Thrivent ETF Financial Statements From 2010 to 2024
| TSME Etf | USD 39.80 0.46 1.17% |
Check Thrivent ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thrivent ETF'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 ETF Valuation or Volatility modules.
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Thrivent ETF Trust ETF One Year Return Analysis
Thrivent ETF's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Thrivent ETF One Year Return | 42.10 % |
Most of Thrivent ETF's fundamental indicators, such as One Year Return, 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 ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Thrivent ETF Trust has an One Year Return of 42.1%. This is much higher than that of the Thrivent family and significantly higher than that of the Mid-Cap Blend category. The one year return for all United States etfs is notably lower than that of the firm.
About Thrivent ETF Financial Statements
Thrivent ETF stakeholders use historical fundamental indicators, such as Thrivent ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thrivent ETF investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thrivent ETF's assets and liabilities are reflected in the revenues and expenses on Thrivent ETF's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Thrivent ETF Trust. Please read more on our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest primarily in companies that have market capitalizations within the range of those companies included in widely known small and mid-cap indices, such as the Russell 2500 Index, SP MidCap 400 Index, SP SmallCap 600 Index, or the small- to mid-sized company market capitalization classifications published by Morningstar. Thrivent ETF is traded on NYSEARCA Exchange in the United States.
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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 Thrivent ETF Trust is a strong investment it is important to analyze Thrivent ETF'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 Thrivent ETF's future performance. For an informed investment choice regarding Thrivent Etf, refer to the following important reports:Check out the analysis of Thrivent ETF Correlation against competitors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Thrivent ETF Trust is measured differently than its book value, which is the value of Thrivent that is recorded on the company's balance sheet. Investors also form their own opinion of Thrivent ETF's value that differs from its market value or its book value, called intrinsic value, which is Thrivent ETF'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 Thrivent ETF's market value can be influenced by many factors that don't directly affect Thrivent ETF'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 Thrivent ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thrivent ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent ETF'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.