Thornburg International Growth Fund Buy Hold or Sell Recommendation
| TIGAX Fund | USD 25.04 0.09 0.36% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Thornburg International Growth is 'Strong Hold'. Macroaxis provides Thornburg International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TIGAX positions. The advice algorithm takes into account all of Thornburg International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Thornburg International's buy or sell advice are summarized below:
Real Value 25.07 | Hype Value 25.04 | Market Value 25.04 | Naive Value 24.82 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Thornburg International Growth given historical horizon and risk tolerance towards Thornburg International. When Macroaxis issues a 'buy' or 'sell' recommendation for Thornburg International Growth, the advice is generated through an automated system that utilizes algorithms and statistical models.
Thornburg |
Execute Thornburg International Buy or Sell Advice
The Thornburg recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Thornburg International Growth. Macroaxis does not own or have any residual interests in Thornburg International Growth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thornburg International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Analyst Consensus | Not Available | Details |
Thornburg International Trading Alerts and Improvement Suggestions
| The fund generated three year return of -5.0% | |
| Thornburg International maintains 95.04% of its assets in stocks |
Thornburg International Returns Distribution Density
The distribution of Thornburg International's historical returns is an attempt to chart the uncertainty of Thornburg International's future price movements. The chart of the probability distribution of Thornburg International daily returns describes the distribution of returns around its average expected value. We use Thornburg International Growth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thornburg International returns is essential to provide solid investment advice for Thornburg International.
| Mean Return | 0.08 | Value At Risk | -1.23 | Potential Upside | 1.19 | Standard Deviation | 0.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Thornburg International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Thornburg International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thornburg International or Thornburg sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thornburg International's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thornburg fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.03 | |
β | Beta against NYSE Composite | 0.92 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | 0.03 |
Thornburg International Volatility Alert
Thornburg International Growth exhibits relatively low volatility with skewness of 0.1 and kurtosis of 0.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thornburg International's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Thornburg International's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Thornburg International Fundamentals Vs Peers
Comparing Thornburg International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Thornburg International's direct or indirect competition across all of the common fundamentals between Thornburg International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Thornburg International or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Thornburg International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Thornburg International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Thornburg International to competition |
| Fundamentals | Thornburg International | Peer Average |
| Price To Earning | 24.39 X | 6.53 X |
| Price To Book | 3.42 X | 0.74 X |
| Price To Sales | 2.64 X | 0.61 X |
| Annual Yield | 0 % | 0.29 % |
| Year To Date Return | 4.68 % | 0.39 % |
| One Year Return | 8.51 % | 4.15 % |
| Three Year Return | (5.13) % | 3.60 % |
| Five Year Return | 4.29 % | 3.24 % |
| Ten Year Return | 10.15 % | 1.79 % |
| Net Asset | 925.16 M | 4.11 B |
| Cash Position Weight | 4.96 % | 10.61 % |
| Equity Positions Weight | 95.04 % | 63.90 % |
Thornburg International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Thornburg . With many 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 25.04 | |||
| Day Typical Price | 25.04 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.09) | |||
| Relative Strength Index | 31.92 |
About Thornburg International Buy or Sell Advice
When is the right time to buy or sell Thornburg International Growth? Buying financial instruments such as Thornburg Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Thornburg International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Thornburg International information on this page should be used as a complementary analysis to other Thornburg International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.