Thornburg Mutual Fund Buy Hold or Sell Recommendation

LTCAX
 Fund
  

USD 12.61  0.01  0.08%   

Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Thornburg California Limited is 'Not Rated'. Macroaxis provides Thornburg California buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LTCAX positions. The advice algorithm takes into account all of Thornburg California's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Thornburg California's buy-and-hold perspective. Additionally, see Thornburg California 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. We conduct extensive research on individual funds such as Thornburg and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards Thornburg California Limited.

Execute Thornburg California 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 California Limited. Macroaxis does not own or have any residual interests in Thornburg California Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Thornburg California's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Thornburg CaliforniaBuy Thornburg California
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon Thornburg California Limited has a Mean Deviation of 0.0886, Standard Deviation of 0.1147 and Variance of 0.0132
Our advice tool can cross-verify current analyst consensus on Thornburg California and to analyze the entity potential to grow in the current economic cycle. Please use Thornburg California number of employees, ten year return, as well as the relationship between the Ten Year Return and bond positions weight to make buy, hold, or sell decision on Thornburg California.

Thornburg California Trading Alerts and Improvement Suggestions

Thornburg California generated a negative expected return over the last 90 days
Thornburg California is unlikely to experience financial distress in the next 2 years
On 31st of August 2022 Thornburg California paid $ 0.0182 per share dividend to its current shareholders
The fund maintains about 6.36% of its assets in cash

Thornburg California Returns Distribution Density

The distribution of Thornburg California's historical returns is an attempt to chart the uncertainty of Thornburg California's future price movements. The chart of the probability distribution of Thornburg California stock daily returns describes the distribution of returns around its average expected value. We use Thornburg California Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Thornburg California returns is essential to provide solid investment advice for Thornburg California.
Mean Return-0.03Value At Risk-0.24
Potential Upside0.15Standard Deviation0.11
   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 California 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 California 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 California 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 California'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 DOW
-0.04
β
Beta against DOW0.0171
σ
Overall volatility
0.11
Ir
Information ratio 0.70

Thornburg California Volatility Alert

Thornburg California Limited exhibits very low volatility with skewness of -0.59 and kurtosis of 0.78. However, we advise investors to further study Thornburg California Limited technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thornburg California'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 California'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 stocks as prices fall.

Thornburg California Fundamentals Vs Peers

Comparing Thornburg California'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 California's direct or indirect competition across all of the common fundamentals between Thornburg California and the related equities. This way, we can detect undervalued stocks with similar characteristics as Thornburg California or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Thornburg California's fundamental indicators could also be used in its relative valuation, which is a method of valuing Thornburg California by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Thornburg California to competition
FundamentalsThornburg CaliforniaPeer Average
One Year Return1.92 %4.15 %
Three Year Return1.36 %3.60 %
Five Year Return1.42 %3.24 %
Ten Year Return2.19 %1.79 %
Net Asset376.31 M4.11 B
Minimum Initial Investment5 K976.16 K
Last Dividend Paid0.010.65
Cash Position Weight6.36 %10.61 %
Bond Positions Weight93.62 %11.24 %

About Thornburg California Buy or Sell Advice

When is the right time to buy or sell Thornburg California Limited? 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.

Use Investing Ideas to Build Portfolios

In addition to having Thornburg California in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Air Thematic Idea Now

Air
Air Theme
Companies specializing in air services and air delivery. The Air theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Air Theme or any other thematic opportunities.
View All  Next Launch
Additionally, see Thornburg California 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 California information on this page should be used as a complementary analysis to other Thornburg California'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Thornburg Mutual Fund analysis

When running Thornburg California price analysis, check to measure Thornburg California's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thornburg California is operating at the current time. Most of Thornburg California's value examination focuses on studying past and present price action to predict the probability of Thornburg California's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Thornburg California's price. Additionally, you may evaluate how the addition of Thornburg California to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Please note, there is a significant difference between Thornburg California's value and its price as these two are different measures arrived at by different means. Investors typically determine Thornburg California value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg California's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.