Thornburg Investment Income Fund Price on October 7, 2024
| TIBMX Fund | USD 25.63 0.15 0.58% |
Below is the normalized historical share price chart for Thornburg Investment Income extending back to February 02, 2007. 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 Investment stands at 25.63, as last reported on the 24th of November, with the highest price reaching 25.63 and the lowest price hitting 25.63 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 Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the fund had a -0.1% return per unit of risk over the last 3 months. Thornburg Investment Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg Investment's Risk Adjusted Performance of (0.07), coefficient of variation of (1,237), and Variance of 0.2273 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 = -0.1046
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TIBMX |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Investment 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 Investment by adding Thornburg Investment to a well-diversified portfolio.
Thornburg Investment Valuation on October 7, 2024
It is possible to determine the worth of Thornburg Investment on a given historical date. On October 7, 2024 Thornburg was worth 26.65 at the beginning of the trading date compared to the closed value of 26.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Investment mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Investment'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 Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Investment's related companies.
| Open | High | Low | Close | Volume | |
| 26.64 | 26.64 | 26.64 | 26.64 | 1.00 | |
10/07/2024 | 26.65 | 26.65 | 26.65 | 26.65 | 1.00 |
| 26.68 | 26.68 | 26.68 | 26.68 | 1.00 |
| Backtest Thornburg Investment | | | Thornburg Investment History | | | Thornburg Investment Valuation | Previous | Next |
Thornburg Investment Trading Date Momentum on October 7, 2024
| On October 08 2024 Thornburg Investment Income was traded for 26.68 at the closing time. The highest daily price throughout the period was 26.68 and the lowest price was 26.68 . There was no trading activity during the period 1.0. Lack of trading volume on 10/08/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.11% . The trading price change to current closing price is 1.28% . |
Thornburg Investment Fundamentals Correlations and Trends
By evaluating Thornburg Investment'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 Investment'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 Investment Mutual Fund history
Thornburg Investment 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 Investment 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 Investment stock prices may prove useful in developing a viable investing in Thornburg Investment
The fund pursues its investment goals by investing in a broad range of income producing securities, primarily including stocks and bonds. It will under normal conditions invest at least 80 percent of its net assets in income-producing securities, and at least 50 percent of its net assets in common stocks.
Thornburg Investment Mutual Fund Technical Analysis
Thornburg Investment 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 Investment Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Thornburg Investment Income 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 Investment November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Investment 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 Investment shares will generate the highest return on investment. By undertsting and applying Thornburg Investment mutual fund market strength indicators, traders can identify Thornburg Investment Income entry and exit signals to maximize returns
Thornburg Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Investment'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 | (0.07) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.5498 |
| 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 Investment 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 Investment security.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal |