Thor Industries Stock Performance

THO Stock  USD 99.14  0.39  0.39%   
On a scale of 0 to 100, Thor Industries holds a performance score of 10. The entity has a beta of 1.6655, which indicates a somewhat significant risk relative to the market. Let's try to break down what Thor Industries's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thor Industries will likely underperform. Although it is vital to follow Thor Industries current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Thor Industries technical indicators, you can presently evaluate if the expected return of 0.41% will be sustainable into the future. Please operates Thor Industries value at risk, as well as the relationship between the skewness and day median price to make a quick decision on whether Thor Industries existing price patterns will revert.
  
Thor Industries Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Thor Industries are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile technical indicators, Thor Industries displayed solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Dividend Yield
0.0182
Payout Ratio
0.0937
Last Split Factor
2:1
Forward Dividend Rate
1.8
Dividend Date
2023-01-13

Thor Industries Price Channel

Begin Period Cash Flow448.7 M
Total Cashflows From Investing Activities-1 B

Thor Industries Relative Risk vs. Return Landscape

If you would invest  7,891  in Thor Industries on November 9, 2022 and sell it today you would earn a total of  1,984  from holding Thor Industries or generate 25.14% return on investment over 90 days. Thor Industries is generating 0.4118% of daily returns assuming volatility of 2.9819% on return distribution over 90 days investment horizon. In other words, 25% of stocks are less volatile than Thor Industries, and above 92% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Thor Industries is expected to generate 2.79 times more return on investment than the market. However, the company is 2.79 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.14 per unit of risk.

Thor Industries Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thor Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Thor Industries, and traders can use it to determine the average amount a Thor Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1381

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Estimated Market Risk
 2.98
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.41
  actual daily
 
 8 %
of total potential
 
88
Risk-Adjusted Return
 0.14
  actual daily
 
 10 %
of total potential
 
1010
Based on monthly moving average Thor Industries is performing at about 10% of its full potential. 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 it to a well-diversified portfolio.

About Thor Industries Performance

To evaluate Thor Industries Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thor Industries generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Thor Industries Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Thor Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thor Industries's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Effect of Exchange Rate Changes on Cash287.5 K395.9 K
Return on Investment 35.64  32.64 
Return on Average Assets 18.61  16.42 
Return on Average Equity 31.44  33.92 
Return on Invested Capital 0.69  0.67 
Return on Sales 0.1  0.09 

Things to note about Thor Industries

Checking the ongoing alerts about Thor Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Thor Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Additionally, take a look at World Market Map. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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 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 Industries 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
(0.42) 
Market Capitalization
5.3 B
Quarterly Revenue Growth
(0.21) 
Return On Assets
0.1176
Return On Equity
0.304
The market value of Thor Industries is measured differently than its book value, which is the value of Thor Industries 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 Thor Industries value 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.