Thornburg E Growth Fund Manager Performance Evaluation
| THGRX Fund | USD 37.63 0.32 0.86% |
The entity has a beta of 1.34, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Thornburg will likely underperform.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Thornburg E Growth are ranked lower than 8 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Thornburg may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio | 0.9500 |
Thornburg |
Thornburg Relative Risk vs. Return Landscape
If you would invest 3,473 in Thornburg E Growth on August 26, 2024 and sell it today you would earn a total of 290.00 from holding Thornburg E Growth or generate 8.35% return on investment over 90 days. Thornburg E Growth is currently producing 0.131% returns and takes up 1.2362% volatility of returns over 90 trading days. Put another way, 11% of traded mutual funds are less volatile than Thornburg, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thornburg Current Valuation
Overvalued
Today
Please note that Thornburg's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Thornburg E Growth has a current Real Value of $36.75 per share. The regular price of the fund is $37.63. We determine the value of Thornburg E Growth from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Thornburg is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 37.63 | Real 36.75 | Hype 35.59 | Naive 37.12 |
The intrinsic value of Thornburg's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Thornburg's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Thornburg E Growth helps investors to forecast how Thornburg mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thornburg more accurately as focusing exclusively on Thornburg's fundamentals will not take into account other important factors: Thornburg Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg E Growth, and traders can use it to determine the average amount a Thornburg's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1059
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | THGRX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Thornburg is performing at about 8% 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 by adding it to a well-diversified portfolio.
Thornburg Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg, and Thornburg fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thornburg Mutual Fund performance.
| Price To Earning | 1.29 X | ||||
| Price To Book | 3.55 X | ||||
| Price To Sales | 2.95 X | ||||
| Total Asset | 730.06 M | ||||
About Thornburg Performance
Evaluating Thornburg's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thornburg has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thornburg has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal conditions, the fund invests at least 80 percent of its net assets in small- and mid-capitalization companies. The advisor expects to invest primarily in domestic common stocks. However, the fund may own foreign common stocks which, in the opinion of the funds investment advisor, Thornburg Investment Management, Inc. , offer prospects for meeting the funds investment goal.Things to note about Thornburg E Growth performance evaluation
Checking the ongoing alerts about Thornburg for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg E Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Should You Add These 3 Top-Performing Mutual Funds to Your Portfolio - MSN | |
| The fund generated three year return of -5.0% | |
| Thornburg E Growth maintains 98.55% of its assets in stocks |
- Analyzing Thornburg's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thornburg's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thornburg's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg's mutual fund. These opinions can provide insight into Thornburg's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thornburg Mutual Fund
Thornburg 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 security.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |