Thornburg Strategic Competition

TSIIX Fund

USD 11.47 0.06 0.53%

Thornburg Strategic competes with Thornburg Value, Thornburg Value, Thornburg International, Thornburg International, and Thornburg International; as well as few others. The fund is listed under Multisector Bond category and is part of Thornburg family. Analyzing Thornburg Strategic competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Thornburg Strategic to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Thornburg Strategic Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Thornburg Strategic competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
11.29	11.47	11.65

Details

Intrinsic

Valuation

Low	Real	High
11.30	11.48	11.66

Details

Thornburg Strategic Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Thornburg Strategic and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Thornburg and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Thornburg Strategic does not affect the price movement of the other competitor.

	TVRRX	TVRFX	TGIRX	TGVAX	TGVIX	TGVRX	THCGX	THCRX	THDCX	THDAX
TVRRX		0.97	-0.82	-0.82	-0.82	-0.82	0.94	0.94	-0.29	-0.27	TVRRX
TVRFX	0.97		-0.83	-0.84	-0.83	-0.84	0.97	0.97	-0.31	-0.28	TVRFX
TGIRX	-0.82	-0.83		1.0	1.0	1.0	-0.76	-0.76	0.66	0.64	TGIRX
TGVAX	-0.82	-0.84	1.0		1.0	1.0	-0.77	-0.77	0.66	0.64	TGVAX
TGVIX	-0.82	-0.83	1.0	1.0		1.0	-0.76	-0.76	0.66	0.64	TGVIX
TGVRX	-0.82	-0.84	1.0	1.0	1.0		-0.77	-0.77	0.65	0.63	TGVRX
THCGX	0.94	0.97	-0.76	-0.77	-0.76	-0.77		1.0	-0.17	-0.15	THCGX
THCRX	0.94	0.97	-0.76	-0.77	-0.76	-0.77	1.0		-0.17	-0.15	THCRX
THDCX	-0.29	-0.31	0.66	0.66	0.66	0.65	-0.17	-0.17		1.0	THDCX
THDAX	-0.27	-0.28	0.64	0.64	0.64	0.63	-0.15	-0.15	1.0		THDAX
	TVRRX	TVRFX	TGIRX	TGVAX	TGVIX	TGVRX	THCGX	THCRX	THDCX	THDAX

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High positive correlations

TGVAX	+ 1.0	TGIRX
TGVIX	+ 1.0	TGIRX
TGVRX	+ 1.0	TGIRX
TGVIX	+ 1.0	TGVAX
TGVRX	+ 1.0	TGVAX
TGVRX	+ 1.0	TGVIX

High negative correlations

TGVRX	- 0.84	TVRFX
TGVAX	- 0.84	TVRFX
TGVIX	- 0.83	TVRFX
TGIRX	- 0.83	TVRFX
TGVRX	- 0.82	TVRRX
TGVIX	- 0.82	TVRRX

Risk-Adjusted Indicators

There is a big difference between Thornburg Mutual Fund performing well and Thornburg Strategic Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thornburg Strategic's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
TVRRX	0.80	0.19	0.18	0.67	0.48	(0.98)	2.08	(1.19)	6.23
TVRFX	0.80	0.08	0.14	0.16	0.51	(0.96)	2.08	(1.19)	6.23
TGIRX	0.64	(0.09)	0.00	(5.77)	0.00	0.00	1.40	(1.35)	7.02
TGVAX	0.64	(0.10)	0.00	(9.48)	0.00	0.00	1.41	(1.33)	7.23
TGVIX	0.64	(0.10)	0.00	(8.48)	0.00	0.00	1.39	(1.34)	6.99
TGVRX	0.64	(0.10)	0.00	(12.74)	0.00	0.00	1.42	(1.37)	7.17
THCGX	0.86	0.06	0.07	0.14	0.85	(0.91)	2.34	(1.57)	6.21
THCRX	0.86	0.06	0.07	0.14	0.85	(0.91)	2.36	(1.57)	6.21
THDCX	0.60	0.05	(0.04)	0.49	0.71	(0.65)	1.23	(1.29)	4.36
THDAX	0.60	0.05	(0.04)	0.51	0.69	(0.66)	1.25	(1.26)	4.34

Unable to evaluate fundamental data of [TVRRX, TVRFX, TGIRX, TGVAX, TGVIX, TGVRX, THCGX, THCRX, THDCX, THDAX] at this time. Please try again later

All Fundamental Data

Thornburg Strategic Competitive Analysis

The better you understand Thornburg Strategic competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Thornburg Strategic's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Thornburg Strategic's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	TSIIX	TVRRX	TVRFX	TGIRX	TGVAX	TGVIX	TGVRX	THCGX	THCRX	THDCX
	0.53 11.47 Thornburg	0.43 88.95 Thornburg	0.51 83.78 Thornburg	0.51 27.27 Thornburg	0.53 26.17 Thornburg	0.51 27.40 Thornburg	0.53 26.10 Thornburg	0.15 32.61 Thornburg	0.16 31.93 Thornburg	0.33 20.99 Thornburg
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Good	Good	Very Weak	Very Weak	Very Weak	Very Weak	Good	Good	Modest
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Under Valued	Under Valued	Over Valued	Over Valued	Fairly Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Buy	Strong Buy	Sell	Sell	Sell	Sell	Buy	Buy	Cautious Hold
Net Asset	6.57 B	1.01 B	1.01 B	4.48 B	2.53 B	2.53 B	4.48 B	293.93 M	714.18 M	1.09 B
Minimum Initial Investment	2.5 M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Price To Book	0.92	2.09	2.05	1.32	1.32	1.31	1.31	4.01	3.55	2.78
Five Year Return	3.69	9.1	8.93	9.09	8.58	8.87	8.37	6.37	6.49	0.73
One Year Return	7.8	34.31	37.14	20.01	19.47	20.08	19.23	33.42	34.91	13.21
Last Dividend Paid	0.04	0.43	0.14	N/A	N/A	N/A	N/A	N/A	N/A	0.05
Price To Earning	8.68	1.61	1.5	1.97	1.89	1.94	1.89	1.11	1.1	19.45
Price To Sales	N/A	1.54	1.53	1.06	1.06	1.06	1.06	3.38	2.95	2.32
Cash Position Weight	9.73	1.67	1.67	8.95	8.95	8.95	8.95	1.45	1.45	3.63
Equity Positions Weight	0.17	98.33	98.33	91.06	91.06	91.06	91.06	98.55	98.55	96.37
Three Year Return	2.39	6.28	6.72	4.23	3.74	4.81	3.54	-0.0413	-0.0417	-6.23
Annual Yield	0.0498	N/A	N/A	0.0189	0.016	0.0173	0.0139	N/A	N/A	0.0059
Year To Date Return	6.03	27.32	28.55	16.35	15.84	16.13	15.65	24.17	25.58	7.65
Bond Positions Weight	86.98	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Ten Year Return	5.74	9.13	8.74	5.32	4.9	5.28	4.72	13.25	13.14	4.19
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	11.47	88.95	83.78	27.27	26.17	27.4	26.1	32.61	31.93	20.99
Period Momentum Indicator	0.06	(0.38)	(0.43)	(0.14)	(0.14)	(0.14)	(0.14)	(0.05)	(0.05)	(0.07)
Rate Of Daily Change	1.01	1.0	0.99	0.99	0.99	0.99	0.99	1.0	1.0	1.0
Day Median Price	11.47	88.95	83.78	27.27	26.17	27.4	26.1	32.61	31.93	20.99
Price Action Indicator	0.03	(0.19)	(0.21)	(0.07)	(0.07)	(0.07)	(0.07)	(0.03)	(0.03)	(0.04)
Coefficient Of Variation	(1,403)	462.29	522.59	(1,134)	(1,085)	(1,123)	(1,073)	653.43	653.49	1156.83
Mean Deviation	0.1369	0.8049	0.7954	0.636	0.6393	0.6356	0.6378	0.8618	0.8634	0.6035
Jensen Alpha	(0.02)	0.1927	0.0828	(0.09)	(0.1)	(0.1)	(0.10)	0.0565	0.0565	0.0466
Total Risk Alpha	(0.05)	0.0889	0.0617	(0.21)	(0.22)	(0.21)	(0.22)	0.0235	0.0235	(0.04)
Sortino Ratio	N/A	0.1757	0.14	N/A	N/A	N/A	N/A	0.0708	0.0707	(0.04)
Downside Variance	N/A	0.5665	0.556	N/A	N/A	N/A	N/A	1.22	1.23	0.6257
Standard Deviation	0.1823	1.07	1.07	0.9464	0.9611	0.9445	0.9584	1.17	1.17	0.7766
Kurtosis	0.4416	4.45	4.72	7.25	8.2	7.16	8.11	1.35	1.32	0.8425
Potential Upside	0.346	2.08	2.08	1.4	1.41	1.39	1.42	2.34	2.36	1.23
Treynor Ratio	(1.38)	0.6746	0.1569	(5.77)	(9.48)	(8.48)	(12.74)	0.1357	0.1356	0.4904
Maximum Drawdown	0.7876	6.23	6.23	7.02	7.23	6.99	7.17	6.21	6.21	4.36
Variance	0.0332	1.15	1.14	0.8957	0.9237	0.8921	0.9185	1.36	1.36	0.6031
Market Risk Adjusted Performance	(1.37)	0.6846	0.1669	(5.76)	(9.47)	(8.47)	(12.73)	0.1457	0.1456	0.5004
Risk Adjusted Performance	(0.08)	0.1601	0.142	(0.06)	(0.06)	(0.06)	(0.07)	0.1147	0.1147	0.0633
Skewness	(0.08)	1.42	1.5	(1.28)	(1.45)	(1.26)	(1.44)	0.4885	0.4726	(0.20)
Semi Deviation	N/A	0.4823	0.5053	N/A	N/A	N/A	N/A	0.8458	0.8493	0.7056
Information Ratio	(0.62)	0.1231	0.0977	(0.19)	(0.20)	(0.20)	(0.20)	0.0671	0.0672	(0.04)
Value At Risk	(0.35)	(1.19)	(1.19)	(1.35)	(1.33)	(1.34)	(1.37)	(1.57)	(1.57)	(1.29)
Expected Short fall	N/A	(0.98)	(0.96)	N/A	N/A	N/A	N/A	(0.91)	(0.91)	(0.65)
Downside Deviation	N/A	0.7526	0.7456	N/A	N/A	N/A	N/A	1.1	1.11	0.791
Semi Variance	N/A	0.2326	0.2553	N/A	N/A	N/A	N/A	0.7154	0.7213	0.4979

Thornburg Strategic Competition Performance Charts

Five steps to successful analysis of Thornburg Strategic Competition

Thornburg Strategic's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Thornburg Strategic in relation to its competition. Thornburg Strategic's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Thornburg Strategic in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Thornburg Strategic's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Thornburg Strategic, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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.

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Companies that are involved in the building and marketing of video games or gaming software. The Video Games theme has 24 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 Video Games Theme or any other thematic opportunities.

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Other Information on Investing in Thornburg Mutual Fund

Thornburg Strategic 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 Strategic security.

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