Thornburg Strategic Price To Earning vs. Cash Position Weight
| TSIAX Fund | USD 11.52 0.03 0.26% |
For Thornburg Strategic profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thornburg Strategic to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thornburg Strategic Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thornburg Strategic's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thornburg Strategic Income over time as well as its relative position and ranking within its peers.
Thornburg |
Thornburg Strategic Cash Position Weight vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thornburg Strategic's current stock value. Our valuation model uses many indicators to compare Thornburg Strategic value to that of its competitors to determine the firm's financial worth. Thornburg Strategic Income is rated top fund in price to earning among similar funds. It also is rated top fund in cash position weight among similar funds creating about 1.36 of Cash Position Weight per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thornburg Strategic's earnings, one of the primary drivers of an investment's value.Thornburg Cash Position Weight vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Thornburg Strategic |
| = | 9.23 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Thornburg Strategic |
| = | 12.51 % |
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Thornburg Cash Position Weight Comparison
Thornburg Strategic is currently under evaluation in cash position weight among similar funds.
Thornburg Strategic Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thornburg Strategic, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thornburg Strategic will eventually generate negative long term returns. The profitability progress is the general direction of Thornburg Strategic's change in net profit over the period of time. It can combine multiple indicators of Thornburg Strategic, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund pursues its investment goals by investing in a broad range of income-producing investments from throughout the world, primarily including debt obligations. The manager expects, under normal conditions, to invest a majority of its assets in the debt obligations. The fund may invest in debt obligations of any kind, of any quality, and of any maturity.
Thornburg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thornburg Strategic. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Thornburg Strategic position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Thornburg Strategic's important profitability drivers and their relationship over time.
Use Thornburg Strategic in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thornburg Strategic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thornburg Strategic will appreciate offsetting losses from the drop in the long position's value.Thornburg Strategic Pair Trading
Thornburg Strategic Income Pair Trading Analysis
The ability to find closely correlated positions to Thornburg Strategic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thornburg Strategic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thornburg Strategic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thornburg Strategic Income to buy it.
The correlation of Thornburg Strategic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thornburg Strategic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thornburg Strategic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thornburg Strategic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Thornburg Strategic position
In addition to having Thornburg Strategic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Chemicals Makers Thematic Idea Now
Chemicals Makers
Companies developing chemicals for crops, soil as well as human, and animals. The Chemicals Makers theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Makers Theme or any other thematic opportunities.
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Other Information on Investing in Thornburg Mutual Fund
To fully project Thornburg Strategic's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thornburg Strategic at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Thornburg Strategic's income statement, its balance sheet, and the statement of cash flows.
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