Thornburg Core Plus Fund Buy Hold or Sell Recommendation
| THCAX Fund | 10.45 0.03 0.29% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Thornburg Core Plus is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Thornburg Core Plus given historical horizon and risk tolerance towards Thornburg Core. When Macroaxis issues a 'buy' or 'sell' recommendation for Thornburg Core Plus, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation. Note, we conduct extensive research on individual funds such as Thornburg and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Thornburg Core Plus. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.
Thornburg |
Execute Thornburg Core Buy or Sell Advice
The Thornburg recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Thornburg Core Plus. Macroaxis does not own or have any residual interests in Thornburg Core Plus or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thornburg Core's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details |
Thornburg Core Trading Alerts and Improvement Suggestions
| Thornburg Core Plus generated a negative expected return over the last 90 days |
Thornburg Core Returns Distribution Density
The distribution of Thornburg Core's historical returns is an attempt to chart the uncertainty of Thornburg Core's future price movements. The chart of the probability distribution of Thornburg Core daily returns describes the distribution of returns around its average expected value. We use Thornburg Core Plus price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thornburg Core returns is essential to provide solid investment advice for Thornburg Core.
| Mean Return | -0.02 | Value At Risk | -0.75 | Potential Upside | 0.47 | Standard Deviation | 0.32 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Thornburg Core historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Thornburg Core Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thornburg Core or Thornburg sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thornburg Core's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thornburg fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 0.33 | |
Ir | Information ratio | -0.47 |
Thornburg Core Volatility Alert
Thornburg Core Plus exhibits very low volatility with skewness of -0.31 and kurtosis of 1.15. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thornburg Core's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Thornburg Core's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Thornburg Core Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Thornburg . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.45 | |||
| Day Typical Price | 10.45 | |||
| Price Action Indicator | 0.015 | |||
| Period Momentum Indicator | 0.03 | |||
| Relative Strength Index | 38.6 |
Use Investing Ideas to Build Portfolios
In addition to having Thornburg Core in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Non-Metallic and Industrial Metal Mining Thematic Idea Now
Non-Metallic and Industrial Metal Mining
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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