Thornburg Low Duration Fund Price on November 13, 2024
| TLDAX Fund | USD 12.22 0.00 0.00% |
Below is the normalized historical share price chart for Thornburg Low Duration extending back to December 30, 2013. 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 Low stands at 12.22, as last reported on the 11th of December 2024, with the highest price reaching 12.22 and the lowest price hitting 12.22 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 Low Duration 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-three technical indicators for Thornburg Low Duration, which you can use to evaluate the volatility of the fund. Please validate Thornburg Low's Standard Deviation of 0.0857, risk adjusted performance of 0.031, and Downside Deviation of 0.0899 to confirm if the risk estimate we provide is consistent with the expected return of 0.0131%.
Thornburg Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thornburg |
Sharpe Ratio = 0.1491
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Based on monthly moving average Thornburg Low is performing at about 11% 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 Low by adding it to a well-diversified portfolio.
Thornburg Low Valuation on November 13, 2024
It is possible to determine the worth of Thornburg Low on a given historical date. On November 13, 2024 Thornburg was worth 12.22 at the beginning of the trading date compared to the closed value of 12.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thornburg Low mutual fund. Still, in general, we apply an absolute valuation method to find Thornburg Low'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 Low where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thornburg Low's related companies.
| Open | High | Low | Close | Volume | |
| 12.22 | 12.22 | 12.22 | 12.22 | 1.00 | |
11/13/2024 | 12.22 | 12.22 | 12.22 | 12.22 | 1.00 |
| 12.21 | 12.21 | 12.21 | 12.21 | 1.00 |
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Thornburg Low Trading Date Momentum on November 13, 2024
| On November 14 2024 Thornburg Low Duration was traded for 12.21 at the closing time. The highest daily price throughout the period was 12.21 and the lowest price was 12.21 . There was no trading activity during the period 1.0. Lack of trading volume on 11/14/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.08% . The trading price change to current closing price is 0.00% . |
Thornburg Low Duration Fundamentals Correlations and Trends
By evaluating Thornburg Low'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 Low'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 Low Mutual Fund history
Thornburg Low 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 Low Duration 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 Low stock prices may prove useful in developing a viable investing in Thornburg Low
The fund invests 80 percent of its net assets in obligations of the U.S. government, its agencies and instrumentalities, and debt obligations rated at the time of purchase in one of the four highest ratings of SP Global Ratings or Moodys Investors Services, Inc. or, if no credit rating is available, judged to be of comparable quality by Thornburg.
Thornburg Low Mutual Fund Technical Analysis
Thornburg Low 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 Low Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Thornburg Low Duration 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 Low December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Thornburg Low 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 Low shares will generate the highest return on investment. By undertsting and applying Thornburg Low mutual fund market strength indicators, traders can identify Thornburg Low Duration entry and exit signals to maximize returns
Thornburg Low Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thornburg Low'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 | 0.031 | |||
| Jensen Alpha | 0.0018 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (1.25) | |||
| Treynor Ratio | 0.4363 |
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Other Information on Investing in Thornburg Mutual Fund
Thornburg Low 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 Low security.
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