Thornburg Intermediate Municipal Fund Price on September 16, 2024
| THMQX Fund | USD 13.36 0.01 0.07% |
Below is the normalized historical share price chart for Thornburg Intermediate Municipal extending back to September 30, 2020. 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 Intermediate stands at 13.36, as last reported on the 11th of December 2024, with the highest price reaching 13.36 and the lowest price hitting 13.36 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 Intermediate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.031, which indicates the fund had a 0.031% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thornburg Intermediate Municipal, which you can use to evaluate the volatility of the fund. Please validate Thornburg Intermediate's Coefficient Of Variation of 2385.26, risk adjusted performance of 0.0031, and Semi Deviation of 0.1575 to confirm if the risk estimate we provide is consistent with the expected return of 0.0061%.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.031
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | THMQX |
Estimated Market Risk
| 0.2 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Thornburg Intermediate is performing at about 2% 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 Intermediate by adding it to a well-diversified portfolio.
Thornburg Intermediate Valuation on September 16, 2024
It is possible to determine the worth of Thornburg Intermediate on a given historical date. On September 16, 2024 Thornburg was worth 13.31 at the beginning of the trading date compared to the closed value of 13.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Intermediate mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Intermediate'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 Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Intermediate's related companies.
| Open | High | Low | Close | Volume | |
| 13.31 | 13.31 | 13.31 | 13.31 | 1.00 | |
09/16/2024 | 13.31 | 13.31 | 13.31 | 13.31 | 1.00 |
| 13.32 | 13.32 | 13.32 | 13.32 | 1.00 |
| Backtest Thornburg Intermediate | | | Thornburg Intermediate History | | | Thornburg Intermediate Valuation | Previous | Next |
Thornburg Intermediate Trading Date Momentum on September 16, 2024
| On September 17 2024 Thornburg Intermediate Municipal was traded for 13.32 at the closing time. The highest daily price throughout the period was 13.32 and the lowest price was 13.32 . There was no trading activity during the period 1.0. Lack of trading volume on 09/17/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.08% . |
Thornburg Intermediate Fundamentals Correlations and Trends
By evaluating Thornburg Intermediate'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 Intermediate'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 Intermediate Mutual Fund history
Thornburg Intermediate 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 Intermediate 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 Intermediate stock prices may prove useful in developing a viable investing in Thornburg Intermediate
The fund pursues its primary goal by investing principally in a laddered maturity portfolio of municipal obligations issued by states and state agencies, local governments and their agencies, and by United States territories and possessions.
Thornburg Intermediate Mutual Fund Technical Analysis
Thornburg Intermediate 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 Intermediate Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Thornburg Intermediate Municipal 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 Intermediate December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Intermediate 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 Intermediate shares will generate the highest return on investment. By undertsting and applying Thornburg Intermediate mutual fund market strength indicators, traders can identify Thornburg Intermediate Municipal entry and exit signals to maximize returns
Thornburg Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Intermediate'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 | 0.0031 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Thornburg Mutual Fund
Thornburg Intermediate 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 Intermediate security.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |