Thornburg Developing World Fund Technical Analysis
THDIX Fund | USD 23.04 0.01 0.04% |
As of the 12th of December 2024, Thornburg Developing has the Risk Adjusted Performance of 0.0892, coefficient of variation of 816.66, and Semi Deviation of 0.6836. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thornburg Developing, as well as the relationship between them.
Thornburg Developing Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thornburg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThornburgThornburg |
Thornburg Developing 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.
Thornburg Developing Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Thornburg Developing volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Thornburg Developing Trend Analysis
Use this graph to draw trend lines for Thornburg Developing World. You can use it to identify possible trend reversals for Thornburg Developing as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Thornburg Developing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thornburg Developing Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thornburg Developing World applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Thornburg Developing World market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.8, which is the sum of squared deviations for the predicted Thornburg Developing price change compared to its average price change.About Thornburg Developing Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Thornburg Developing World on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Thornburg Developing World based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Thornburg Developing price pattern first instead of the macroeconomic environment surrounding Thornburg Developing. By analyzing Thornburg Developing's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Thornburg Developing's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Thornburg Developing specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thornburg Developing December 12, 2024 Technical Indicators
Most technical analysis of Thornburg 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0892 | |||
Market Risk Adjusted Performance | 0.6374 | |||
Mean Deviation | 0.6152 | |||
Semi Deviation | 0.6836 | |||
Downside Deviation | 0.7918 | |||
Coefficient Of Variation | 816.66 | |||
Standard Deviation | 0.7836 | |||
Variance | 0.614 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0703 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.6274 | |||
Maximum Drawdown | 4.31 | |||
Value At Risk | (1.22) | |||
Potential Upside | 1.26 | |||
Downside Variance | 0.627 | |||
Semi Variance | 0.4673 | |||
Expected Short fall | (0.67) | |||
Skewness | (0.22) | |||
Kurtosis | 0.6596 |
Thornburg Developing December 12, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Thornburg stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | Huge | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 23.04 | ||
Day Typical Price | 23.04 | ||
Price Action Indicator | 0.00 |
Other Information on Investing in Thornburg Mutual Fund
Thornburg Developing 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 Developing security.
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