Thornburg New Mexico Fund Price History
THNIX Fund | USD 12.36 0.01 0.08% |
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Thornburg New stands at 12.36, as last reported on the 31st of January, with the highest price reaching 12.36 and the lowest price hitting 12.36 during the day. At this stage we consider Thornburg Mutual Fund to be very steady. Thornburg New Mexico owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0317, which indicates the fund had a 0.0317 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thornburg New Mexico, which you can use to evaluate the volatility of the fund. Please validate Thornburg New's Risk Adjusted Performance of (0.01), coefficient of variation of 3158.8, and Semi Deviation of 0.1536 to confirm if the risk estimate we provide is consistent with the expected return of 0.0056%.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.0317
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Estimated Market Risk
0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Thornburg New is performing at about 2% of its full potential. 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 New by adding it to a well-diversified portfolio.
Thornburg New Mutual Fund Price History Chart
There are several ways to analyze Thornburg New Mexico Fund price data. The simplest method is using a basic Thornburg candlestick price chart, which shows Thornburg New price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | December 3, 2024 | 12.44 |
Lowest Price | January 14, 2025 | 12.23 |
Thornburg New January 31, 2025 Mutual Fund Price Synopsis
Various analyses of Thornburg New's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Thornburg Mutual Fund. It can be used to describe the percentage change in the price of Thornburg New from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Thornburg Mutual Fund.Thornburg New Price Rate Of Daily Change | 1.00 |
Thornburg New January 31, 2025 Mutual Fund Price Analysis
Thornburg Mutual Fund Price History Data
The price series of Thornburg New for the period between Sat, Nov 2, 2024 and Fri, Jan 31, 2025 has a statistical range of 0.21 with a coefficient of variation of 0.46. The price distribution for the period has arithmetic mean of 12.33. The median price for the last 90 days is 12.33. The company had dividends distributed to its stock-holders on 30th of September 2021.Open | High | Low | Close | Volume | ||
01/31/2025 | 12.36 | 12.36 | 12.36 | 12.36 | ||
01/30/2025 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
01/29/2025 | 12.35 | 12.35 | 12.35 | 12.35 | 1.00 | |
01/28/2025 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
01/27/2025 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
01/24/2025 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
01/23/2025 | 12.31 | 12.31 | 12.31 | 12.31 | 1.00 | |
01/22/2025 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
01/21/2025 | 12.30 | 12.30 | 12.30 | 12.30 | 1.00 | |
01/17/2025 | 12.28 | 12.28 | 12.28 | 12.28 | 1.00 | |
01/16/2025 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
01/15/2025 | 12.24 | 12.24 | 12.24 | 12.24 | 1.00 | |
01/14/2025 | 12.23 | 12.23 | 12.23 | 12.23 | 1.00 | |
01/13/2025 | 12.24 | 12.24 | 12.24 | 12.24 | 1.00 | |
01/10/2025 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
01/08/2025 | 12.28 | 12.28 | 12.28 | 12.28 | 1.00 | |
01/07/2025 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
01/06/2025 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
01/03/2025 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
01/02/2025 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
12/31/2024 | 12.31 | 12.31 | 12.31 | 12.31 | 1.00 | |
12/30/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
12/27/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
12/26/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
12/24/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
12/23/2024 | 12.26 | 12.26 | 12.26 | 12.26 | 1.00 | |
12/20/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
12/19/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
12/18/2024 | 12.35 | 12.35 | 12.35 | 12.35 | 1.00 | |
12/17/2024 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
12/16/2024 | 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
12/13/2024 | 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
12/12/2024 | 12.38 | 12.38 | 12.38 | 12.38 | 1.00 | |
12/11/2024 | 12.42 | 12.42 | 12.42 | 12.42 | 1.00 | |
12/10/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
12/09/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
12/06/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
12/05/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
12/04/2024 | 12.44 | 12.44 | 12.44 | 12.44 | 1.00 | |
12/03/2024 | 12.44 | 12.44 | 12.44 | 12.44 | 1.00 | |
12/02/2024 | 12.43 | 12.43 | 12.43 | 12.43 | 1.00 | |
11/29/2024 | 12.42 | 12.42 | 12.42 | 12.42 | 1.00 | |
11/27/2024 | 12.39 | 12.39 | 12.39 | 12.39 | 1.00 | |
11/26/2024 | 12.37 | 12.37 | 12.37 | 12.37 | 1.00 | |
11/25/2024 | 12.36 | 12.36 | 12.36 | 12.36 | 1.00 | |
11/22/2024 | 12.34 | 12.34 | 12.34 | 12.34 | 1.00 | |
11/21/2024 | 12.34 | 12.34 | 12.34 | 12.34 | 1.00 | |
11/20/2024 | 12.34 | 12.34 | 12.34 | 12.34 | 1.00 | |
11/19/2024 | 12.34 | 12.34 | 12.34 | 12.34 | 1.00 | |
11/18/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
11/15/2024 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
11/14/2024 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
11/13/2024 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
11/12/2024 | 12.33 | 12.33 | 12.33 | 12.33 | 1.00 | |
11/11/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
11/08/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
11/07/2024 | 12.27 | 12.27 | 12.27 | 12.27 | 1.00 | |
11/06/2024 | 12.25 | 12.25 | 12.25 | 12.25 | 1.00 | |
11/05/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
11/04/2024 | 12.32 | 12.32 | 12.32 | 12.32 | 1.00 | |
11/01/2024 | 12.30 | 12.30 | 12.30 | 12.30 | 1.00 |
About Thornburg New Mutual Fund history
Thornburg New investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thornburg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thornburg New Mexico will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thornburg New stock prices may prove useful in developing a viable investing in Thornburg New
The fund pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by the State of New Mexico and its agencies, and by New Mexico local governments and their agencies. Thornburg New is traded on NASDAQ Exchange in the United States.
Thornburg New Mutual Fund Technical Analysis
Thornburg New technical mutual fund 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, fund market cycles, or different charting patterns.
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Thornburg New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg New's price direction in advance. Along with the technical and fundamental analysis of Thornburg Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thornburg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.37) | |||
Treynor Ratio | 0.2078 |
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Pattern Recognition | ||
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Volume Indicators |
Other Information on Investing in Thornburg Mutual Fund
Thornburg New 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 New security.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |