Thornburg International Growth Etf Market Value
| TXUG Etf | 24.44 0.02 0.08% |
| Symbol | Thornburg |
The market value of Thornburg International 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 International's value that differs from its market value or its book value, called intrinsic value, which is Thornburg International'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 International's market value can be influenced by many factors that don't directly affect Thornburg International'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 International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg International'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 International '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 International'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 International.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in Thornburg International on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding Thornburg International Growth or generate 0.0% return on investment in Thornburg International over 30 days. Thornburg International is related to or competes with SanJac Alpha, Tidal Trust, ProShares, Themes Infrastructure, Defiance Daily, First Trust, and One One. Thornburg International is entity of United States More
Thornburg International 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 International'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 International Growth upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 3.25 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 1.12 |
Thornburg International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thornburg International's standard deviation. In reality, there are many statistical measures that can use Thornburg International historical prices to predict the future Thornburg International's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.22) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thornburg International'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.
Thornburg International Backtested Returns
Thornburg International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0598, which indicates the etf had a -0.0598 % return per unit of risk over the last 3 months. Thornburg International Growth exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg International's Variance of 0.6979, coefficient of variation of (1,088), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 0.071, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg International is expected to be smaller as well.
Auto-correlation | -0.37 |
Poor reverse predictability
Thornburg International Growth has poor reverse predictability. Overlapping area represents the amount of predictability between Thornburg International time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th 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 International price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Thornburg International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Thornburg International lagged returns against current returns
Autocorrelation, which is Thornburg International 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 International's etf expected returns. We can calculate the autocorrelation of Thornburg International returns to help us make a trade decision. For example, suppose you find that Thornburg International 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 International 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 International etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thornburg International etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thornburg International etf over time.
Current vs Lagged Prices |
| Timeline |
Thornburg International Lagged Returns
When evaluating Thornburg International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thornburg International etf have on its future price. Thornburg International 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 International autocorrelation shows the relationship between Thornburg International etf current value and its past values and can show if there is a momentum factor associated with investing in Thornburg International Growth.
Regressed Prices |
| Timeline |
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Check out Thornburg International Correlation, Thornburg International Volatility and Thornburg International Alpha and Beta module to complement your research on Thornburg International. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Thornburg International 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.