Thor Industries Stock Price on July 16, 2021
| THO Stock | USD 98.53 1.28 1.28% |
Below is the normalized historical share price chart for Thor Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thor Industries stands at 98.53, as last reported on the 18th of April 2024, with the highest price reaching 100.45 and the lowest price hitting 98.23 during the day.
If you're considering investing in Thor Stock, it is important to understand the factors that can impact its price. Thor Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0713, which indicates the firm had a -0.0713% return per unit of risk over the last 3 months. Thor Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thor Industries' Variance of 6.55, coefficient of variation of (1,537), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide.
At this time, Thor Industries' Total Stockholder Equity is very stable compared to the past year. As of the 18th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 8.8 B, while Common Stock Shares Outstanding is likely to drop about 57.6 M. . At this time, Thor Industries' Price Earnings Ratio is very stable compared to the past year. As of the 18th of April 2024, Price Book Value Ratio is likely to grow to 1.82, while Price To Sales Ratio is likely to drop 0.45. Thor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of December 1987 | 200 Day MA 106.4135 | 50 Day MA 113.9138 | Beta 1.771 |
Thor |
Sharpe Ratio = -0.0713
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| Negative Returns | THO |
Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.19 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 Thor Industries 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 Thor Industries by adding Thor Industries to a well-diversified portfolio.
Price Book 1.3972 | Enterprise Value Ebitda 8.8519 | Price Sales 0.5301 | Shares Float 48.2 M | Dividend Share 1.86 |
Thor Industries Valuation on July 16, 2021
It is possible to determine the worth of Thor Industries on a given historical date. On July 16, 2021 Thor was worth 78.81 at the beginning of the trading date compared to the closed value of 76.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thor Industries stock. Still, in general, we apply an absolute valuation method to find Thor Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thor Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thor Industries' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 78.81 | 80.81 | 76.91 | 76.91 | 1,136,371 |
| 79.50 | 82.24 | 77.27 | 77.27 | 1,490,575 |
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Thor Industries Trading Date Momentum on July 16, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Thor Industries Fundamentals Correlations and Trends
By evaluating Thor Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thor Industries Stock history
Thor Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thor Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thor Industries stock prices may prove useful in developing a viable investing in Thor Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.9 M | 57.6 M | |
| Net Income Applicable To Common Shares | 430.4 M | 242.3 M |
Thor Industries Quarterly Net Working Capital |
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Thor Industries Stock Technical Analysis
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.
Price Boundaries
Thor Industries Period Price Range
Low | April 4, 2022
| High |
78.81 | 76.91 |
Thor Industries April 18, 2024 Market Strength
Market strength 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 undertsting and applying Thor Industries stock market strength indicators, traders can identify Thor Industries entry and exit signals to maximize returns
| Accumulation Distribution | 54842.8 | |||
| Daily Balance Of Power | (0.49) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 78.86 | |||
| Day Typical Price | 78.21 | |||
| Price Action Indicator | (2.90) | |||
| Period Momentum Indicator | 21.62 |
Thor Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thor Industries' price direction in advance. Along with the technical and fundamental analysis of Thor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thor to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.13) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary 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.
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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.