Thornburg Better World Fund Price on December 5, 2024
| TBWIX Fund | USD 19.39 0.02 0.10% |
Below is the normalized historical share price chart for Thornburg Better World extending back to September 30, 2015. 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 Better stands at 19.39, as last reported on the 11th of December 2024, with the highest price reaching 19.39 and the lowest price hitting 19.39 during the day.
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Thornburg Mutual Fund to be very steady. Thornburg Better World owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0024, which indicates the fund had a 0.0024% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thornburg Better World, which you can use to evaluate the volatility of the fund. Please validate Thornburg Better's Coefficient Of Variation of 6892.96, risk adjusted performance of 0.0103, and Semi Deviation of 0.6646 to confirm if the risk estimate we provide is consistent with the expected return of 0.0018%.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.0024
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TBWIX |
Estimated Market Risk
| 0.72 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Better 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 Better by adding Thornburg Better to a well-diversified portfolio.
Thornburg Better Valuation on December 5, 2024
It is possible to determine the worth of Thornburg Better on a given historical date. On December 5, 2024 Thornburg was worth 19.48 at the beginning of the trading date compared to the closed value of 19.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Better mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Better'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 Better where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Better's related companies.
| Open | High | Low | Close | Volume | |
| 19.40 | 19.40 | 19.40 | 19.40 | 1.00 | |
12/05/2024 | 19.48 | 19.48 | 19.48 | 19.48 | 1.00 |
| 19.48 | 19.48 | 19.48 | 19.48 | 1.00 |
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Thornburg Better Trading Date Momentum on December 5, 2024
| On December 06 2024 Thornburg Better World was traded for 19.48 at the closing time. The highest daily price throughout the period was 19.48 and the lowest price was 19.48 . There was no trading activity during the period 1.0. Lack of trading volume on 12/06/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.46% . |
Thornburg Better World Fundamentals Correlations and Trends
By evaluating Thornburg Better'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 Better'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 Better Mutual Fund history
Thornburg Better 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 Better World 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 Better stock prices may prove useful in developing a viable investing in Thornburg Better
The fund invests primarily in a broad range of foreign equity securities or depositary receipts of foreign equity securities. The advisor combines fundamental research on issuers with analysis of significant ESG characteristics, which Thornburg defines as those ESG factors that may materially affect an issuers risk and return profile and the issuers long-term investment performance. It may invest in any stock or other equity security which Thornburg believes may assist the fund in pursuing its goal, including common stocks, preferred stocks and publicly traded real estate investment trusts.
Thornburg Better Mutual Fund Technical Analysis
Thornburg Better 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 Better Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Thornburg Better World 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 Better December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Better 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 Better shares will generate the highest return on investment. By undertsting and applying Thornburg Better mutual fund market strength indicators, traders can identify Thornburg Better World entry and exit signals to maximize returns
Thornburg Better Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Better'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 | 0.0103 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0049 |
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Other Information on Investing in Thornburg Mutual Fund
Thornburg Better 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 Better security.
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