Thornburg E Growth Fund Price on December 4, 2024
| THGRX Fund | USD 38.18 0.37 0.98% |
Below is the normalized historical share price chart for Thornburg E Growth extending back to October 04, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thornburg stands at 38.18, as last reported on the 17th of December 2024, with the highest price reaching 38.18 and the lowest price hitting 38.18 during the day.
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Thornburg Mutual Fund to be very steady. Thornburg E Growth owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thornburg E Growth, which you can use to evaluate the volatility of the fund. Please validate Thornburg's Coefficient Of Variation of 656.1, risk adjusted performance of 0.1139, and Semi Deviation of 0.8469 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.1552
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Thornburg is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thornburg by adding it to a well-diversified portfolio.
Thornburg Valuation on December 4, 2024
It is possible to determine the worth of Thornburg on a given historical date. On December 4, 2024 Thornburg was worth 38.67 at the beginning of the trading date compared to the closed value of 38.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thornburg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg's related companies.
| Open | High | Low | Close | Volume | |
| 38.33 | 38.33 | 38.33 | 38.33 | 1.00 | |
12/04/2024 | 38.67 | 38.67 | 38.67 | 38.67 | 1.00 |
| 38.34 | 38.34 | 38.34 | 38.34 | 1.00 |
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Thornburg Trading Date Momentum on December 4, 2024
| On December 05 2024 Thornburg E Growth was traded for 38.34 at the closing time. The highest daily price throughout the period was 38.34 and the lowest price was 38.34 . There was no trading activity during the period 1.0. Lack of trading volume on 12/05/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.85% . The trading price change to current closing price is 1.27% . |
Thornburg E Growth Fundamentals Correlations and Trends
By evaluating Thornburg's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thornburg's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thornburg financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thornburg Mutual Fund history
Thornburg investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thornburg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thornburg E Growth will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thornburg stock prices may prove useful in developing a viable investing in Thornburg
Under normal conditions, the fund invests at least 80 percent of its net assets in small- and mid-capitalization companies. The advisor expects to invest primarily in domestic common stocks. However, the fund may own foreign common stocks which, in the opinion of the funds investment advisor, Thornburg Investment Management, Inc. , offer prospects for meeting the funds investment goal.
Thornburg Mutual Fund Technical Analysis
Thornburg technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Thornburg Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Thornburg E Growth cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thornburg December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thornburg shares will generate the highest return on investment. By undertsting and applying Thornburg mutual fund market strength indicators, traders can identify Thornburg E Growth entry and exit signals to maximize returns
Thornburg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg's price direction in advance. Along with the technical and fundamental analysis of Thornburg Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thornburg to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1139 | |||
| Jensen Alpha | 0.0749 | |||
| Total Risk Alpha | 0.046 | |||
| Sortino Ratio | 0.0834 | |||
| Treynor Ratio | 0.1362 |
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| Volume Indicators |
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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |