Macroaxis premium features
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
Return momentum in Thor Industries Stock is more useful when tested against peer-relative fundamentals and risk. Risk-adjusted metrics help compare Thor Industries' efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTN | 1.93 | -0.08 | 0.00 | -0.08 | 0.00 | 3.46 | 14.75 | |||
| DOOO | 1.64 | 0.36 | 0.18 | 8.10 | 1.70 | 4.90 | 13.65 | |||
| LTH | 2.01 | 0.27 | 0.14 | 0.19 | 1.82 | 4.53 | 10.82 | |||
| LEA | 1.58 | 0.02 | 0.02 | 0.03 | 1.52 | 4.50 | 8.67 | |||
| WH | 1.50 | 0.22 | 0.12 | 0.28 | 1.54 | 3.65 | 9.13 | |||
| URBN | 1.92 | 0.01 | 0.01 | 0.02 | 1.98 | 3.97 | 10.29 | |||
| GNTX | 1.24 | -0.01 | -0.01 | 0.00 | 1.23 | 3.69 | 6.96 | |||
| GPI | 1.43 | -0.03 | 0.00 | -0.02 | 0.00 | 3.44 | 11.00 | |||
| ATAT | 1.98 | 0.10 | 0.04 | 0.11 | 2.25 | 5.07 | 11.63 | |||
| M | 1.89 | -0.10 | 0.00 | -0.09 | 0.00 | 4.36 | 10.93 |
Risk Metrics, Assumptions & Methodology
Volatility regime analysis for Thor Industries identifies whether current dispersion is elevated, compressed, or transitioning between states. Compression regimes can persist, but breakouts from low volatility tend to produce outsized moves. Thor Industries has a market cap of 4.06 billion, P/E of 4.2, ROE of 7.21%.
Thor Industries analytics rely on periodic company reporting and market reference feeds, with quality checks and normalization applied. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board
Volatility Profile Summary
Recent data suggests that Thor Industries is more volatile than Dow Jones Industrial by approximately 2.68x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 22% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Thor Industries exhibits characteristics that tend to dampen sensitivity to smaller market fluctuations within the current volatility regime. This directional read frames the latest price swing through a simple momentum and follow-through lens. It highlights whether the move looks ordinary, stressed, or unusually speculative for the instrument. Observed price behavior reflects modest downward movement with limited trading activity. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Thor Industries probability analysis.
Weak diversification
The correlation between Thor Industries and Dow Jones is 0.51, which Macroaxis classifies as Weak diversification for the selected horizon. The overlap area shows the portion of risk diversified away by holding both instruments together.
Additional Risk Indicators
Secondary risk indicators for Thor Industries evaluate exposure beyond standard deviation, beta, or one headline volatility measure. This is most informative when assessing whether the current opportunity is being compensated with reasonable risk.
| Risk Adjusted Performance | -0.24 | |||
| Market Risk Adjusted Performance | -0.42 | |||
| Mean Deviation | 1.85 | |||
| Coefficient Of Variation | -389.71 | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.16 | |||
| Information Ratio | -0.26 |
Thor Industries Suggested Diversification Pairs
A pair-trading setup around Thor Industries shifts the return benchmark from the broad market to a second position, altering the risk profile. Pair trading is less about prediction in isolation and more about identifying relative mispricing between related positions.
Pair strategies reduce risk, but not all risk is diversifiable through pairing. Market-level risk for Thor Industries persists even in a well-constructed pair. The benefit is in offsetting Thor Industries' company-specific risk, which can be meaningfully reduced by selecting a second position that moves independently of Thor Industries.