Thornburg New York Fund Statistic Functions Beta

THNYX Fund  USD 12.01  0.01  0.08%   
Thornburg New statistic functions tool provides the execution environment for running the Beta function and other technical functions against Thornburg New. Thornburg New value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Thornburg New statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Thornburg New York correlated with the market. If Beta is less than 0 Thornburg New generally moves in the opposite direction as compared to the market. If Thornburg New Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thornburg New York is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thornburg New is generally in the same direction as the market. If Beta > 1 Thornburg New moves generally in the same direction as, but more than the movement of the benchmark.

Thornburg New Technical Analysis Modules

Most technical analysis of Thornburg New 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 Thornburg from various momentum indicators to cycle indicators. When you analyze Thornburg charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Thornburg New Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thornburg New York. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thornburg New York based on widely used predictive technical indicators. In general, we focus on analyzing Thornburg Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thornburg New's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thornburg New's intrinsic value. In addition to deriving basic predictive indicators for Thornburg New, we also check how macroeconomic factors affect Thornburg New price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thornburg New's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
11.8412.0112.18
Details
Intrinsic
Valuation
LowRealHigh
11.7811.9512.12
Details
Naive
Forecast
LowNextHigh
11.8512.0112.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.0112.0112.01
Details

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Other Information on Investing in Thornburg Mutual Fund

Thornburg New financial ratios help investors to determine whether Thornburg Mutual Fund 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 Thornburg with respect to the benefits of owning Thornburg New security.
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