Thornburg Value Fund Price on August 30, 2023
| TVRRX Fund | USD 89.25 0.76 0.84% |
Below is the normalized historical share price chart for Thornburg Value Fund extending back to February 01, 2005. 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 Value stands at 89.25, as last reported on the 27th of November, with the highest price reaching 89.25 and the lowest price hitting 89.25 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 Value appears to be very steady, given 3 months investment horizon. Thornburg Value owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thornburg Value Fund, which you can use to evaluate the volatility of the fund. Please review Thornburg Value's Coefficient Of Variation of 583.65, risk adjusted performance of 0.1343, and Semi Deviation of 0.7759 to confirm if our risk estimates are consistent with your expectations.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.1852
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Thornburg Value is performing at about 14% of its full potential. 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 Value by adding it to a well-diversified portfolio.
Thornburg Value Valuation on August 30, 2023
It is possible to determine the worth of Thornburg Value on a given historical date. On August 30, 2023 Thornburg was worth 65.85 at the beginning of the trading date compared to the closed value of 65.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Value mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Value'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 Value where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Value's related companies.
| Open | High | Low | Close | Volume | |
| 65.66 | 65.66 | 65.66 | 65.66 | 1.00 | |
08/30/2023 | 65.85 | 65.85 | 65.85 | 65.85 | 1.00 |
| 65.80 | 65.80 | 65.80 | 65.80 | 1.00 |
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Thornburg Value Trading Date Momentum on August 30, 2023
| On August 31 2023 Thornburg Value Fund was traded for 65.80 at the closing time. The highest daily price throughout the period was 65.80 and the lowest price was 65.80 . There was no trading activity during the period 1.0. Lack of trading volume on 08/31/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 1.53% . |
Thornburg Value Fundamentals Correlations and Trends
By evaluating Thornburg Value'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 Value'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 Value Mutual Fund history
Thornburg Value 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 Value 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 Value stock prices may prove useful in developing a viable investing in Thornburg Value
Under normal conditions, the fund invests at least 80 percent of its net assets in small- and mid-capitalization companies. The Advisor expects to invest primarily in domestic common stocks. However, the fund may own foreign common stocks which, in the opinion of the funds investment advisor, Thornburg Investment Management, Inc. , offer prospects for meeting the funds investment goals.
Thornburg Value Mutual Fund Technical Analysis
Thornburg Value 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 Value Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Thornburg Value Fund 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 Value November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Value 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 Value shares will generate the highest return on investment. By undertsting and applying Thornburg Value mutual fund market strength indicators, traders can identify Thornburg Value Fund entry and exit signals to maximize returns
Thornburg Value Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Value'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 | 0.1343 | |||
| Jensen Alpha | 0.1583 | |||
| Total Risk Alpha | 0.0059 | |||
| Sortino Ratio | 0.0687 | |||
| Treynor Ratio | 0.7832 |
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| Volume Indicators |
Other Information on Investing in Thornburg Mutual Fund
Thornburg Value 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 Value security.
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