Thornburg Developing (Ireland) Manager Performance Evaluation

The entity has beta of 0.0 which indicates the returns on MARKET and Thornburg Developing are completely uncorrelated. Although it is extremely important to respect Thornburg Developing current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Thornburg Developing technical indicators you can presently evaluate if the expected return of 0.0% will be sustainable into the future.

Risk-Adjusted Fund Performance

Over the last 30 days Thornburg Developing World I USD Acc has generated negative risk-adjusted returns adding no value to fund investors. In defiance of relatively invariable forward-looking signals, Thornburg Developing is not utilizing all of its potentials. The current stock price agitation, may contribute to short running losses for the management.
Horizon     30 Days    Login   to change

Thornburg Developing Relative Risk vs. Return Landscape

If you would invest (100.00)  in Thornburg Developing World I USD Acc on May 19, 2019 and sell it today you would earn a total of  100.00  from holding Thornburg Developing World I USD Acc or generate -100.0% return on investment over 30 days. Thornburg Developing World I USD Acc is generating negative expected returns and assumes 0.0% volatility on return distribution over the 30 days horizon. Simply put, 0% of equities are less volatile than Thornburg Developing and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 

Thornburg Developing Market Risk Analysis

Sharpe Ratio = 0.0
Good Returns
Average Returns
Small Returns
Based on monthly moving average Thornburg Developing is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thornburg Developing by adding it to a well-diversified portfolio.

Thornburg Developing Alerts

Equity Alerts and Improvement Suggestions

Thornburg Developing is not yet fully synchronised with the market data
Thornburg Developing has some characteristics of a very speculative penny stock
The fund retains about 11.27% of its assets under management (AUM) in cash
See also Investing Opportunities. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.