Thornburg Strategic Income Fund Manager Performance Evaluation
| TSIAX Fund | USD 11.52 0.03 0.26% |
The entity has a beta of -0.0277, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thornburg Strategic are expected to decrease at a much lower rate. During the bear market, Thornburg Strategic is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Thornburg Strategic Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Thornburg Strategic 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 | 1.0500 |
Thornburg |
Thornburg Strategic Relative Risk vs. Return Landscape
If you would invest 1,151 in Thornburg Strategic Income on September 1, 2024 and sell it today you would earn a total of 1.00 from holding Thornburg Strategic Income or generate 0.09% return on investment over 90 days. Thornburg Strategic Income is currently producing 0.0015% returns and takes up 0.1962% volatility of returns over 90 trading days. Put another way, 1% 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 Strategic Current Valuation
Overvalued
Today
Please note that Thornburg Strategic's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Thornburg Strategic has a current Real Value of $11.24 per share. The regular price of the fund is $11.52. We determine the value of Thornburg Strategic 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 Strategic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg Strategic'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 11.52 | Real 11.24 | Hype 11.52 | Naive 11.53 |
The intrinsic value of Thornburg Strategic'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 Strategic'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 Strategic Income 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 Strategic more accurately as focusing exclusively on Thornburg Strategic's fundamentals will not take into account other important factors: Thornburg Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Strategic's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg Strategic Income, and traders can use it to determine the average amount a Thornburg Strategic'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 = 0.0079
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TSIAX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Strategic 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 Strategic by adding Thornburg Strategic to a well-diversified portfolio.
Thornburg Strategic Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg Strategic, and Thornburg Strategic 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.
| Price To Earning | 9.23 X | ||||
| Price To Book | 0.95 X | ||||
| Total Asset | 280.26 M | ||||
About Thornburg Strategic Performance
Evaluating Thornburg Strategic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thornburg Strategic 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 Strategic 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 investment goals by investing in a broad range of income-producing investments from throughout the world, primarily including debt obligations. The manager expects, under normal conditions, to invest a majority of its assets in the debt obligations. The fund may invest in debt obligations of any kind, of any quality, and of any maturity.Things to note about Thornburg Strategic performance evaluation
Checking the ongoing alerts about Thornburg Strategic for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg Strategic 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 12.51% of its assets in cash |
- Analyzing Thornburg Strategic'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 Strategic's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg Strategic'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 Strategic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg Strategic's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg Strategic's mutual fund. These opinions can provide insight into Thornburg Strategic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thornburg Mutual Fund
Thornburg Strategic 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 Strategic security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |