AbbVie cuts 2024 profit forecast on acquisition expenses
| TIBRX Fund | USD 26.47 0.07 0.27% |
Slightly above 54% of Thornburg Investment's investor base is interested to short. The analysis of overall sentiment of trading Thornburg Investment Income mutual fund suggests that many investors are impartial at this time. Thornburg Investment's investing sentiment can be driven by a variety of factors including economic data, Thornburg Investment's earnings reports, geopolitical events, and overall market trends.
Thornburg |
AbbVie lowered its 2024 adjusted profit forecast on Monday as the drugmaker incurred 1.6 billion in acquisition expenses related to milestone payments as well as research-and-development costs. The company has been focusing on expanding its pipeline since its blockbuster arthritis drug, Humira, lost patent protection last year. To that end, AbbVie bought neuroscience drug developer Cerevel Therapeutics, cancer drug developer ImmunoGen and Alzheimers therapy developer Aliada in 2024 through deals worth over 20 billion in total.
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Thornburg Investment Fundamental Analysis
We analyze Thornburg Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thornburg Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thornburg Investment based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Ten Year Return
Ten Year Return Comparative Analysis
Thornburg Investment is currently under evaluation in ten year return among similar funds. Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Thornburg Investment Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thornburg Investment mutual fund to make a market-neutral strategy. Peer analysis of Thornburg Investment could also be used in its relative valuation, which is a method of valuing Thornburg Investment by comparing valuation metrics with similar companies.
Peers
Thornburg Investment Related Equities
| TGVRX | Thornburg International | 0.50 | ||||
| TIBGX | Thornburg Investment | 0.26 | ||||
| TIBMX | Thornburg Investment | 0.26 | ||||
| RRTNX | T Rowe | 0.18 | ||||
| THORX | Thornburg Global | 0.11 |
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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