Thornburg Investment Income Fund Price on March 25, 2024
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 -0.0678, which indicates the fund had a -0.0678% return per unit of risk over the last 3 months. Thornburg Investment Income exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thornburg Investment's Risk Adjusted Performance of (0.05), variance of 0.2325, and Coefficient Of Variation of (1,475) 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.
Thornburg |
Sharpe Ratio = -0.0678
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TIBIX |
Estimated Market Risk
| 0.48 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Thornburg Investment Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
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.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.8486 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Tools for Thornburg Mutual Fund
When running Thornburg Investment's price analysis, check to measure Thornburg Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thornburg Investment is operating at the current time. Most of Thornburg Investment's value examination focuses on studying past and present price action to predict the probability of Thornburg Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thornburg Investment's price. Additionally, you may evaluate how the addition of Thornburg Investment to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Transaction History View history of all your transactions and understand their impact on performance |