Thornburg Better World Fund Manager Performance Evaluation
| TBWIX Fund | USD 19.13 0.17 0.90% |
The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg Better's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg Better is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Thornburg Better World has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Thornburg Better is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 1st of February 2023 | |
| Expense Ratio | 0.9000 |
Thornburg |
Thornburg Better Relative Risk vs. Return Landscape
If you would invest 1,976 in Thornburg Better World on September 1, 2024 and sell it today you would lose (63.00) from holding Thornburg Better World or give up 3.19% of portfolio value over 90 days. Thornburg Better World is currently producing negative expected returns and takes up 0.7366% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Thornburg, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thornburg Better Current Valuation
Fairly Valued
Today
Please note that Thornburg Better's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Thornburg Better World has a current Real Value of $19.21 per share. The regular price of the fund is $19.13. We determine the value of Thornburg Better World from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Thornburg Better is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg Better's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 19.13 | Real 19.21 | Hype 19.13 | Naive 19.17 |
The intrinsic value of Thornburg Better's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Thornburg Better's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Thornburg Better World helps investors to forecast how Thornburg mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thornburg Better more accurately as focusing exclusively on Thornburg Better's fundamentals will not take into account other important factors: Thornburg Better Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Better's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg Better World, and traders can use it to determine the average amount a Thornburg Better's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0651
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TBWIX |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Better 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 Better by adding Thornburg Better to a well-diversified portfolio.
Thornburg Better Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg Better, and Thornburg Better fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thornburg Mutual Fund performance.
| Total Asset | 514.59 M | ||||
About Thornburg Better Performance
Evaluating Thornburg Better's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thornburg Better has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thornburg Better has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests primarily in a broad range of foreign equity securities or depositary receipts of foreign equity securities. The advisor combines fundamental research on issuers with analysis of significant ESG characteristics, which Thornburg defines as those ESG factors that may materially affect an issuers risk and return profile and the issuers long-term investment performance. It may invest in any stock or other equity security which Thornburg believes may assist the fund in pursuing its goal, including common stocks, preferred stocks and publicly traded real estate investment trusts.Things to note about Thornburg Better World performance evaluation
Checking the ongoing alerts about Thornburg Better for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg Better World help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thornburg Better generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Thornburg Better World maintains 95.2% of its assets in stocks |
- Analyzing Thornburg Better's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thornburg Better's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg Better's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thornburg Better's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg Better's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg Better's mutual fund. These opinions can provide insight into Thornburg Better's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thornburg Mutual Fund
Thornburg Better 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 Better security.
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