Thornburg Developing probability of target price tool provides mechanism to make assumptions about upside and downside potential of Thornburg Developing World I USD Acc performance during a given time horizon utilizing its historical volatility. Please specify Thornburg Developing time horizon, a valid symbol (red box) and a target price (blue box) you would like Thornburg Developing odds to be computed. Additionally see Investing Opportunities.
|Horizon||30 Days Login to change|
Thornburg Developing Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||OVER 95.18%|
Based on normal probability distribution, the odds of Thornburg Developing to move above current price in 30 days from now is over 95.18% (This Thornburg Developing World I USD Acc probability density function shows the probability of Thornburg Developing Fund to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Thornburg Developing has beta of 0.0 suggesting the returns on DOW and Thornburg Developing do not appear to be sensible. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
Thornburg Developing Price Density
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|
Thornburg Developing Alerts and 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|