Thornburg International Value Fund Market Value

TGVAX Fund  USD 27.70  0.43  1.58%   
Thornburg International's market value is the price at which a share of Thornburg International trades on a public exchange. It measures the collective expectations of Thornburg International Value investors about its performance. Thornburg International is trading at 27.70 as of the 14th of March 2025; that is 1.58% up since the beginning of the trading day. The fund's open price was 27.27.
With this module, you can estimate the performance of a buy and hold strategy of Thornburg International Value and determine expected loss or profit from investing in Thornburg International over a given investment horizon. Check out Thornburg International Correlation, Thornburg International Volatility and Thornburg International Alpha and Beta module to complement your research on Thornburg International.
Symbol

Please note, there is a significant difference between Thornburg International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Thornburg International 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thornburg International's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thornburg International.
0.00
12/14/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/14/2025
0.00
If you would invest  0.00  in Thornburg International on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Thornburg International Value or generate 0.0% return on investment in Thornburg International over 90 days. Thornburg International is related to or competes with Growth Fund, Loomis Sayles, Oppenheimer International, Thornburg Core, and Eaton Vance. The fund invests primarily in common stocks of non-U.S More

Thornburg International Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thornburg International's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thornburg International Value upside and downside potential and time the market with a certain degree of confidence.

Thornburg International Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thornburg International's standard deviation. In reality, there are many statistical measures that can use Thornburg International historical prices to predict the future Thornburg International's volatility.
Hype
Prediction
LowEstimatedHigh
26.8227.7028.58
Details
Intrinsic
Valuation
LowRealHigh
24.9329.7630.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thornburg International. Your research has to be compared to or analyzed against Thornburg International's peers to derive any actionable benefits. When done correctly, Thornburg International's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thornburg International.

Thornburg International Backtested Returns

At this stage we consider Thornburg Mutual Fund to be very steady. Thornburg International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the fund had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thornburg International Value, which you can use to evaluate the volatility of the fund. Please validate Thornburg International's Semi Deviation of 0.8108, risk adjusted performance of 0.073, and Coefficient Of Variation of 1154.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thornburg International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg International is expected to be smaller as well.

Auto-correlation

    
  0.56  

Modest predictability

Thornburg International Value has modest predictability. Overlapping area represents the amount of predictability between Thornburg International time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thornburg International price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Thornburg International price fluctuation can be explain by its past prices.
Correlation Coefficient0.56
Spearman Rank Test0.47
Residual Average0.0
Price Variance0.21

Thornburg International lagged returns against current returns

Autocorrelation, which is Thornburg International mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thornburg International's mutual fund expected returns. We can calculate the autocorrelation of Thornburg International returns to help us make a trade decision. For example, suppose you find that Thornburg International has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Thornburg International regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thornburg International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thornburg International mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thornburg International mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Thornburg International Lagged Returns

When evaluating Thornburg International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thornburg International mutual fund have on its future price. Thornburg International autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thornburg International autocorrelation shows the relationship between Thornburg International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thornburg International Value.
   Regressed Prices   
       Timeline  

Also Currently Popular

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.

Other Information on Investing in Thornburg Mutual Fund

Thornburg International 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 International security.
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