Thrivent Large Correlations

Mutual Funds USA . 
Fund . Thrivent Large Cap
AAUTX Fund  USD 32.66  0.40  1.24%   
The current 90-days correlation between Thrivent Large Cap and Schwab Treasury Inflation is 0.13 (i.e., Average diversification). The correlation of Thrivent Large is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
  
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Thrivent Mutual Fund

  0.71VVIAX Vanguard Value IndexPairCorr
  0.75DOXGX Dodge Cox StockPairCorr
  0.9AFMFX American MutualPairCorr
  0.83FFMMX American Funds AmericanPairCorr
  0.83FFFMX American Funds AmericanPairCorr
  0.9AMRMX American MutualPairCorr
  0.65AMFFX American MutualPairCorr
  0.65AMFCX American MutualPairCorr
  0.97DODGX Dodge Stock FundPairCorr
  0.97VIVAX Vanguard Value IndexPairCorr
  0.84VTSAX Vanguard Total StockPairCorr
  0.82VFIAX Vanguard 500 IndexPairCorr
  0.84VTSMX Vanguard Total StockPairCorr
  0.84VSMPX Vanguard Total StockPairCorr
  0.84VSTSX Vanguard Total StockPairCorr
  0.82VITSX Vanguard Total StockPairCorr
  0.82VFINX Vanguard 500 IndexPairCorr
  0.83VFFSX Vanguard 500 IndexPairCorr
  0.69DIS Walt Disney Aggressive PushPairCorr
  0.63XOM Exxon Mobil Corp Aggressive PushPairCorr
  0.84AA Alcoa Corp Fiscal Year End 15th of January 2025 PairCorr
  0.65JPM JPMorgan Chase Fiscal Year End 10th of January 2025 PairCorr
  0.72CAT Caterpillar Fiscal Year End 3rd of February 2025 PairCorr
  0.77HPQ HP IncPairCorr
  0.79CVX Chevron Corp Fiscal Year End 7th of February 2025 PairCorr
  0.7BAC Bank of America Aggressive PushPairCorr
  0.82CSCO Cisco SystemsPairCorr
  0.78AXP American Express Fiscal Year End 24th of January 2025 PairCorr

Moving against Thrivent Mutual Fund

  0.69KO Coca Cola Aggressive PushPairCorr
  0.56PFE Pfizer Inc Fiscal Year End 4th of February 2025 PairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
TIIHX
+ 0.95
SWRSX
APISX
+ 0.78
TIIHX
APISX
+ 0.67
SWRSX
MFTFX
+ 0.62
SWRSX
MFTFX
+ 0.61
TIIHX
AUNTX
+ 0.59
APISX
  
High negative correlations   
ATACX
- 0.45
AUNTX
AUNTX
- 0.41
MFTFX
ATACX
- 0.35
APISX
ATACX
- 0.0
TIIHX

Risk-Adjusted Indicators

There is a big difference between Thrivent Mutual Fund performing well and Thrivent Large Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thrivent Large's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY