Thrivent Mutual Fund Market Value

AAAGX
 Fund
  

USD 13.94  0.09  0.64%   

Thrivent Large's market value is the price at which a share of Thrivent Large stock trades on a public exchange. It measures the collective expectations of Thrivent Large Cap investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Thrivent Large Cap and determine expected loss or profit from investing in Thrivent Large over a given investment horizon. Please continue to Thrivent Large Hype Analysis, Thrivent Large Correlation, Portfolio Optimization, Thrivent Large Volatility, as well as analyze Thrivent Large Alpha and Beta and Thrivent Large Performance.
Symbol

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.

Thrivent Large 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thrivent Large's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thrivent Large.
0.00
06/13/2022
No Change 0.00  0.0 
In 2 months and 2 days
08/12/2022
0.00
If you would invest  0.00  in Thrivent Large on June 13, 2022 and sell it all today you would earn a total of 0.00 from holding Thrivent Large Cap or generate 0.0% return on investment in Thrivent Large over 60 days. Thrivent Large is related to or competes with Home Depot. The fund invests at least 80 percent of its net assets in equity securities of large companiesMore

Thrivent Large Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thrivent Large's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thrivent Large Cap upside and downside potential and time the market with a certain degree of confidence.

Thrivent Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Large's standard deviation. In reality, there are many statistical measures that can use Thrivent Large historical prices to predict the future Thrivent Large's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Thrivent Large's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Thrivent Large in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
11.8513.9416.03
Details
Intrinsic
Valuation
LowReal ValueHigh
11.5613.6515.74
Details
Naive
Forecast
LowNext ValueHigh
11.9114.0116.10
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.5412.8614.19
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thrivent Large. Your research has to be compared to or analyzed against Thrivent Large's peers to derive any actionable benefits. When done correctly, Thrivent Large's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Thrivent Large Cap.

Thrivent Large Cap Backtested Returns

We consider Thrivent Large not too volatile. Thrivent Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0901, which indicates the fund had 0.0901% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Thrivent Large Cap, which you can use to evaluate the future volatility of the fund. Please validate Thrivent Large Semi Deviation of 1.95, coefficient of variation of 1309.63, and Risk Adjusted Performance of 0.0997 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
The entity has a beta of 0.102, which indicates not very significant fluctuations relative to the market. Let's try to break down what Thrivent's beta means in this case. As returns on the market increase, Thrivent Large returns are expected to increase less than the market. However, during the bear market, the loss on holding Thrivent Large will be expected to be smaller as well. Although it is important to respect Thrivent Large Cap current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Thrivent Large Cap technical indicators, you can presently evaluate if the expected return of 0.19% will be sustainable into the future.

Auto-correlation

    
  0.57  

Modest predictability

Thrivent Large Cap has modest predictability. Overlapping area represents the amount of predictability between Thrivent Large time series from 13th of June 2022 to 13th of July 2022 and 13th of July 2022 to 12th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thrivent Large Cap price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Thrivent Large price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.37

Thrivent Large Cap lagged returns against current returns

Autocorrelation, which is Thrivent Large mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thrivent Large's mutual fund expected returns. We can calculate the autocorrelation of Thrivent Large returns to help us make a trade decision. For example, suppose you find that Thrivent Large mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Thrivent Large regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thrivent Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thrivent Large mutual fund over time.
   Current vs Lagged Prices   
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       Timeline  

Thrivent Large Lagged Returns

When evaluating Thrivent Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Large mutual fund have on its future price. Thrivent Large autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thrivent Large autocorrelation shows the relationship between Thrivent Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Large Cap.
   Regressed Prices   
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       Timeline  

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 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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Competition Analyzer

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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

0.83MSFTMicrosoft Corp TrendingPairCorr
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 Hype Analysis, Thrivent Large Correlation, Portfolio Optimization, Thrivent Large Volatility, as well as analyze Thrivent Large Alpha and Beta and Thrivent Large Performance. 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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Thrivent Large Cap price analysis, check to measure Thrivent Large'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 Thrivent Large is operating at the current time. Most of Thrivent Large's value examination focuses on studying past and present price action to predict the probability of Thrivent Large's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Thrivent Large's price. Additionally, you may evaluate how the addition of Thrivent Large to your portfolios can decrease your overall portfolio volatility.
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Thrivent Large technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Thrivent Large technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thrivent Large trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...