Thrivent Price to Earning

AAAGX
 Fund
  

USD 11.86  0.03  0.25%   

Thrivent Large Cap fundamentals help investors to digest information that contributes to Thrivent Large's financial success or failures. It also enables traders to predict the movement of Thrivent Mutual Fund. The fundamental analysis module provides a way to measure Thrivent Large's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thrivent Large mutual fund.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Thrivent Price to Earning Analysis

Thrivent Large's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
P/E 
 = 
Market Value Per Share 
Earnings Per Share 
More About Price to Earning | All Equity Analysis

Current Thrivent Large Price to Earning

    
  23.84 X  
Most of Thrivent Large's fundamental indicators, such as Price to Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thrivent Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Compare to competition

Thrivent Large Price to Earning Component Assessment

Based on the latest financial disclosure, the price to earning indicator of Thrivent Large Cap is roughly 23.84 times. This is much higher than that of the Thrivent Funds family and significantly higher than that of the Large Growth category. The price to earning for all United States funds is notably lower than that of the firm.

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Fund Asset Allocation for Thrivent Large

The fund consists of 96.49% investments in stocks, with the rest of investments allocated between different money market instruments.
   Value   
       Instrument Type  

Thrivent Fundamentals

About Thrivent Large Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thrivent Large Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thrivent Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thrivent Large Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund invests at least 80 percent of its net assets in equity securities of large companies. Thrivent Large is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Thrivent Large without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Thrivent Large

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thrivent Large position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thrivent Large will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thrivent Large

+0.71JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Thrivent Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thrivent Large when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thrivent Large - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thrivent Large Cap to buy it.
The correlation of Thrivent Large is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thrivent Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thrivent Large Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thrivent Large can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Thrivent Large Piotroski F Score and Thrivent Large Altman Z Score analysis. Note that the Thrivent Large Cap information on this page should be used as a complementary analysis to other Thrivent Large'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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Please note, there is a significant difference between Thrivent Large's value and its price as these two are different measures arrived at by different means. Investors typically determine Thrivent Large value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent Large'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.