Thornburg Limited Term Fund Price on May 22, 2023
THIRX Fund | USD 13.01 0.01 0.08% |
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 Limited stands at 13.01, as last reported on the 11th of December 2024, with the highest price reaching 13.01 and the lowest price hitting 13.01 during the day. Thornburg Limited Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0204, which indicates the fund had a -0.0204% return per unit of risk over the last 3 months. Thornburg Limited Term exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg Limited's Risk Adjusted Performance of (0.05), variance of 0.0286, and Coefficient Of Variation of (4,902) 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 = -0.0204
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Estimated Market Risk
0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 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 May 22, 2023
It is possible to determine the worth of Thornburg Limited on a given historical date. On May 22, 2023 Thornburg was worth 11.95 at the beginning of the trading date compared to the closed value of 11.95. 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 | |
11.95 | 11.95 | 11.95 | 11.95 | 1.00 | |
05/22/2023 | 11.95 | 11.95 | 11.95 | 11.95 | 1.00 |
11.96 | 11.96 | 11.96 | 11.96 | 1.00 |
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Thornburg Limited Trading Date Momentum on May 22, 2023
On May 23 2023 Thornburg Limited Term was traded for 11.96 at the closing time. The highest daily price throughout the period was 11.96 and the lowest price was 11.96 . There was no trading activity during the period 1.0. Lack of trading volume on 05/23/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.59% . |
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 investment seeks to provide as high a level of current income as is consistent with safety of capital to reduce changes in its share prices compared to longer term portfolios is the secondary goal. Thornburg Limited is traded on NASDAQ Exchange in the United States.
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 | December 11, 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 December 11, 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 | (0.05) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.45) |
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Pattern Recognition | ||
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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.
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