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Thorney Opportunities Ltd
Buy, Hold or Sell?

Let's analyze Thorney Opportunities Ltd together

I guess you are interested in Thorney Opportunities Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Thorney Opportunities Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Thorney Opportunities Ltd (30 sec.)










What can you expect buying and holding a share of Thorney Opportunities Ltd? (30 sec.)

How much money do you get?

How much money do you get?
A$0.06
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
A$0.69
Expected worth in 1 year
A$0.83
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
A$0.24
Return On Investment
34.9%

For what price can you sell your share?

Current Price per Share
A$0.69
Expected price per share
A$0.67 - A$0.715
How sure are you?
50%
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1. Valuation of Thorney Opportunities Ltd (5 min.)




Live pricePrice per Share (EOD)

A$0.69

Intrinsic Value Per Share

A$-0.25 - A$0.77

Total Value Per Share

A$0.44 - A$1.46

2. Growth of Thorney Opportunities Ltd (5 min.)




Is Thorney Opportunities Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$87.1m$84.7m$2.4m2.8%

How much money is Thorney Opportunities Ltd making?

Current yearPrevious yearGrowGrow %
Making money$7.1m-$2.4m$9.5m134.3%
Net Profit Margin82.1%123.8%--

How much money comes from the company's main activities?

3. Financial Health of Thorney Opportunities Ltd (5 min.)




4. Comparing to competitors in the Asset Management industry (5 min.)




  Industry Rankings (Asset Management)  


Richest
#506 / 741

Most Revenue
#423 / 741

Most Profit
#331 / 741

Most Efficient
#285 / 741
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What can you expect buying and holding a share of Thorney Opportunities Ltd? (5 min.)

Welcome investor! Thorney Opportunities Ltd's management wants to use your money to grow the business. In return you get a share of Thorney Opportunities Ltd.

What can you expect buying and holding a share of Thorney Opportunities Ltd?

First you should know what it really means to hold a share of Thorney Opportunities Ltd. And how you can make/lose money.

Speculation

The Price per Share of Thorney Opportunities Ltd is A$0.69. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Thorney Opportunities Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Thorney Opportunities Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is A$0.69. Based on the TTM, the Book Value Change Per Share is A$0.04 per quarter. Based on the YOY, the Book Value Change Per Share is A$-0.04 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is A$0.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Thorney Opportunities Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 A$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per ShareA$% of Price per Share
Usd Eps0.045.4%0.045.4%-0.01-1.8%0.000.7%0.023.2%
Usd Book Value Change Per Share0.023.4%0.023.4%-0.03-4.2%-0.02-2.5%0.045.8%
Usd Dividend Per Share0.022.3%0.022.3%0.022.2%0.011.9%0.011.2%
Usd Total Gains Per Share0.045.7%0.045.7%-0.01-2.0%0.00-0.6%0.057.0%
Usd Price Per Share0.31-0.31-0.31-0.35-0.36-
Price to Earnings Ratio8.50-8.50--24.89--0.59-0.00-
Price-to-Total Gains Ratio7.97-7.97--22.45--20.50--7.53-
Price to Book Ratio0.69-0.69-0.72-0.76-0.87-
Price-to-Total Gains Ratio7.97-7.97--22.45--20.50--7.53-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.452019
Number of shares2212
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.02-0.02
Usd Total Gains Per Share0.040.00
Gains per Quarter (2212 shares)87.29-9.25
Gains per Year (2212 shares)349.17-36.98
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1142207339116-153-47
2285414688232-306-84
34276211037348-459-121
45698271386464-612-158
571210341735580-765-195
685412412084696-918-232
799614482433812-1071-269
8113916552782928-1224-306
91281186231311044-1377-343
101423206834801160-1530-380

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%7.03.00.070.0%15.010.00.060.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%7.03.00.070.0%11.014.00.044.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.01.090.0%15.00.010.060.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%7.03.00.070.0%13.012.00.052.0%
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Fundamentals of Thorney Opportunities Ltd

About Thorney Opportunities Ltd

Thorney Opportunities Ltd is an equity fund launched and managed by Thorney Management Services Pty Ltd. The fund invests in the public equity markets of Australia. It seeks to invest in stocks of companies operating across diversified sectors. Thorney Opportunities Ltd is domiciled in Australia.

Fundamental data was last updated by Penke on 2024-07-19 16:34:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Thorney Opportunities Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Thorney Opportunities Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • A Net Profit Margin of 82.1% means that $0.82 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Thorney Opportunities Ltd:

  • The MRQ is 82.1%. The company is making a huge profit. +2
  • The TTM is 82.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ82.1%TTM82.1%0.0%
TTM82.1%YOY123.8%-41.6%
TTM82.1%5Y83.1%-1.0%
5Y83.1%10Y104.0%-20.9%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ82.1%61.3%+20.8%
TTM82.1%59.4%+22.7%
YOY123.8%67.6%+56.2%
5Y83.1%58.9%+24.2%
10Y104.0%55.6%+48.4%
1.1.2. Return on Assets

Shows how efficient Thorney Opportunities Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • 7.9% Return on Assets means that Thorney Opportunities Ltd generated $0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Thorney Opportunities Ltd:

  • The MRQ is 7.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.9%TTM7.9%0.0%
TTM7.9%YOY-2.8%+10.7%
TTM7.9%5Y-0.3%+8.2%
5Y-0.3%10Y4.1%-4.4%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9%1.5%+6.4%
TTM7.9%1.4%+6.5%
YOY-2.8%0.2%-3.0%
5Y-0.3%1.6%-1.9%
10Y4.1%2.1%+2.0%
1.1.3. Return on Equity

Shows how efficient Thorney Opportunities Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • 8.2% Return on Equity means Thorney Opportunities Ltd generated $0.08 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Thorney Opportunities Ltd:

  • The MRQ is 8.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.2%TTM8.2%0.0%
TTM8.2%YOY-2.9%+11.0%
TTM8.2%5Y0.0%+8.1%
5Y0.0%10Y4.7%-4.7%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2%2.9%+5.3%
TTM8.2%2.6%+5.6%
YOY-2.9%0.5%-3.4%
5Y0.0%2.6%-2.6%
10Y4.7%3.2%+1.5%
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1.2. Operating Efficiency of Thorney Opportunities Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Thorney Opportunities Ltd is operating .

  • Measures how much profit Thorney Opportunities Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • An Operating Margin of 85.8% means the company generated $0.86  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Thorney Opportunities Ltd:

  • The MRQ is 85.8%. The company is operating very efficient. +2
  • The TTM is 85.8%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ85.8%TTM85.8%0.0%
TTM85.8%YOY51.2%+34.6%
TTM85.8%5Y70.9%+14.9%
5Y70.9%10Y69.9%+1.0%
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ85.8%80.0%+5.8%
TTM85.8%54.3%+31.5%
YOY51.2%70.1%-18.9%
5Y70.9%55.3%+15.6%
10Y69.9%50.5%+19.4%
1.2.2. Operating Ratio

Measures how efficient Thorney Opportunities Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Asset Management industry mean).
  • An Operation Ratio of 0.22 means that the operating costs are $0.22 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Thorney Opportunities Ltd:

  • The MRQ is 0.216. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.216. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.216TTM0.2160.000
TTM0.216YOY-1.805+2.021
TTM0.2165Y-0.292+0.508
5Y-0.29210Y0.187-0.479
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2160.410-0.194
TTM0.2160.442-0.226
YOY-1.8050.434-2.239
5Y-0.2920.449-0.741
10Y0.1870.522-0.335
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1.3. Liquidity of Thorney Opportunities Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Thorney Opportunities Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Asset Management industry mean).
  • A Current Ratio of 27.48 means the company has $27.48 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Thorney Opportunities Ltd:

  • The MRQ is 27.479. The company is very able to pay all its short-term debts. +2
  • The TTM is 27.479. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ27.479TTM27.4790.000
TTM27.479YOY85.522-58.043
TTM27.4795Y45.877-18.398
5Y45.87710Y26.901+18.975
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ27.4792.946+24.533
TTM27.4793.282+24.197
YOY85.5223.681+81.841
5Y45.8775.085+40.792
10Y26.9017.091+19.810
1.3.2. Quick Ratio

Measures if Thorney Opportunities Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • A Quick Ratio of 53.76 means the company can pay off $53.76 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Thorney Opportunities Ltd:

  • The MRQ is 53.760. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 53.760. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ53.760TTM53.7600.000
TTM53.760YOY167.115-113.355
TTM53.7605Y89.729-35.968
5Y89.72910Y53.597+36.132
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ53.7602.915+50.845
TTM53.7603.364+50.396
YOY167.1154.350+162.765
5Y89.7296.003+83.726
10Y53.5977.593+46.004
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1.4. Solvency of Thorney Opportunities Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Thorney Opportunities Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Thorney Opportunities Ltd to Asset Management industry mean.
  • A Debt to Asset Ratio of 0.04 means that Thorney Opportunities Ltd assets are financed with 3.8% credit (debt) and the remaining percentage (100% - 3.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Thorney Opportunities Ltd:

  • The MRQ is 0.038. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.038. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.024+0.014
TTM0.0385Y0.049-0.011
5Y0.04910Y0.065-0.015
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0380.184-0.146
TTM0.0380.180-0.142
YOY0.0240.181-0.157
5Y0.0490.190-0.141
10Y0.0650.188-0.123
1.4.2. Debt to Equity Ratio

Measures if Thorney Opportunities Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • A Debt to Equity ratio of 4.0% means that company has $0.04 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Thorney Opportunities Ltd:

  • The MRQ is 0.040. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.040. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.040TTM0.0400.000
TTM0.040YOY0.025+0.015
TTM0.0405Y0.053-0.013
5Y0.05310Y0.070-0.018
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0400.224-0.184
TTM0.0400.224-0.184
YOY0.0250.223-0.198
5Y0.0530.241-0.188
10Y0.0700.250-0.180
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2. Market Valuation of Thorney Opportunities Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Thorney Opportunities Ltd generates.

  • Above 15 is considered overpriced but always compare Thorney Opportunities Ltd to the Asset Management industry mean.
  • A PE ratio of 8.50 means the investor is paying $8.50 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Thorney Opportunities Ltd:

  • The EOD is 12.224. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.504. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.504. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD12.224MRQ8.504+3.720
MRQ8.504TTM8.5040.000
TTM8.504YOY-24.886+33.389
TTM8.5045Y-0.593+9.096
5Y-0.59310Y-0.001-0.592
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD12.2247.251+4.973
MRQ8.5046.774+1.730
TTM8.5047.184+1.320
YOY-24.8860.684-25.570
5Y-0.5935.501-6.094
10Y-0.0017.533-7.534
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Thorney Opportunities Ltd:

  • The EOD is 16.711. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 11.625. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 11.625. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD16.711MRQ11.625+5.086
MRQ11.625TTM11.6250.000
TTM11.625YOY35.116-23.491
TTM11.6255Y-554.216+565.840
5Y-554.21610Y-275.113-279.103
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD16.7114.504+12.207
MRQ11.6254.726+6.899
TTM11.6253.991+7.634
YOY35.1162.585+32.531
5Y-554.2163.094-557.310
10Y-275.1132.629-277.742
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Thorney Opportunities Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Asset Management industry mean).
  • A PB ratio of 0.69 means the investor is paying $0.69 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Thorney Opportunities Ltd:

  • The EOD is 0.998. Based on the equity, the company is cheap. +2
  • The MRQ is 0.694. Based on the equity, the company is cheap. +2
  • The TTM is 0.694. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.998MRQ0.694+0.304
MRQ0.694TTM0.6940.000
TTM0.694YOY0.717-0.023
TTM0.6945Y0.761-0.067
5Y0.76110Y0.874-0.113
Compared to industry (Asset Management)
PeriodCompanyIndustry (mean)+/- 
EOD0.9980.954+0.044
MRQ0.6940.907-0.213
TTM0.6940.910-0.216
YOY0.7170.947-0.230
5Y0.7611.015-0.254
10Y0.8741.183-0.309
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Thorney Opportunities Ltd.

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4. Summary

4.1. Key Performance Indicators

The key performance indicators of Thorney Opportunities Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0360.0360%-0.044+225%-0.026+174%0.061-42%
Book Value Per Share--0.6920.6920%0.656+5%0.690+0%0.641+8%
Current Ratio--27.47927.4790%85.522-68%45.877-40%26.901+2%
Debt To Asset Ratio--0.0380.0380%0.024+58%0.049-23%0.065-41%
Debt To Equity Ratio--0.0400.0400%0.025+60%0.053-25%0.070-44%
Dividend Per Share--0.0250.0250%0.023+5%0.020+23%0.013+93%
Eps--0.0560.0560%-0.019+133%0.007+655%0.033+69%
Free Cash Flow Per Share--0.0410.0410%0.013+209%0.019+117%-0.034+183%
Free Cash Flow To Equity Per Share--0.0040.0040%-0.019+546%-0.009+296%-0.002+154%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--0.769--------
Intrinsic Value_10Y_min---0.255--------
Intrinsic Value_1Y_max--0.032--------
Intrinsic Value_1Y_min---0.032--------
Intrinsic Value_3Y_max--0.130--------
Intrinsic Value_3Y_min---0.092--------
Intrinsic Value_5Y_max--0.269--------
Intrinsic Value_5Y_min---0.145--------
Market Cap126287244.480+27%92350817.76092350817.7600%92656900.7400%105031218.483-12%105515023.577-12%
Net Profit Margin--0.8210.8210%1.238-34%0.831-1%1.040-21%
Operating Margin--0.8580.8580%0.512+68%0.709+21%0.699+23%
Operating Ratio--0.2160.2160%-1.805+936%-0.292+235%0.187+16%
Pb Ratio0.998+30%0.6940.6940%0.717-3%0.761-9%0.874-21%
Pe Ratio12.224+30%8.5048.5040%-24.886+393%-0.593+107%-0.001+100%
Price Per Share0.690+30%0.4800.4800%0.470+2%0.527-9%0.552-13%
Price To Free Cash Flow Ratio16.711+30%11.62511.6250%35.116-67%-554.216+4867%-275.113+2467%
Price To Total Gains Ratio11.454+30%7.9687.9680%-22.451+382%-20.500+357%-7.532+195%
Quick Ratio--53.76053.7600%167.115-68%89.729-40%53.597+0%
Return On Assets--0.0790.0790%-0.028+136%-0.003+104%0.041+92%
Return On Equity--0.0820.0820%-0.029+135%0.000+18211%0.047+72%
Total Gains Per Share--0.0600.0600%-0.021+135%-0.006+111%0.074-19%
Usd Book Value--87164722.90587164722.9050%84705649.796+3%90005172.043-3%80685711.123+8%
Usd Book Value Change Per Share--0.0230.0230%-0.029+225%-0.017+174%0.040-42%
Usd Book Value Per Share--0.4530.4530%0.430+5%0.452+0%0.420+8%
Usd Dividend Per Share--0.0160.0160%0.015+5%0.013+23%0.008+93%
Usd Eps--0.0370.0370%-0.012+133%0.005+655%0.022+69%
Usd Free Cash Flow--5204272.2795204272.2790%1728537.034+201%2457510.040+112%-4067401.389+178%
Usd Free Cash Flow Per Share--0.0270.0270%0.009+209%0.012+117%-0.023+183%
Usd Free Cash Flow To Equity Per Share--0.0030.0030%-0.013+546%-0.006+296%-0.002+154%
Usd Market Cap82730773.859+27%60499020.71560499020.7150%60699535.6750%68805951.228-12%69122891.945-12%
Usd Price Per Share0.452+30%0.3140.3140%0.308+2%0.345-9%0.361-13%
Usd Profit--7114543.8797114543.8790%-2439137.106+134%889940.641+699%4024688.541+77%
Usd Revenue--8664499.3428664499.3420%-1970858.524+123%1870187.210+363%5841630.664+48%
Usd Total Gains Per Share--0.0390.0390%-0.014+135%-0.004+111%0.048-19%
 EOD+4 -4MRQTTM+0 -0YOY+25 -105Y+25 -1010Y+24 -11

