Thornburg Investment Income Fund Price on September 26, 2023

TIBGX Fund  USD 25.91  0.29  1.13%   
Below is the normalized historical share price chart for Thornburg Investment Income extending back to February 01, 2008. 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 Investment stands at 25.91, as last reported on the 15th of December 2024, with the highest price reaching 25.91 and the lowest price hitting 25.91 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Thornburg Mutual Fund, it is important to understand the factors that can impact its price. Thornburg Investment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0736, which indicates the fund had a -0.0736% return per unit of risk over the last 3 months. Thornburg Investment Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg Investment's Variance of 0.227, coefficient of variation of (2,408), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0736

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Estimated Market Risk

 0.47
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thornburg Investment is not performing at its full potential. However, 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 Investment by adding Thornburg Investment to a well-diversified portfolio.

Thornburg Investment Valuation on September 26, 2023

It is possible to determine the worth of Thornburg Investment on a given historical date. On September 26, 2023 Thornburg was worth 21.52 at the beginning of the trading date compared to the closed value of 21.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Investment mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Investment'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 Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Investment's related companies.
 Open High Low Close Volume
  21.68    21.68    21.68    21.68    1.00  
09/26/2023
  21.52    21.52    21.52    21.52    1.00  
  21.32    21.32    21.32    21.32    1.00  
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Open Value
21.52
21.52
Closing Value
22.94
Upside

Thornburg Investment Trading Date Momentum on September 26, 2023

On September 27 2023 Thornburg Investment Income was traded for  21.32  at the closing time. The highest daily price throughout the period was 21.32  and the lowest price was  21.32 . There was no trading activity during the period 1.0. Lack of trading volume on 09/27/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.93% . The trading price change to current closing price is 1.44% .

Thornburg Investment Fundamentals Correlations and Trends

By evaluating Thornburg Investment'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 Investment'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 Investment Mutual Fund history

Thornburg Investment 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 Investment 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 Investment stock prices may prove useful in developing a viable investing in Thornburg Investment
The fund pursues its investment goals by investing in a broad range of income producing securities, primarily including stocks and bonds. It will under normal conditions invest at least 80 percent of its net assets in income-producing securities, and at least 50 percent of its net assets in common stocks.

Thornburg Investment Mutual Fund Technical Analysis

Thornburg Investment 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.
A focus of Thornburg Investment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thornburg Investment trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Thornburg Investment Period Price Range

Low
December 15, 2024
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High

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Thornburg Investment Income 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 Investment December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Thornburg Investment 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 Investment shares will generate the highest return on investment. By undertsting and applying Thornburg Investment mutual fund market strength indicators, traders can identify Thornburg Investment Income entry and exit signals to maximize returns

Thornburg Investment Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Thornburg Investment'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.

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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