Thornburg Income Builder Fund Statistic Functions Beta

XTBLX Fund  USD 20.92  0.57  0.87%   
Thornburg Income statistic functions tool provides the execution environment for running the Beta function and other technical functions against Thornburg Income. Thornburg Income 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 Income 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Thornburg Income Builder correlated with the market. If Beta is less than 0 Thornburg Income generally moves in the opposite direction as compared to the market. If Thornburg Income Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thornburg Income Builder is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thornburg Income is generally in the same direction as the market. If Beta > 1 Thornburg Income moves generally in the same direction as, but more than the movement of the benchmark.

Thornburg Income Technical Analysis Modules

Most technical analysis of Thornburg Income 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 Income 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 Income Builder. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thornburg Income Builder 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 Income'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 Income's intrinsic value. In addition to deriving basic predictive indicators for Thornburg Income, we also check how macroeconomic factors affect Thornburg Income price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
21.6021.9922.38
Details
Intrinsic
Valuation
LowRealHigh
21.2521.6422.03
Details
Naive
Forecast
LowNextHigh
21.5421.9222.31
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.1921.6022.00
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thornburg Income in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thornburg Income's short interest history, or implied volatility extrapolated from Thornburg Income options trading.

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.

Other Information on Investing in Thornburg Mutual Fund

Thornburg Income 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 Income security.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Share Portfolio
Track or share privately all of your investments from the convenience of any device