Time Series Trend Analysis
Use this graph to draw trend lines for Thornburg Core Growth R3. You can use it to identify possible trend reversals for Thornburg 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 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Thornburg Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Thornburg Core Growth R3 applied against its price change over selected period. The best fit line has a slop of 0.04 % which means Thornburg Core Growth R3 will continue generating value for investors. It has 40 observation points and regression sum of squers of 2.43 which is sum of squared deviations of the predicted Thornburg price change against its avarage change. Thornburg has a best fit line with a correlation coefficient of 0.85. and coefficient of determination of 0.72. Note, that the company had not issued any dividends in recent years.
Thornburg December 11 2013 Technical Indicators
Thornburg One Year Return
Based on recorded statements Thornburg Core Growth R3 has One Year Return of 7.34%. This is 1938.89% higher than that of Thornburg family, and 66.13% higher than that of Large Growth category, The One Year Return for all funds is 305.52% lower than the firm.
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Thornburg Research Report
Analyze Thornburg Fundamentals