Thornburg Investment Income Fund Probability of Future Mutual Fund Price Finishing Over 24.41

TIBMX Fund  USD 26.06  0.29  1.13%   
Thornburg Investment's future price is the expected price of Thornburg Investment instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Thornburg Investment Income performance during a given time horizon utilizing its historical volatility. Check out Thornburg Investment Backtesting, Portfolio Optimization, Thornburg Investment Correlation, Thornburg Investment Hype Analysis, Thornburg Investment Volatility, Thornburg Investment History as well as Thornburg Investment Performance.
  
Please specify Thornburg Investment's target price for which you would like Thornburg Investment odds to be computed.

Thornburg Investment Target Price Odds to finish over 24.41

The tendency of Thornburg Mutual Fund 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 PriceHorizonTarget PriceOdds to stay above $ 24.41  in 90 days
 26.06 90 days 24.41 
close to 99
Based on a normal probability distribution, the odds of Thornburg Investment to stay above $ 24.41  in 90 days from now is close to 99 (This Thornburg Investment Income probability density function shows the probability of Thornburg Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Thornburg Investment price to stay between $ 24.41  and its current price of $26.06 at the end of the 90-day period is about 20.65 .
Assuming the 90 days horizon Thornburg Investment has a beta of 0.26. This usually implies as returns on the market go up, Thornburg Investment average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thornburg Investment Income will be expected to be much smaller as well. Additionally Thornburg Investment Income 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 Investment Price Density   
       Price  

Predictive Modules for Thornburg Investment

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 Investment. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund 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.
Hype
Prediction
LowEstimatedHigh
25.5826.0626.54
Details
Intrinsic
Valuation
LowRealHigh
25.6626.1426.62
Details
Naive
Forecast
LowNextHigh
25.4725.9526.43
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.7525.9626.18
Details

Thornburg Investment Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Thornburg Investment is not an exception. The market had few large corrections towards the Thornburg Investment'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 Investment Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Thornburg Investment within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.05
β
Beta against Dow Jones0.26
σ
Overall volatility
0.44
Ir
Information ratio -0.25

Thornburg Investment 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 Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Thornburg Investment 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 Investment generated a negative expected return over the last 90 days
The fund maintains about 6.01% of its assets in cash

Thornburg Investment Technical Analysis

Thornburg Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Thornburg Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thornburg Investment Income. In general, you should focus on analyzing Thornburg Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Thornburg Investment Predictive Forecast Models

Thornburg Investment's time-series forecasting models is one of many Thornburg Investment's mutual fund 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 Investment'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 mutual fund market movement and maximize returns from investment trading.

Things to note about Thornburg Investment

Checking the ongoing alerts about Thornburg Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thornburg Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Thornburg Investment generated a negative expected return over the last 90 days
The fund maintains about 6.01% of its assets in cash

Other Information on Investing in Thornburg Mutual Fund

Thornburg Investment 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 Investment security.
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