Thornburg risk analysis

Use Thornburg Core Growth R3 risk analysis together with your other fund asset holdings to enhance returns of your portfolios as well as to check it against diversification policy that fits your risk preferences.  Optimize Portfolio

Projected Return Density against Market

Assuming 30 trading days horizon, the fund has beta cooficient of 1.29 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Thornburg will likely underperform. In addition to that, Thornburg Core Growth R3 has alpha of 1.29 implying that it can potentially generate 1.29% excess return over S&P 500 after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of Thornburg is 184.8. The daily returns are destributed with a variance of 0.56 and standard deviation of 0.75. The mean deviation of Thornburg Core Growth R3 is currently at 0.59. For similar time horizon, the selected benchmark (S&P 500) has volatility of 0.55

	(alpha)	=	1.29	Details
	(beta)	=	1.29	Details
	(volatility)	=	0.75	Details

Actual Return Volatility

Thornburg Core Growth R3 shows 0.75% volatility of returns over 30 trading days. S&P 500 shows 0.55% volatility of returns over 30 trading days.