Thornburg Income Builder Stock Probability of Future Stock Price Finishing Under 11.80
| TBLD Stock | USD 16.75 0.01 0.06% |
Thornburg |
Thornburg Income Target Price Odds to finish below 11.80
The tendency of Thornburg Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 11.80 or more in 90 days |
| 16.75 | 90 days | 11.80 | near 1 |
Based on a normal probability distribution, the odds of Thornburg Income to drop to $ 11.80 or more in 90 days from now is near 1 (This Thornburg Income Builder probability density function shows the probability of Thornburg Stock to fall within a particular range of prices over 90 days) . Probability of Thornburg Income Builder price to stay between $ 11.80 and its current price of $16.75 at the end of the 90-day period is about 15.0 .
Given the investment horizon of 90 days Thornburg Income has a beta of 0.14. This usually implies as returns on the market go up, Thornburg Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thornburg Income Builder will be expected to be much smaller as well. Additionally Thornburg Income Builder has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Thornburg Income Price Density |
| Price |
Predictive Modules for Thornburg Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Thornburg Income Builder. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Thornburg Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Thornburg Income is not an exception. The market had few large corrections towards the Thornburg Income's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Thornburg Income Builder, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thornburg Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 0.29 | |
Ir | Information ratio | -0.15 |
Thornburg Income Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Thornburg Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thornburg Income Builder can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Thornburg Income generated a negative expected return over the last 90 days | |
| Thornburg Income is unlikely to experience financial distress in the next 2 years | |
| On 20th of November 2024 Thornburg Income paid $ 0.1042 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Thornburg Income Builder Opportunities Trust declares 0.1042 dividend |
Thornburg Income Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Thornburg Stock often depends not only on the future outlook of the current and potential Thornburg Income's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Thornburg Income's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32 M | |
| Dividend Yield | 0.0882 | |
| Cash And Short Term Investments | 445.8 K |
Thornburg Income Technical Analysis
Thornburg Income's future price can be derived by breaking down and analyzing its technical indicators over time. Thornburg Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thornburg Income Builder. In general, you should focus on analyzing Thornburg Stock price patterns and their correlations with different microeconomic environments and drivers.
Thornburg Income Predictive Forecast Models
Thornburg Income's time-series forecasting models is one of many Thornburg Income's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Thornburg Income'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 stock market movement and maximize returns from investment trading.
Things to note about Thornburg Income Builder
Checking the ongoing alerts about Thornburg Income for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thornburg Income Builder help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Thornburg Income generated a negative expected return over the last 90 days | |
| Thornburg Income is unlikely to experience financial distress in the next 2 years | |
| On 20th of November 2024 Thornburg Income paid $ 0.1042 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Thornburg Income Builder Opportunities Trust declares 0.1042 dividend |
Check out Thornburg Income Backtesting, Thornburg Income Valuation, Thornburg Income Correlation, Thornburg Income Hype Analysis, Thornburg Income Volatility, Thornburg Income History as well as Thornburg Income Performance. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thornburg Income. If investors know Thornburg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 3.69 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.