4.2. Fundamental Score

Let's check the fundamental score of Thorney Opportunities Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.224
Price to Book Ratio (EOD)Between0-10.998
Net Profit Margin (MRQ)Greater than00.821
Operating Margin (MRQ)Greater than00.858
Quick Ratio (MRQ)Greater than153.760
Current Ratio (MRQ)Greater than127.479
Debt to Asset Ratio (MRQ)Less than10.038
Debt to Equity Ratio (MRQ)Less than10.040
Return on Equity (MRQ)Greater than0.150.082
Return on Assets (MRQ)Greater than0.050.079
Total9/10 (90.0%)

4.3. Technical Score

Let's check the technical score of Thorney Opportunities Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.304
Ma 20Greater thanMa 500.684
Ma 50Greater thanMa 1000.673
Ma 100Greater thanMa 2000.637
OpenGreater thanClose0.690
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in AUD. All numbers in thousands.

Summary
Total Assets138,328
Total Liabilities5,272
Total Stockholder Equity133,056
 As reported
Total Liabilities 5,272
Total Stockholder Equity+ 133,056
Total Assets = 138,328

Assets

Total Assets138,328
Total Current Assets100,907
Long-term Assets37,421
Total Current Assets
Cash And Cash Equivalents 4,323
Short-term Investments 96,548
Net Receivables 1
Inventory -96,548
Other Current Assets 96,583
Total Current Assets  (as reported)100,907
Total Current Assets  (calculated)100,907
+/-0
Long-term Assets
Long Term Investments 133,969
Long-term Assets Other -96,548
Long-term Assets  (as reported)37,421
Long-term Assets  (calculated)37,421
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,672
Long-term Liabilities1,600
Total Stockholder Equity133,056
Total Current Liabilities
Accounts payable 1,069
Other Current Liabilities 2,603
Total Current Liabilities  (as reported)3,672
Total Current Liabilities  (calculated)3,672
+/-0
Long-term Liabilities
Other Liabilities 1,600
Long-term Liabilities  (as reported)1,600
Long-term Liabilities  (calculated)1,600
+/-0
Total Stockholder Equity
Common Stock98,142
Retained Earnings -141,302
Accumulated Other Comprehensive Income 176,216
Total Stockholder Equity (as reported)133,056
Total Stockholder Equity (calculated)133,056
+/-0
Other
Capital Stock98,142
Cash and Short Term Investments 100,871
Common Stock Shares Outstanding 192,398
Liabilities and Stockholders Equity 138,328
Net Debt -4,323
Net Tangible Assets 133,056
Net Working Capital 97,234



