Therma Bright (TSXV:THRM) 12-1 Month Momentum %: -16.67% (As of Sep. 08, 2026)

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What is Therma Bright 12-1 Month Momentum %?

Therma Bright TSXV:THRM -10.00% 12-1 Month Momentum % is -16.67% as of Sep. 08, 2026. The stock has 5 warning signs investors should review. Among 824 Medical Devices & Instruments companies, Therma Bright ranks better than 50.61% on this metric.

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2026-09-08), Therma Bright's 12-1 Month Momentum % is -16.67%.

The industry rank for Therma Bright's 12-1 Month Momentum % or its related term are showing as below:

TSXV:THRM's 12-1 Month Momentum % is ranked better than
50.61% of 824 companies
in the Medical Devices & Instruments industry
Industry Median: -16.95 vs TSXV:THRM: -16.67

Therma Bright  (TSXV:THRM) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Therma Bright 12-1 Month Momentum % Related Terms

TSXV:THRM vs ABT, SYK, MDT: 12-1 Month Momentum % Comparison

For the Medical Devices subindustry, Therma Bright's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Therma Bright 12-1 Month Momentum % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Therma Bright's 12-1 Month Momentum % falls into.


Therma Bright  (TSXV:THRM) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 12-1 Month Momentum % →
What does a 12-1 Month Momentum % of -16.67% mean?
Therma Bright (TSXV:THRM) has a 12-1 Month Momentum % of -16.67% as of Sep. 08, 2026. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Therma Bright and its competitors. According to the industry distribution chart, Therma Bright ranks #407 out of 824 companies in the Medical Devices & Instruments industry, placing it in the top 49.4%.
Is Therma Bright's 12-1 Month Momentum % too high?
Therma Bright's current 12-1 Month Momentum % is -16.67%. Based on the distribution chart, Therma Bright ranks #407 out of 824 companies in the Medical Devices & Instruments industry, which is above the industry midpoint.
How does Therma Bright's 12-1 Month Momentum % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #407 out of 824 companies for 12-1 Month Momentum %. This puts Therma Bright in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 12-1 Month Momentum % for a Medical Devices & Instruments company?
A good 12-1 Month Momentum % depends on the Medical Devices & Instruments industry context. However, 12-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 12-1 Month Momentum % mean?
A high 12-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 12-1 Month Momentum measures the total return of the stock from 12-month ago to 1-month ago. View historical data on Therma Bright and its competitors. Therma Bright's current 12-1 Month Momentum % is -16.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current 12-1 Month Momentum % of -16.67%. The current 12-1 Month Momentum % is -16.67%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 12-1 Month Momentum % calculated?
12-1 Month Momentum % is calculated from a company's financial statements. For Therma Bright (TSXV:THRM), the current 12-1 Month Momentum % is -16.67% as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Therma Bright Business Description

Other Exchanges TBRIF:USA
Address 345 Danforth Avenue, Toronto, ON, CAN, M4K 1N7
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.