Thornburg International Value Fund Price on May 17, 2023
THGCX Fund | USD 21.64 0.10 0.46% |
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Thornburg International stands at 21.64, as last reported on the 27th of November, with the highest price reaching 21.64 and the lowest price hitting 21.64 during the day. Thornburg International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the fund had a -0.16% 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 Risk Adjusted Performance of (0.12), variance of 1.06, and Coefficient Of Variation of (640.79) 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 = -0.1561
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Estimated Market Risk
1.03 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 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 May 17, 2023
It is possible to determine the worth of Thornburg International on a given historical date. On May 17, 2023 Thornburg was worth 19.8 at the beginning of the trading date compared to the closed value of 19.8. 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 | |
19.85 | 19.85 | 19.85 | 19.85 | 1.00 | |
05/17/2023 | 19.80 | 19.80 | 19.80 | 19.80 | 1.00 |
19.86 | 19.86 | 19.86 | 19.86 | 1.00 |
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Thornburg International Trading Date Momentum on May 17, 2023
On May 18 2023 Thornburg International Value was traded for 19.86 at the closing time. The highest daily price throughout the period was 19.86 and the lowest price was 19.86 . There was no trading activity during the period 1.0. Lack of trading volume on 05/18/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.30% . The trading price change to current closing price is 1.72% . |
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
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 27, 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 27, 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 | (0.12) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | (1.17) |
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Overlap Studies | ||
Pattern Recognition | ||
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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.
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |