Thornburg Developing (Ireland) Manager Performance Evaluation

F00000S50U -- Ireland Fund  

USD 10.39  0.10  0.97%

The entity has beta of 1.0159 which indicates Thornburg Developing returns are very sensitive to returns on the market. as market goes up or down, Thornburg Developing is expected to follow.. Even though it is essential to pay attention to Thornburg Developing current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any fund is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Thornburg Developing World I USD Acc exposes twenty-one different technical indicators which can help you to evaluate its performance.
Horizon     30 Days    Login   to change

Thornburg Developing Relative Risk vs. Return Landscape

If you would invest  1,055  in Thornburg Developing World I USD Acc on August 25, 2018 and sell it today you would lose (16.00)  from holding Thornburg Developing World I USD Acc or give up 1.52% of portfolio value over 30 days. Thornburg Developing World I USD Acc is generating negative expected returns and assumes 2.1157% volatility on return distribution over the 30 days horizon. Simply put, 19% of equities are less volatile than Thornburg Developing World I USD Acc and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Thornburg Developing World I USD Acc is expected to under-perform the market. In addition to that, the company is 5.08 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.32 per unit of volatility.

Thornburg Developing Current Valuation

Not valued
September 24, 2018
10.39
Market Value
0.00
Real Value
Target Odds
  
0.00
Upside
Thornburg Developing is Unknown risk asset. Thornburg Developing current Real Value cannot be determined due to lack of data. The regular price of Thornburg Developing is $10.39. Based on Macroaxis valuation methodology, the fund cannot be evaluated at this time. We determine the value of Thornburg Developing from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to buy undervalued stocks and to dispose of overvalued stocks since at some point securities prices and their ongoing real values will draw towards each other.

Thornburg Developing Market Risk Analysis

Sharpe Ratio = -0.1114
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Thornburg Developing Relative Performance Indicators

Estimated Market Risk
 2.12
  actual daily
 
 81 %
of total potential
  
Expected Return
 -0.24
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.11
  actual daily
 
 1 %
of total potential
  
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 Performance Rating

Thornburg Developing World I USD Acc Risk Adjusted Performance Analysis

0 

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.

Thornburg Developing Alerts

Equity Alerts and Improvement Suggestions

Thornburg Developing generates negative expected return over the last 30 days
The fund retains about 11.27% of its assets under management (AUM) in cash
Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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