Balance Sheet

Currency in AUD. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-302013-06-302012-06-302011-06-302010-06-302009-06-302008-06-302007-06-302006-06-302005-06-302004-06-302003-06-302002-06-302001-06-302000-06-301999-06-301998-06-30
> Total Assets 
0
9,348
7,842
5,637
5,017
3,994
5,053
6,757
52,726
85,938
49,395
24,373
21,966
18,943
14,891
14,513
80,837
95,515
115,953
134,745
167,077
179,279
123,902
151,366
132,502
138,328
138,328132,502151,366123,902179,279167,077134,745115,95395,51580,83714,51314,89118,94321,96624,37349,39585,93852,7266,7575,0533,9945,0175,6377,8429,3480
   > Total Current Assets 
0
3,360
4,091
3,779
3,370
2,003
812
1,050
4,131
43,744
13,391
2,344
1,312
2,750
14,717
11,136
53,660
40,885
8,217
11,963
14,644
171,779
114,220
129,052
95,095
100,907
100,90795,095129,052114,220171,77914,64411,9638,21740,88553,66011,13614,7172,7501,3122,34413,39143,7444,1311,0508122,0033,3703,7794,0913,3600
       Cash And Cash Equivalents 
0
2,894
3,008
1,543
626
583
328
505
1,440
2,209
967
229
625
740
13,937
11,116
53,387
33,793
8,092
1,067
14,590
3,775
6,562
2,710
3,486
4,323
4,3233,4862,7106,5623,77514,5901,0678,09233,79353,38711,11613,9377406252299672,2091,4405053285836261,5433,0082,8940
       Short-term Investments 
0
0
0
104
14
176
605
97
933
-1
86
82
1,173
286
0
0
0
7,006
93,324
10,275
152,424
167,991
107,539
125,311
90,762
96,548
96,54890,762125,311107,539167,991152,42410,27593,3247,0060002861,1738286-19339760517614104000
       Net Receivables 
0
466
648
790
1,256
695
47
102
1,758
4,561
1,626
1,776
513
255
780
20
273
86
125
620
54
1
107
1,006
813
1
18131,00610715462012586273207802555131,7761,6264,5611,758102476951,2567906484660
       Other Current Assets 
0
0
435
880
1,474
549
241
272
0
37,065
10,348
339
-999
1,755
0
0
0
0
10
10
0
168,004
107,556
126,341
91,610
96,583
96,58391,610126,341107,556168,0040101000001,755-99933910,34837,06502722415491,47488043500
   > Long-term Assets 
0
0
3,752
1,857
1,648
1,991
4,241
5,707
58,049
42,194
36,004
22,029
20,654
16,193
0
3,360
27,064
61,618
106,846
133,047
152,424
7,500
6,375
22,315
37,407
37,421
37,42137,40722,3156,3757,500152,424133,047106,84661,61827,0643,360016,19320,65422,02936,00442,19458,0495,7074,2411,9911,6481,8573,75200
       Property Plant Equipment 
0
0
103
175
297
366
2,304
551
8,333
2,898
2,342
470
339
230
0
0
0
0
0
0
0
0
0
0
0
0
0000000000002303394702,3422,8988,3335512,30436629717510300
       Goodwill 
0
0
3,649
1,682
1,351
1,019
0
0
3,451
18,549
15,770
10,176
10,176
9,801
0
0
0
0
0
0
0
0
0
0
0
0
0000000000009,80110,17610,17615,77018,5493,451001,0191,3511,6823,64900
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
10,278
106,846
133,047
152,424
7,500
113,914
147,625
128,170
133,969
133,969128,170147,625113,9147,500152,424133,047106,84610,27800000000000000000
       Intangible Assets 
0
0
3,649
1,682
1,537
1,449
1,740
5,059
46,265
20,701
17,888
11,379
8,966
6,003
0
0
0
0
0
0
0
0
0
0
0
0
0000000000006,0038,96611,37917,88820,70146,2655,0591,7401,4491,5371,6823,64900
       Other Assets 
0
5,394
4,091
3,779
3,370
3,994
5,053
6,757
-9,454
85,938
49,395
24,373
21,966
18,943
14,891
17
113
-6,989
891
-10,265
9
12
3,307
25
34
35
3534253,307129-10,265891-6,9891131714,89118,94321,96624,37349,39585,938-9,4546,7575,0533,9943,3703,7794,0915,3940
> Total Liabilities 
0
2,472
1,277
2,817
3,630
3,606
4,760
6,571
7,050
41,239
28,313
14,611
7,710
6,710
168
72
2,427
7,788
12,941
13,346
12,928
16,261
1,808
11,878
3,201
5,272
5,2723,20111,8781,80816,26112,92813,34612,9417,7882,427721686,7107,71014,61128,31341,2397,0506,5714,7603,6063,6302,8171,2772,4720
   > Total Current Liabilities 
0
1,102
625
1,300
2,662
1,252
326
4,525
4,998
34,712
23,543
10,274
923
759
0
0
2,302
4,004
12,547
6,242
4,135
4,741
1,808
7,607
1,112
3,672
3,6721,1127,6071,8084,7414,1356,24212,5474,0042,3020075992310,27423,54334,7124,9984,5253261,2522,6621,3006251,1020
       Short-term Debt 
0
0
0
0
100
0
0
4,136
4,171
33,585
20,571
9,356
648
648
0
0
1,615
853
7,414
0
0
0
0
0
0
0
00000007,4148531,615006486489,35620,57133,5854,1714,136001000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
853
7,414
0
0
0
0
0
0
0
00000007,41485300000000000000000
       Accounts payable 
0
1,102
625
525
1,364
1,252
326
389
827
4,241
6,689
4,584
275
111
0
0
687
3,151
5,133
6,242
4,135
4,469
1,408
1,170
1,024
1,069
1,0691,0241,1701,4084,4694,1356,2425,1333,151687001112754,5846,6894,2418273893261,2521,3645256251,1020
       Other Current Liabilities 
0
-1,102
-625
-1,300
-398
-1,252
-326
0
0
-3,114
-3,717
-3,666
0
0
0
0
0
3,662
241
-6,242
-4,135
272
400
6,437
88
2,603
2,603886,437400272-4,135-6,2422413,66200000-3,666-3,717-3,11400-326-1,252-398-1,300-625-1,1020
   > Long-term Liabilities 
0
0
0
253
265
830
4,014
1,372
14,297
170
83
0
3,690
3,042
0
0
0
0
0
6,820
8,556
11,520
4,271
4,271
2,089
1,600
1,6002,0894,2714,27111,5208,5566,820000003,0423,69008317014,2971,3724,014830265253000
       Other Liabilities 
0
0
566
2,564
3,266
2,042
420
674
2,036
6,068
4,687
4,337
3,097
2,909
168
72
736
6,813
5,374
6,820
8,556
11,520
0
4,271
2,089
1,600
1,6002,0894,271011,5208,5566,8205,3746,813736721682,9093,0974,3374,6876,0682,0366744202,0423,2662,56456600
> Total Stockholder Equity
0
6,876
6,565
2,167
1,019
-351
225
177
45,676
44,699
21,082
9,762
14,256
12,233
14,723
14,441
78,411
87,726
103,013
121,399
154,149
163,018
122,094
139,488
129,302
133,056
133,056129,302139,488122,094163,018154,149121,399103,01387,72678,41114,44114,72312,23314,2569,76221,08244,69945,676177225-3511,0192,1676,5656,8760
   Common Stock
0
6,876
7,040
7,303
7,564
8,803
9,852
12,516
59,167
72,076
72,281
72,995
79,735
78,763
78,602
79,109
81,033
80,975
81,393
81,624
105,585
105,585
103,370
102,356
100,525
98,142
98,142100,525102,356103,370105,585105,58581,62481,39380,97581,03379,10978,60278,76379,73572,99572,28172,07659,16712,5169,8528,8037,5647,3037,0406,8760
   Retained Earnings Total Equity00000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
-40
-83
-72
0
196
17
348
366
366
323
887
472
531
300
0
11,552
21,619
39,776
56,650
88,486
108,890
135,763
153,530
176,216
176,216153,530135,763108,89088,48656,65039,77621,61911,5520300531472887323366366348171960-72-83-4000
   Capital Surplus 00000000000000000000000000
   Treasury Stock00000000000000000000000000
   Other Stockholders Equity 
0
0
40
83
72
0
84
0
-445
-242
1
1
0
0
0
0
0
-10
0
0
0
-163,018
-122,094
-139,488
-129,302
-133,056
-133,056-129,302-139,488-122,094-163,018000-100000011-242-445084072834000



Balance Sheet

Currency in AUD. All numbers in thousands.




Cash Flow

Currency in AUD. All numbers in thousands.




Income Statement

Currency in AUD. All numbers in thousands.


Latest Income Statement (annual, 2023-06-30)

Gross Profit (+$)
totalRevenue13,226
Cost of Revenue--2,338
Gross Profit15,56415,564
 
Operating Income (+$)
Gross Profit15,564
Operating Expense-5,192
Operating Income10,37210,372
 
Operating Expense (+$)
Research Development0
Selling General Administrative369
Selling And Marketing Expenses0
Operating Expense5,192369
 
Net Interest Income (+$)
Interest Income204
Interest Expense-0
Other Finance Cost-0
Net Interest Income204
 
Pretax Income (+$)
Operating Income10,372
Net Interest Income204
Other Non-Operating Income Expenses0
Income Before Tax (EBT)10,37210,372
EBIT - interestExpense = 11,349
10,372
10,860
Interest Expense0
Earnings Before Interest and Taxes (EBIT)11,34910,372
Earnings Before Interest and Taxes (EBITDA)977
 
After tax Income (+$)
Income Before Tax10,372
Tax Provision--489
Net Income From Continuing Ops10,86010,860
Net Income10,860
Net Income Applicable To Common Shares10,860
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses5,192
Total Other Income/Expenses Net0-204
 

Technical Analysis of Thorney Opportunities Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Thorney Opportunities Ltd. The general trend of Thorney Opportunities Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Thorney Opportunities Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Thorney Opportunities Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.715.

The bearish price targets are: 0.68 > 0.68 > 0.67.

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Thorney Opportunities Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Thorney Opportunities Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Thorney Opportunities Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Thorney Opportunities Ltd. The current macd is 0.00401179.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Thorney Opportunities Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Thorney Opportunities Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Thorney Opportunities Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Thorney Opportunities Ltd Daily Moving Average Convergence/Divergence (MACD) ChartThorney Opportunities Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Thorney Opportunities Ltd. The current adx is 14.85.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Thorney Opportunities Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Thorney Opportunities Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Thorney Opportunities Ltd. The current sar is 0.70906565.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Thorney Opportunities Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Thorney Opportunities Ltd. The current rsi is 56.30. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Thorney Opportunities Ltd Daily Relative Strength Index (RSI) ChartThorney Opportunities Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Thorney Opportunities Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Thorney Opportunities Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Thorney Opportunities Ltd Daily Stochastic Oscillator ChartThorney Opportunities Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Thorney Opportunities Ltd. The current cci is 65.12.

Thorney Opportunities Ltd Daily Commodity Channel Index (CCI) ChartThorney Opportunities Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Thorney Opportunities Ltd. The current cmo is 13.85.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Thorney Opportunities Ltd Daily Chande Momentum Oscillator (CMO) ChartThorney Opportunities Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Thorney Opportunities Ltd. The current willr is -55.55555556.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Thorney Opportunities Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Thorney Opportunities Ltd Daily Williams %R ChartThorney Opportunities Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Thorney Opportunities Ltd.

Thorney Opportunities Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Thorney Opportunities Ltd. The current atr is 0.01194517.

Thorney Opportunities Ltd Daily Average True Range (ATR) ChartThorney Opportunities Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Thorney Opportunities Ltd. The current obv is 4,404,412.

Thorney Opportunities Ltd Daily On-Balance Volume (OBV) ChartThorney Opportunities Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Thorney Opportunities Ltd. The current mfi is 47.40.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Thorney Opportunities Ltd Daily Money Flow Index (MFI) ChartThorney Opportunities Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Thorney Opportunities Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-03-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-02BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-03STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-06-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-07-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.

6.3. Candlestick Patterns

Thorney Opportunities Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Thorney Opportunities Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.304
Ma 20Greater thanMa 500.684
Ma 50Greater thanMa 1000.673
Ma 100Greater thanMa 2000.637
OpenGreater thanClose0.690
Total4/5 (80.0%)
Penke

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