Thornburg International Value Fund Price on June 10, 2024
TGVRX Fund | USD 25.94 0.26 1.01% |
Below is the normalized historical share price chart for Thornburg International Value extending back to July 16, 2003. 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 International stands at 25.94, as last reported on the 30th of November, with the highest price reaching 25.94 and the lowest price hitting 25.94 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 International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the fund had a -0.12% return per unit of risk over the last 3 months. Thornburg International Value exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg International's Coefficient Of Variation of (817.88), variance of 0.925, and Risk Adjusted Performance of (0.09) 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 = -0.1154
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | TGVRX |
Estimated Market Risk
0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg International 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 International by adding Thornburg International to a well-diversified portfolio.
Thornburg International Valuation on June 10, 2024
It is possible to determine the worth of Thornburg International on a given historical date. On June 10, 2024 Thornburg was worth 26.93 at the beginning of the trading date compared to the closed value of 26.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg International mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg International's related companies.
Open | High | Low | Close | Volume | |
27.03 | 27.03 | 27.03 | 27.03 | 1.00 | |
06/10/2024 | 26.93 | 26.93 | 26.93 | 26.93 | 1.00 |
26.69 | 26.69 | 26.69 | 26.69 | 1.00 |
Backtest Thornburg International | | | Thornburg International History | | | Thornburg International Valuation | Previous | Next |
Thornburg International Trading Date Momentum on June 10, 2024
On June 11 2024 Thornburg International Value was traded for 26.69 at the closing time. The highest daily price throughout the period was 26.69 and the lowest price was 26.69 . There was no trading activity during the period 1.0. Lack of trading volume on 06/11/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.89% . The trading price change to current closing price is 1.00% . |
Thornburg International Fundamentals Correlations and Trends
By evaluating Thornburg International'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 International'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 International Mutual Fund history
Thornburg International 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 International 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 International stock prices may prove useful in developing a viable investing in Thornburg International
The fund invests primarily in common stocks of non-U.S. companies and in depositary receipts associated with such stocks. The fund may invest in developing countries. Under normal conditions, the fund will invest at least 80 percent of its net assets in common stocks or depositary receipts.
Thornburg International Mutual Fund Technical Analysis
Thornburg International 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 International Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Thornburg International Value 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 International November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg International 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 International shares will generate the highest return on investment. By undertsting and applying Thornburg International mutual fund market strength indicators, traders can identify Thornburg International Value entry and exit signals to maximize returns
Thornburg International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg International'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 | (0.09) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (1.33) |
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 International 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 International security.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |