Thornburg Global Opportunities Fund Analysis
THOAX Fund | USD 37.33 0.02 0.05% |
Thornburg Global Opportunities is fairly valued with Real Value of 37.6 and Hype Value of 37.32. The main objective of Thornburg Global fund analysis is to determine its intrinsic value, which is an estimate of what Thornburg Global Opportunities is worth, separate from its market price. There are two main types of Thornburg Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Thornburg Global Opportunities. On the other hand, technical analysis, focuses on the price and volume data of Thornburg Mutual Fund to identify patterns and trends that may indicate its future price movements.
The Thornburg Global mutual fund is traded in the USA on NMFQS Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Thornburg Mutual Fund Analysis Notes
The fund generated five year return of 11.0%. Thornburg Global Opp maintains 96.29% of assets in stocks. Large Value To find out more about Thornburg Global Opportunities contact the company at 800-847-0200.Thornburg Global Opp Investment Alerts
Thornburg Global Opp generated a negative expected return over the last 90 days | |
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The fund maintains 96.29% of its assets in stocks |
Thornburg Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thornburg Global's market, we take the total number of its shares issued and multiply it by Thornburg Global's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Top Thornburg Global Opportunities Mutual Fund Constituents
TMUS | T Mobile | Stock | |
CF | CF Industries Holdings | Stock | |
GOOGL | Alphabet Inc Class A | Stock | |
QRVO | Qorvo Inc | Stock | |
NN | Nextnav Acquisition Corp | Stock | |
ABBV | AbbVie Inc | Stock | |
GDS | GDS Holdings | Stock | |
COF | Capital One Financial | Stock | |
C | Citigroup | Stock | |
BIDU | Baidu Inc | Stock | |
BABA | Alibaba Group Holding | Stock | |
KHC | Kraft Heinz Co | Stock | |
WYNN | Wynn Resorts Limited | Stock | |
WBA | Walgreens Boots Alliance | Stock |
Technical Drivers
As of the 27th of November, Thornburg Global has the Variance of 0.5049, coefficient of variation of (1,394), and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thornburg Global Opp, as well as the relationship between them.Thornburg Global Opp Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Thornburg Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Thornburg Global Opp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Thornburg Global Outstanding Bonds
Thornburg Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Thornburg Global Opp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Thornburg bonds can be classified according to their maturity, which is the date when Thornburg Global Opportunities has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Thornburg Global Predictive Daily Indicators
Thornburg Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Thornburg Global mutual fund daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 37.33 | |||
Day Typical Price | 37.33 | |||
Price Action Indicator | 0.01 | |||
Period Momentum Indicator | 0.02 | |||
Relative Strength Index | 35.92 |
Thornburg Global Forecast Models
Thornburg Global's time-series forecasting models are one of many Thornburg Global's mutual fund analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Thornburg Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Thornburg Mutual Fund Analysis
Mutual Fund analysis is the technique used by a trader or investor to examine and evaluate how Thornburg Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Thornburg shares will generate the highest return on investment. We also built our fund analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Fund such as Thornburg Global. By using and applying Thornburg Mutual Fund analysis, traders can create a robust methodology for identifying Thornburg entry and exit points for their positions.
The fund pursues its investment goal by investing primarily in a broad range of equity securities, including common stocks, preferred stocks and publicly traded real estate investment trusts. It may invest in any stock or other equity security which its investment advisor, Thornburg Investment Management, Inc. , believes may assist The fund invests in pursuing its goal, including smaller companies with market capitalizations of less than 500 million.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our mutual fund analysis tools, you can find out how much better you can do when adding Thornburg Global to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Thornburg Mutual Fund
Thornburg Global 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 Global security.
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