Thomson Reuters Corp Stock Technical Analysis

TRI Stock  USD 150.79  2.06  1.35%   
As of the 19th of April, Thomson Reuters has the Semi Deviation of 0.9155, risk adjusted performance of 0.0288, and Coefficient Of Variation of 2532.03. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thomson Reuters Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Thomson Reuters Corp, which can be compared to its competition. Please validate Thomson Reuters Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Thomson Reuters is priced more or less accurately, providing market reflects its prevalent price of 150.79 per share. Given that Thomson Reuters Corp has jensen alpha of (0.01), we advise you to double-check Thomson Reuters Corp's current market performance to make sure the company can sustain itself at a future point.

Thomson Reuters Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thomson, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Thomson
  
Thomson Reuters' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Thomson Reuters Analyst Consensus

Target PriceAdvice# of Analysts
135.84Buy16Odds
Thomson Reuters Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Thomson analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Thomson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Thomson Reuters Corp, talking to its executives and customers, or listening to Thomson conference calls.
Thomson Analyst Advice Details
Thomson Reuters 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.
A focus of Thomson Reuters technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thomson Reuters trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Thomson Reuters Corp Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Thomson Reuters Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Thomson Reuters Corp Trend Analysis

Use this graph to draw trend lines for Thomson Reuters Corp. You can use it to identify possible trend reversals for Thomson Reuters 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 Thomson Reuters price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Thomson Reuters Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Thomson Reuters Corp applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Thomson Reuters Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 39.04, which is the sum of squared deviations for the predicted Thomson Reuters price change compared to its average price change.

About Thomson Reuters 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 Thomson Reuters Corp 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 Thomson Reuters Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thomson Reuters Corp price pattern first instead of the macroeconomic environment surrounding Thomson Reuters Corp. By analyzing Thomson Reuters'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 Thomson Reuters'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 Thomson Reuters specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01310.01520.01340.0207
Price To Sales Ratio9.38.339.7910.28

Thomson Reuters April 19, 2024 Technical Indicators

Most technical analysis of Thomson 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 Thomson from various momentum indicators to cycle indicators. When you analyze Thomson 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.
When determining whether Thomson Reuters Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thomson Reuters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thomson Reuters Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thomson Reuters Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Thomson Stock analysis

When running Thomson Reuters' price analysis, check to measure Thomson Reuters' 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 Thomson Reuters is operating at the current time. Most of Thomson Reuters' value examination focuses on studying past and present price action to predict the probability of Thomson Reuters' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thomson Reuters' price. Additionally, you may evaluate how the addition of Thomson Reuters to your portfolios can decrease your overall portfolio volatility.
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Is Thomson Reuters' 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 Thomson Reuters. If investors know Thomson 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 Thomson Reuters 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
2.187
Dividend Share
1.96
Earnings Share
5.69
Revenue Per Share
14.668
Quarterly Revenue Growth
0.028
The market value of Thomson Reuters Corp is measured differently than its book value, which is the value of Thomson that is recorded on the company's balance sheet. Investors also form their own opinion of Thomson Reuters' value that differs from its market value or its book value, called intrinsic value, which is Thomson Reuters' 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 Thomson Reuters' market value can be influenced by many factors that don't directly affect Thomson Reuters' 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 Thomson Reuters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thomson Reuters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thomson Reuters' 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.