Thornburg Core Plus Etf Market Value
| TPLS Etf | 25.67 0.08 0.31% |
| Symbol | Thornburg |
The market value of Thornburg Core Plus 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 Core's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Core'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 Core's market value can be influenced by many factors that don't directly affect Thornburg Core'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 Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Core'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 Core '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 Core'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 Core.
| 10/28/2025 |
| 12/27/2025 |
If you would invest 0.00 in Thornburg Core on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Thornburg Core Plus or generate 0.0% return on investment in Thornburg Core over 60 days. Thornburg Core is related to or competes with Fm High, AIM ETF, Innovator ETFs, Goldman Sachs, Innovator ETFs, Invesco BulletShares, and LAFFERTENGLER Equity. Thornburg Core is entity of United States More
Thornburg Core 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 Core'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 Core Plus upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2113 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 0.898 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3909 |
Thornburg Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thornburg Core's standard deviation. In reality, there are many statistical measures that can use Thornburg Core historical prices to predict the future Thornburg Core's volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | 0.0034 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.1561 |
Thornburg Core Plus Backtested Returns
Currently, Thornburg Core Plus is very steady. Thornburg Core Plus owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0898, which indicates the etf had a 0.0898 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Thornburg Core Plus, which you can use to evaluate the volatility of the etf. Please validate Thornburg Core's Risk Adjusted Performance of 0.0323, semi deviation of 0.1321, and Coefficient Of Variation of 1211.5 to confirm if the risk estimate we provide is consistent with the expected return of 0.0176%. The entity has a beta of 0.0398, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg Core is expected to be smaller as well.
Auto-correlation | 0.51 |
Modest predictability
Thornburg Core Plus has modest predictability. Overlapping area represents the amount of predictability between Thornburg Core time series from 28th of October 2025 to 27th of November 2025 and 27th of November 2025 to 27th 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 Core Plus price movement. The serial correlation of 0.51 indicates that about 51.0% of current Thornburg Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thornburg Core Plus lagged returns against current returns
Autocorrelation, which is Thornburg Core 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 Core's etf expected returns. We can calculate the autocorrelation of Thornburg Core returns to help us make a trade decision. For example, suppose you find that Thornburg Core 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 Core 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 Core etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thornburg Core etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thornburg Core etf over time.
Current vs Lagged Prices |
| Timeline |
Thornburg Core Lagged Returns
When evaluating Thornburg Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thornburg Core etf have on its future price. Thornburg Core 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 Core autocorrelation shows the relationship between Thornburg Core etf current value and its past values and can show if there is a momentum factor associated with investing in Thornburg Core Plus.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Check out Thornburg Core Correlation, Thornburg Core Volatility and Thornburg Core Alpha and Beta module to complement your research on Thornburg Core. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Thornburg Core 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.