Thornburg Core Plus Fund Manager Performance Evaluation
| THCAX Fund | 10.45 0.03 0.29% |
The entity has a beta of -0.06, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thornburg Core are expected to decrease at a much lower rate. During the bear market, Thornburg Core is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days Thornburg Core Plus has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Thornburg Core is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Thornburg |
Thornburg Core Relative Risk vs. Return Landscape
If you would invest 1,056 in Thornburg Core Plus on August 30, 2024 and sell it today you would lose (11.00) from holding Thornburg Core Plus or give up 1.04% of portfolio value over 90 days. Thornburg Core Plus is currently producing negative expected returns and takes up 0.3293% volatility of returns over 90 trading days. Put another way, 2% 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 Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Core's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg Core Plus, and traders can use it to determine the average amount a Thornburg Core'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 = -0.0489
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | THCAX |
Estimated Market Risk
| 0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Core 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 Core by adding Thornburg Core to a well-diversified portfolio.
Things to note about Thornburg Core Plus performance evaluation
Checking the ongoing alerts about Thornburg Core for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg Core Plus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thornburg Core Plus generated a negative expected return over the last 90 days |
- Analyzing Thornburg Core'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 Core's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg Core'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 Core's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg Core's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg Core's mutual fund. These opinions can provide insight into Thornburg Core's potential for growth and whether the stock is currently undervalued or overvalued.
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