Thornburg Multi Sector Etf Market Value
| TMB Etf | 25.74 0.01 0.04% |
| Symbol | Thornburg |
The market value of Thornburg Multi Sector is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Multi's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Multi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thornburg Multi's market value can be influenced by many factors that don't directly affect Thornburg Multi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thornburg Multi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Multi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Multi'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 Multi '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 Multi's etf 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 Multi.
| 11/28/2025 |
| 12/28/2025 |
If you would invest 0.00 in Thornburg Multi on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding Thornburg Multi Sector or generate 0.0% return on investment in Thornburg Multi over 30 days. Thornburg Multi is related to or competes with Principal Quality, ProShares Ultra, IShares Trust, ProShares Pet, Defiance Oil, FundX Investment, and TCW ETF. Thornburg Multi is entity of United States More
Thornburg Multi 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 Multi's etf 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 Multi Sector upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1616 | |||
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 0.5465 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1962 |
Thornburg Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thornburg Multi's standard deviation. In reality, there are many statistical measures that can use Thornburg Multi historical prices to predict the future Thornburg Multi's volatility.| Risk Adjusted Performance | 0.0497 | |||
| Jensen Alpha | 0.0037 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.42) | |||
| Treynor Ratio | 0.1536 |
Thornburg Multi Sector Backtested Returns
At this point, Thornburg Multi is very steady. Thornburg Multi Sector owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the etf had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thornburg Multi Sector, which you can use to evaluate the volatility of the etf. Please validate Thornburg Multi's Coefficient Of Variation of 743.48, risk adjusted performance of 0.0497, and Semi Deviation of 0.028 to confirm if the risk estimate we provide is consistent with the expected return of 0.0184%. The entity has a beta of 0.0472, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg Multi's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg Multi is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Thornburg Multi Sector has insignificant reverse predictability. Overlapping area represents the amount of predictability between Thornburg Multi time series from 28th of November 2025 to 13th of December 2025 and 13th of December 2025 to 28th of December 2025. 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 Multi Sector price movement. The serial correlation of -0.2 indicates that over 20.0% of current Thornburg Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thornburg Multi Sector lagged returns against current returns
Autocorrelation, which is Thornburg Multi etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thornburg Multi's etf expected returns. We can calculate the autocorrelation of Thornburg Multi returns to help us make a trade decision. For example, suppose you find that Thornburg Multi has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Thornburg Multi regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thornburg Multi etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thornburg Multi etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thornburg Multi etf over time.
Current vs Lagged Prices |
| Timeline |
Thornburg Multi Lagged Returns
When evaluating Thornburg Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thornburg Multi etf have on its future price. Thornburg Multi autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thornburg Multi autocorrelation shows the relationship between Thornburg Multi etf current value and its past values and can show if there is a momentum factor associated with investing in Thornburg Multi Sector.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Thornburg Multi Sector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thornburg Multi's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thornburg Multi Sector Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Thornburg Multi Sector Etf:Check out Thornburg Multi Correlation, Thornburg Multi Volatility and Thornburg Multi Alpha and Beta module to complement your research on Thornburg Multi. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Thornburg Multi technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.