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Asset Comparison and Correlation

    
Investment horizon: 
  30 Days    Login   to change
 
 Thornburg International Value   vs   Goldman Sachs Tax Advantaged G
 Compare Fundamentals  
Daily Returns (%)
THGBX   TAGGX   
 
Assuming 30 trading days horizon, Thornburg is expected to generate 1.69 times less return on investment than Goldman. In addition to that, Thornburg is 1.45 times more volatile than Goldman Sachs Tax Advantaged Gbl Eq A. It trades about 0.23 of its total potential returns per unit of risk. Goldman Sachs Tax Advantaged Gbl Eq A is currently generating about 0.55 per unit of volatility. If you would invest  1,108  in Goldman Sachs Tax Advantaged Gbl Eq A on April 24, 2013 and sell it today you would earn a total of  53.00  from holding Goldman Sachs Tax Advantaged Gbl Eq A or generate 4.78% return on investment over 30 days.

Diversification

Weak diversification
Overlapping area represents amount of risk that can be diversified away by holding Thornburg International Value and Goldman Sachs Tax Advantaged G in the same portfolio assuming nothing else is changed

Correlation Coefficient

0.36
Parameters
Time Period1 Month [change]
DirectionPositive TAGGX Moved Up vs THGBX
StrengthVery Weak
Accuracy86.36%
ValuesDaily Returns
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Predicted Return Density
 
Returns   
THGBX   TAGGX   

Thornburg International Value B

 
    
Thornburg
Performance
12
Out Of
100
Over 30
Days
88% of all equities and portfolios perform better than Thornburg International Value B. Compared with the overall equity markets, risk-adjusted returns on investments in Thornburg International Value B are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Thornburg

Thornburg International Value A vs. Thornburg International Value B
Thornburg International Value R5 vs. Thornburg International Value B
Thornburg International Value R6 vs. Thornburg International Value B
Thornburg International Value R4 vs. Thornburg International Value B
Thornburg International Value C vs. Thornburg International Value B
Thornburg International Value I vs. Thornburg International Value B
Thornburg International Value R3 vs. Thornburg International Value B
Vanguard International Growth Inv vs. Thornburg International Value B
Vanguard International Growth Adm vs. Thornburg International Value B
  

Goldman Sachs Tax Advantaged Gbl Eq A

 
    
Goldman
Performance
29
Out Of
100
Over 30
Days
71% of all equities and portfolios perform better than Goldman Sachs Tax Advantaged Gbl Eq A. Compared with the overall equity markets, risk-adjusted returns on investments in Goldman Sachs Tax Advantaged Gbl Eq A are ranked lower than 29 (%) of all global equities and portfolios over the last 30 days.
    

Match-ups for Goldman

Thornburg International Value A vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value B vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value R5 vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value R6 vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value R4 vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value C vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value I vs. Goldman Sachs Tax Advantaged Gbl Eq A
Thornburg International Value R3 vs. Goldman Sachs Tax Advantaged Gbl Eq A
Vanguard International Growth Inv vs. Goldman Sachs Tax Advantaged Gbl Eq A
Vanguard International Growth Adm vs. Goldman Sachs Tax Advantaged Gbl Eq A


 
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