Thornburg Global Opportunities Fund Statistic Functions Beta

THOCX Fund  USD 35.99  0.02  0.06%   
Thornburg Global statistic functions tool provides the execution environment for running the Beta function and other technical functions against Thornburg Global. Thornburg Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Thornburg Global statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Thornburg Global Opp correlated with the market. If Beta is less than 0 Thornburg Global generally moves in the opposite direction as compared to the market. If Thornburg Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thornburg Global Opp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thornburg Global is generally in the same direction as the market. If Beta > 1 Thornburg Global moves generally in the same direction as, but more than the movement of the benchmark.

Thornburg Global Technical Analysis Modules

Most technical analysis of Thornburg Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thornburg from various momentum indicators to cycle indicators. When you analyze Thornburg charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Thornburg Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Thornburg Global Opportunities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thornburg Global Opportunities based on widely used predictive technical indicators. In general, we focus on analyzing Thornburg Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thornburg Global's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Thornburg Global's intrinsic value. In addition to deriving basic predictive indicators for Thornburg Global, we also check how macroeconomic factors affect Thornburg Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thornburg Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.2735.9636.65
Details
Intrinsic
Valuation
LowRealHigh
35.3836.0736.76
Details
Naive
Forecast
LowNextHigh
35.8636.5437.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
34.7235.4436.17
Details

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Other Information on Investing in Thornburg Mutual Fund

Thornburg Global 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 Global security.
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