Thornburg Income Stock Forecast - Day Typical Price

TBLD Stock  USD 16.66  0.25  1.48%   
Thornburg Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Thornburg Income stock prices and determine the direction of Thornburg Income Builder's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Thornburg Income's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Receivables Turnover is expected to grow to 17.63. The current year's Asset Turnover is expected to grow to 0.19. As of November 13, 2024, Common Stock Shares Outstanding is expected to decline to about 25.6 M.
Thornburg Income Builder has current Day Typical Price of 16.77. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Thornburg Income Trading Date Momentum

On November 12 2024 Thornburg Income Builder was traded for  16.66  at the closing time. The top price for the day was 17.02  and the lowest listed price was  16.62 . The trading volume for the day was 77.4 K. The trading history from November 12, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.04% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Thornburg Income

For every potential investor in Thornburg, whether a beginner or expert, Thornburg Income's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Thornburg Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Thornburg. Basic forecasting techniques help filter out the noise by identifying Thornburg Income's price trends.

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 Risk & Return  Correlation

Thornburg Income Builder Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Thornburg Income's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Thornburg Income's current price.

Thornburg Income Market Strength Events

Market strength indicators help investors to evaluate how Thornburg Income stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thornburg Income shares will generate the highest return on investment. By undertsting and applying Thornburg Income stock market strength indicators, traders can identify Thornburg Income Builder entry and exit signals to maximize returns.

Thornburg Income Risk Indicators

The analysis of Thornburg Income's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Thornburg Income's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting thornburg stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Thornburg Income to cross-verify your projections.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thornburg Income. If investors know Thornburg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.22
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.