Thornburg Limited Term Fund Price on September 6, 2024
| LTGRX Fund | USD 11.98 0.02 0.17% |
Below is the normalized historical share price chart for Thornburg Limited Term extending back to May 01, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thornburg Limited stands at 11.98, as last reported on the 27th of November, with the highest price reaching 11.98 and the lowest price hitting 11.98 during the day.
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. Thornburg Limited Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0389, which indicates the fund had a -0.0389% return per unit of risk over the last 3 months. Thornburg Limited Term exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg Limited's Risk Adjusted Performance of (0.06), coefficient of variation of (2,239), and Variance of 0.0376 to confirm the risk estimate we provide.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = -0.0389
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LTGRX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Limited is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thornburg Limited by adding Thornburg Limited to a well-diversified portfolio.
Thornburg Limited Valuation on September 6, 2024
It is possible to determine the worth of Thornburg Limited on a given historical date. On September 6, 2024 Thornburg was worth 12.12 at the beginning of the trading date compared to the closed value of 12.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Limited mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Limited's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thornburg Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Limited's related companies.
| Open | High | Low | Close | Volume | |
| 12.10 | 12.10 | 12.10 | 12.10 | 1.00 | |
09/06/2024 | 12.12 | 12.12 | 12.12 | 12.12 | 1.00 |
| 12.13 | 12.13 | 12.13 | 12.13 | 1.00 |
| Backtest Thornburg Limited | | | Thornburg Limited History | | | Thornburg Limited Valuation | Previous | Next |
Thornburg Limited Trading Date Momentum on September 6, 2024
| On September 09 2024 Thornburg Limited Term was traded for 12.13 at the closing time. The highest daily price throughout the period was 12.13 and the lowest price was 12.13 . There was no trading activity during the period 1.0. Lack of trading volume on 09/09/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.50% . |
Thornburg Limited Term Fundamentals Correlations and Trends
By evaluating Thornburg Limited's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thornburg Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thornburg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thornburg Limited Mutual Fund history
Thornburg Limited investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thornburg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thornburg Limited Term will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thornburg Limited stock prices may prove useful in developing a viable investing in Thornburg Limited
The fund invests at least 80 percent of its assets in U.S. government securities. The manager seeks to reduce changes in its share value by maintaining a portfolio of investments with a dollar-weighted average maturity or expected life of normally less than five years.
Thornburg Limited Mutual Fund Technical Analysis
Thornburg Limited technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Thornburg Limited Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Thornburg Limited Term cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thornburg Limited November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Limited mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thornburg Limited shares will generate the highest return on investment. By undertsting and applying Thornburg Limited mutual fund market strength indicators, traders can identify Thornburg Limited Term entry and exit signals to maximize returns
Thornburg Limited Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Limited's price direction in advance. Along with the technical and fundamental analysis of Thornburg Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thornburg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.6809 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Thornburg Mutual Fund
Thornburg Limited 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 Limited security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |