Thornburg Summit Fund Manager Performance Evaluation
| TSAMX Fund | USD 12.97 0.17 1.29% |
The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thornburg Summit are expected to decrease at a much lower rate. During the bear market, Thornburg Summit is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Thornburg Summit has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, Thornburg Summit is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Thornburg Summit Relative Risk vs. Return Landscape
If you would invest 1,316 in Thornburg Summit on December 11, 2024 and sell it today you would lose (19.00) from holding Thornburg Summit or give up 1.44% of portfolio value over 90 days. Thornburg Summit is currently producing negative expected returns and takes up 0.5872% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Thornburg, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thornburg Summit Current Valuation
Fairly Valued
Today
Please note that Thornburg Summit's price fluctuation is very steady at this time. Based on Macroaxis valuation methodology, the fund is fairly valued. Thornburg Summit has a current Real Value of $13.0 per share. The regular price of the fund is $12.97. Our model measures the value of Thornburg Summit from inspecting the fund technical indicators and probability of bankruptcy. In general, investors 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 Summit is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg Summit'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 12.97 | Real 13.0 | Hype 12.97 |
The intrinsic value of Thornburg Summit'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 Summit'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 Summit 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 Summit more accurately as focusing exclusively on Thornburg Summit's fundamentals will not take into account other important factors: Thornburg Summit Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg Summit's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg Summit, and traders can use it to determine the average amount a Thornburg Summit'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 = -0.0391
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| Negative Returns | TSAMX |
Estimated Market Risk
| 0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thornburg Summit is not performing at its full potential. However, 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 Summit by adding Thornburg Summit to a well-diversified portfolio.
Thornburg Summit Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg Summit, and Thornburg Summit 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.
About Thornburg Summit Performance
Evaluating Thornburg Summit's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thornburg Summit 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 Summit 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.
The funds investments are expected to emphasize long positions in equity securities and fixed income obligations, though the fund may also invest a significant amount of its assets in short positions. There are no specific percentage limitations on the amount of the funds portfolio that may be invested in a particular asset class, and the proportions of the funds assets that are invested in the respective asset classes are expected to vary over time and from time to time depending upon Thornburgs perceptions of which types of investments represent better values and opportunities.Things to note about Thornburg Summit performance evaluation
Checking the ongoing alerts about Thornburg Summit for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg Summit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thornburg Summit generated a negative expected return over the last 90 days | |
| The fund maintains all of the assets in different exotic instruments |
- Analyzing Thornburg Summit'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 Summit's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg Summit'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 Summit's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg Summit's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg Summit's mutual fund. These opinions can provide insight into Thornburg Summit's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thornburg Mutual Fund
Thornburg Summit 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 Summit security.
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