Thornburg Intermediate Municipal Fund Market Value

THMCX Fund  USD 13.30  0.01  0.08%   
Thornburg Intermediate's market value is the price at which a share of Thornburg Intermediate trades on a public exchange. It measures the collective expectations of Thornburg Intermediate Municipal investors about its performance. Thornburg Intermediate is trading at 13.30 as of the 24th of January 2026; that is 0.08 percent increase since the beginning of the trading day. The fund's open price was 13.29.
With this module, you can estimate the performance of a buy and hold strategy of Thornburg Intermediate Municipal and determine expected loss or profit from investing in Thornburg Intermediate over a given investment horizon. Check out Thornburg Intermediate Correlation, Thornburg Intermediate Volatility and Thornburg Intermediate Alpha and Beta module to complement your research on Thornburg Intermediate.
Symbol

Please note, there is a significant difference between Thornburg Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Intermediate's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Thornburg Intermediate 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thornburg Intermediate's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thornburg Intermediate.
0.00
10/26/2025
No Change 0.00  0.0 
In 2 months and 31 days
01/24/2026
0.00
If you would invest  0.00  in Thornburg Intermediate on October 26, 2025 and sell it all today you would earn a total of 0.00 from holding Thornburg Intermediate Municipal or generate 0.0% return on investment in Thornburg Intermediate over 90 days. Thornburg Intermediate is related to or competes with Fidelity Series, Pace International, Sa Emerging, Goldman Sachs, Shelton Emerging, and Prudential Emerging. The investment seeks to obtain as high a level of current income exempt from federal individual income tax as is consist... More

Thornburg Intermediate Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thornburg Intermediate's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thornburg Intermediate Municipal upside and downside potential and time the market with a certain degree of confidence.

Thornburg Intermediate Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Intermediate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thornburg Intermediate's standard deviation. In reality, there are many statistical measures that can use Thornburg Intermediate historical prices to predict the future Thornburg Intermediate's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thornburg Intermediate's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
13.2113.3013.39
Details
Intrinsic
Valuation
LowRealHigh
12.1412.2314.63
Details
Naive
Forecast
LowNextHigh
13.1713.2613.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.1613.2613.35
Details

Thornburg Intermediate January 24, 2026 Technical Indicators

Thornburg Intermediate Backtested Returns

At this stage we consider Thornburg Mutual Fund to be very steady. Thornburg Intermediate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Thornburg Intermediate Municipal, which you can use to evaluate the volatility of the fund. Please validate Thornburg Intermediate's Risk Adjusted Performance of 0.0197, standard deviation of 0.0881, and Downside Deviation of 0.1278 to confirm if the risk estimate we provide is consistent with the expected return of 0.0112%. The entity has a beta of 0.0145, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg Intermediate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg Intermediate is expected to be smaller as well.

Auto-correlation

    
  0.24  

Weak predictability

Thornburg Intermediate Municipal has weak predictability. Overlapping area represents the amount of predictability between Thornburg Intermediate time series from 26th of October 2025 to 10th of December 2025 and 10th of December 2025 to 24th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thornburg Intermediate price movement. The serial correlation of 0.24 indicates that over 24.0% of current Thornburg Intermediate price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.0

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Other Information on Investing in Thornburg Mutual Fund

Thornburg Intermediate 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 Intermediate security.
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