Thornburg technical analysis

Use Thornburg Core Growth R3 technical analysis together with your other fund asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

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 Line

The 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 0.08 % which means Thornburg Core Growth R3 will continue generating value for investors. It has 44 observation points and regression sum of squers of 10.33 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 0.96. and coefficient of determination of 0.92. Note, that the company had not issued any dividends in recent years.