Thinkific Labs Stock Price on September 25, 2024
| THNC Stock | CAD 3.03 0.01 0.33% |
If you're considering investing in Thinkific Stock, it is important to understand the factors that can impact its price. As of today, the current price of Thinkific Labs stands at 3.03, as last reported on the 2nd of December, with the highest price reaching 3.04 and the lowest price hitting 2.97 during the day. As of now, Thinkific Stock is very risky. Thinkific Labs owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0123, which indicates the firm had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thinkific Labs, which you can use to evaluate the volatility of the company. Please validate Thinkific Labs' Coefficient Of Variation of 130569.92, risk adjusted performance of 0.0086, and Semi Deviation of 2.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.0477%.
At this time, Thinkific Labs' Common Stock Shares Outstanding is very stable compared to the past year. As of the 2nd of December 2024, Stock Based Compensation is likely to grow to about 6 M, while Total Stockholder Equity is likely to drop about 65.6 M. . As of the 2nd of December 2024, Price To Sales Ratio is likely to drop to 3.07. In addition to that, Price Earnings Ratio is likely to grow to -18.52. Thinkific Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Thinkific |
Sharpe Ratio = 0.0123
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Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thinkific Labs 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 Thinkific Labs by adding Thinkific Labs to a well-diversified portfolio.
Price Book 3.4723 | Enterprise Value Ebitda (54.07) | Price Sales 3.1957 | Shares Float 23.6 M | Wall Street Target Price 3.3563 |
Thinkific Labs Valuation on September 25, 2024
It is possible to determine the worth of Thinkific Labs on a given historical date. On September 25, 2024 Thinkific was worth 2.7 at the beginning of the trading date compared to the closed value of 2.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thinkific Labs stock. Still, in general, we apply an absolute valuation method to find Thinkific Labs' 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 Thinkific Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thinkific Labs' related companies.
| Open | High | Low | Close | Volume | |
| 2.77 | 2.82 | 2.70 | 2.70 | 31,909 | |
09/25/2024 | 2.70 | 2.76 | 2.70 | 2.70 | 2,941 |
| 2.70 | 2.71 | 2.65 | 2.65 | 18,504 |
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Thinkific Labs Trading Date Momentum on September 25, 2024
| On September 26 2024 Thinkific Labs was traded for 2.65 at the closing time. The highest price during the trading period was 2.71 and the lowest recorded bid was listed for 2.65 . The volume for the day was 18.5 K. This history from September 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.85% . The trading price change to the current price is 3.33% . |
Thinkific Labs Fundamentals Correlations and Trends
By evaluating Thinkific Labs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thinkific Labs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thinkific financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thinkific Labs Stock history
Thinkific Labs 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 Thinkific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thinkific Labs 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 Thinkific Labs stock prices may prove useful in developing a viable investing in Thinkific Labs
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 80.8 M | 82.3 M | |
| Net Loss | -32.8 M | -31.1 M |
Thinkific Labs Quarterly Net Working Capital |
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Thinkific Labs Stock Technical Analysis
Thinkific Labs 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
Thinkific Labs Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Thinkific Labs cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thinkific Labs December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Thinkific Labs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thinkific Labs shares will generate the highest return on investment. By undertsting and applying Thinkific Labs stock market strength indicators, traders can identify Thinkific Labs entry and exit signals to maximize returns
Thinkific Labs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thinkific Labs' price direction in advance. Along with the technical and fundamental analysis of Thinkific Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thinkific 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 | 0.0086 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
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Other Information on Investing in Thinkific Stock
Thinkific Labs financial ratios help investors to determine whether Thinkific Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thinkific with respect to the benefits of owning Thinkific Labs security.