Thornburg International Growth Fund Manager Performance Evaluation
| TIGVX Fund | USD 24.93 0.09 0.36% |
The entity has a beta of 0.0306, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thornburg International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thornburg International is expected to be smaller as well.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Thornburg International Growth are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Thornburg International is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | Dutch Fund Sells 3 Bln Worth of Stock in Shell, BP and TotalEnergies - MarketWatch | 02/08/2024 |
| Expense Ratio | 1.5000 |
Thornburg |
Thornburg International Relative Risk vs. Return Landscape
If you would invest 2,403 in Thornburg International Growth on January 26, 2024 and sell it today you would earn a total of 90.00 from holding Thornburg International Growth or generate 3.75% return on investment over 90 days. Thornburg International Growth is currently producing 0.062% returns and takes up 0.7383% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Thornburg, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thornburg International Current Valuation
Fairly Valued
Today
Please note that Thornburg International's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Thornburg International has a current Real Value of $24.96 per share. The regular price of the fund is $24.93. We determine the value of Thornburg International from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Thornburg International Growth is useful when determining the fair value of the Thornburg mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Thornburg International. Since Thornburg International is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thornburg Mutual Fund. However, Thornburg International's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.93 | Real 24.96 | Hype 24.93 | Naive 24.74 |
The real value of Thornburg Mutual Fund, also known as its intrinsic value, is the underlying worth of Thornburg International Mutual Fund, which is reflected in its stock price. It is based on Thornburg International's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Thornburg International's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Thornburg International's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Thornburg International Growth helps investors to forecast how Thornburg mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thornburg International more accurately as focusing exclusively on Thornburg International's fundamentals will not take into account other important factors: Thornburg International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thornburg International's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thornburg International Growth, and traders can use it to determine the average amount a Thornburg International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.084
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| Cash | TIGVX | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Thornburg International is performing at about 6% 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 International by adding it to a well-diversified portfolio.
Thornburg International Fundamentals Growth
Thornburg Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thornburg International, and Thornburg International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thornburg Mutual Fund performance.
| Price To Earning | 24.31 X | ||||
| Price To Book | 2.97 X | ||||
| Price To Sales | 2.67 X | ||||
| Total Asset | 2.06 B | ||||
About Thornburg International Performance
To evaluate Thornburg International Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thornburg International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Thornburg Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Thornburg International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thornburg's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The adviser expects to invest primarily in equity securities from issuers around the world selected for their growth potential and, under normal market conditions, invests at least 75 percent of its net assets in foreign securities or depositary receipts of foreign securities. However, the fund may own a variety of securities, including domestic equity securities. The fund may invest in developing countries.Things to note about Thornburg International performance evaluation
Checking the ongoing alerts about Thornburg International for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thornburg International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund generated three year return of -6.0% | |
| Thornburg International maintains 96.78% of its assets in stocks |
- Analyzing Thornburg International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thornburg International's stock is overvalued or undervalued compared to its peers.
- Examining Thornburg International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thornburg International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thornburg International's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thornburg International's mutual fund. These opinions can provide insight into Thornburg International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thornburg International Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.