Thornburg New Mexico Fund Manager Performance Evaluation
| THNIX Fund | USD 12.50 0.04 0.32% |
The entity has a beta of -0.0228, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thornburg New are expected to decrease at a much lower rate. During the bear market, Thornburg New is likely to outperform the market.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Thornburg New Mexico are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong forward indicators, Thornburg New 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 April 2025 | |
| Expense Ratio | 0.6700 |
Thornburg |
Thornburg New Relative Risk vs. Return Landscape
If you would invest 1,236 in Thornburg New Mexico on November 5, 2025 and sell it today you would earn a total of 14.00 from holding Thornburg New Mexico or generate 1.13% return on investment over 90 days. Thornburg New Mexico is currently producing 0.0188% returns and takes up 0.0917% volatility of returns over 90 trading days. Put another way, 0% 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 New Current Valuation
Overvalued
Today
Please note that Thornburg New's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Thornburg New Mexico has a current Real Value of $11.52 per share. The regular price of the fund is $12.5. We determine the value of Thornburg New Mexico 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 New is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg New'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 12.5 | Real 11.52 | Hype 12.86 | Naive 12.47 |
The intrinsic value of Thornburg New'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 New'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 New Mexico 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 New more accurately as focusing exclusively on Thornburg New's fundamentals will not take into account other important factors: Thornburg New Target Price Odds to finish over Current Price
The tendency of Thornburg Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 12.50 | 90 days | 12.50 | roughly 2.55 |
Based on a normal probability distribution, the odds of Thornburg New to move above the current price in 90 days from now is roughly 2.55 (This Thornburg New Mexico probability density function shows the probability of Thornburg Mutual Fund to fall within a particular range of prices over 90 days) .
Thornburg New Price Density |
| Price |
Predictive Modules for Thornburg New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thornburg New Mexico. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Thornburg New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thornburg New is not an exception. The market had few large corrections towards the Thornburg New's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Thornburg New Mexico, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thornburg New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.47 |
Thornburg New Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Thornburg New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thornburg New Mexico can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains about 99.35% of its assets in bonds |
Thornburg New Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg New, and Thornburg New 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 | 51.06 M | |||
About Thornburg New Performance
Evaluating Thornburg New's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thornburg New 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 New 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 pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by the State of New Mexico and its agencies, and by New Mexico local governments and their agencies. It is non-diversified.Things to note about Thornburg New Mexico performance evaluation
Checking the ongoing alerts about Thornburg New for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg New Mexico help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 99.35% of its assets in bonds |
- Analyzing Thornburg New'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 New's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg New'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 New's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg New's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg New's mutual fund. These opinions can provide insight into Thornburg New's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thornburg Mutual Fund
Thornburg New 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 New security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |