Thrivent Diversified Financial Statements From 2010 to 2024
| THYFX Fund | USD 7.13 0.01 0.14% |
Check Thrivent Diversified financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thrivent Diversified's main balance sheet or income statement drivers, such as , as well as many indicators such as . Thrivent financial statements analysis is a perfect complement when working with Thrivent Diversified Valuation or Volatility modules.
Thrivent |
Thrivent Diversified Income Mutual Fund Price To Earning Analysis
Thrivent Diversified'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.
Current Thrivent Diversified Price To Earning | 18.20 X |
Most of Thrivent Diversified'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 Diversified Income 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.
| Competition |
Based on the latest financial disclosure, Thrivent Diversified Income has a Price To Earning of 18.2 times. This is much higher than that of the Thrivent Funds family and significantly higher than that of the Allocation--15% to 30% Equity category. The price to earning for all United States funds is notably lower than that of the firm.
Thrivent Diversified Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thrivent Diversified's current stock value. Our valuation model uses many indicators to compare Thrivent Diversified value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrivent Diversified competition to find correlations between indicators driving Thrivent Diversified's intrinsic value. More Info.Thrivent Diversified Income is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Thrivent Diversified Income is roughly 9.48 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thrivent Diversified's earnings, one of the primary drivers of an investment's value.About Thrivent Diversified Financial Statements
Thrivent Diversified investors use historical fundamental indicators, such as Thrivent Diversified's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Thrivent Diversified. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests 60-95 percent in debt securities and 5-40 percent in equity securities. The equity securities in which the fund invests may include common stock, preferred stock, securities convertible into common stock, or securities or other instruments the price of which is linked to the value of common stock.
Also Currently Popular
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.Other Information on Investing in Thrivent Mutual Fund
Thrivent Diversified financial ratios help investors to determine whether Thrivent Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thrivent with respect to the benefits of owning Thrivent Diversified security.
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