Thor Mining's market value is the price at which a share of Thor Mining trades on a public exchange. It measures the collective expectations of Thor Mining PLC investors about its performance. Thor Mining is trading at 0.48 as of the 24th of July 2025, a 9.43 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.45. With this module, you can estimate the performance of a buy and hold strategy of Thor Mining PLC and determine expected loss or profit from investing in Thor Mining over a given investment horizon. Check out Thor Mining Correlation, Thor Mining Volatility and Thor Mining Alpha and Beta module to complement your research on Thor Mining.
Please note, there is a significant difference between Thor Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Mining's 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.
Thor Mining 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thor Mining's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thor Mining.
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04/25/2025
No Change 0.00
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In 2 months and 31 days
07/24/2025
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If you would invest 0.00 in Thor Mining on April 25, 2025 and sell it all today you would earn a total of 0.00 from holding Thor Mining PLC or generate 0.0% return on investment in Thor Mining over 90 days. Thor Mining is related to or competes with Antofagasta PLC, Atalaya Mining, Metals Exploration, and Central Asia. Thor Mining is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Thor Mining Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thor Mining's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thor Mining PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thor Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thor Mining's standard deviation. In reality, there are many statistical measures that can use Thor Mining historical prices to predict the future Thor Mining's volatility.
At this point, Thor Mining is abnormally volatile. Thor Mining PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0178, which indicates the firm had a 0.0178 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thor Mining PLC, which you can use to evaluate the volatility of the company. Please validate Thor Mining's Coefficient Of Variation of 5787.56, risk adjusted performance of 0.0229, and Semi Deviation of 2.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.0656%. Thor Mining has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thor Mining are expected to decrease at a much lower rate. During the bear market, Thor Mining is likely to outperform the market. Thor Mining PLC right now has a risk of 3.68%. Please validate Thor Mining expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Thor Mining will be following its existing price patterns.
Auto-correlation
-0.11
Insignificant reverse predictability
Thor Mining PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between Thor Mining time series from 25th of April 2025 to 9th of June 2025 and 9th of June 2025 to 24th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thor Mining PLC price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Thor Mining price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.11
Spearman Rank Test
0.41
Residual Average
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Price Variance
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Thor Mining PLC lagged returns against current returns
Autocorrelation, which is Thor Mining stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thor Mining's stock expected returns. We can calculate the autocorrelation of Thor Mining returns to help us make a trade decision. For example, suppose you find that Thor Mining has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Thor Mining regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thor Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thor Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thor Mining stock over time.
Current vs Lagged Prices
Timeline
Thor Mining Lagged Returns
When evaluating Thor Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thor Mining stock have on its future price. Thor Mining autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thor Mining autocorrelation shows the relationship between Thor Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Thor Mining PLC.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Thor Mining financial ratios help investors to determine whether Thor 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 Thor with respect to the benefits of owning Thor Mining security.