Thornburg E Growth Fund Momentum Indicators Rate of change

THIGX Fund  USD 37.37  0.33  0.88%   
Thornburg momentum indicators tool provides the execution environment for running the Rate of change indicator and other technical functions against Thornburg. Thornburg value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Rate of change indicator function is designed to identify and follow existing trends. Momentum indicators of Thornburg are pattern recognition functions that provide distinct formation on Thornburg potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Rate of change : ((price/prevPrice)-1)*100 indicator measures the change in Thornburg E Growth price from one period to the next.

Thornburg Technical Analysis Modules

Most technical analysis of Thornburg help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thornburg from various momentum indicators to cycle indicators. When you analyze Thornburg charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Thornburg Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thornburg E Growth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thornburg E Growth based on widely used predictive technical indicators. In general, we focus on analyzing Thornburg Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thornburg's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thornburg's intrinsic value. In addition to deriving basic predictive indicators for Thornburg, we also check how macroeconomic factors affect Thornburg price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
36.1637.4038.64
Details
Intrinsic
Valuation
LowRealHigh
35.5936.8338.07
Details
Naive
Forecast
LowNextHigh
35.7637.0038.24
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
37.1737.4837.79
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thornburg. Your research has to be compared to or analyzed against Thornburg's peers to derive any actionable benefits. When done correctly, Thornburg's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thornburg E Growth.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Money Managers Now

   

Money Managers

Screen money managers from public funds and ETFs managed around the world
All  Next Launch Module

Thornburg E Growth 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 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 will appreciate offsetting losses from the drop in the long position's value.

Thornburg Pair Trading

Thornburg E Growth Pair Trading Analysis

The ability to find closely correlated positions to Thornburg 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 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 - 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 E Growth to buy it.
The correlation of Thornburg 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 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thornburg E Growth 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 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.
Pair CorrelationCorrelation Matching

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.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing