Thrivent High Financials
| THMBX Fund | USD 9.79 0.02 0.20% |
Thrivent |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Thrivent High Fund Summary
Thrivent High competes with Qs Us, Chase Growth, Ab Concentrated, Eip Growth, and Kinetics Small. Under normal market conditions, the fund invests at least 80 percent of its net assets in municipal bonds, the income of which is exempt from federal income taxation. It invests at least 50 percent of its assets in debt securities that, at the time of purchase, are rated within or below the BBB major rating category by SP or Fitch, or the Baa major rating category by Moodys, or are unrated but considered to be of comparable quality by the Adviser.Specialization | High Yield Muni, High Yield Muni |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Thrivent Mutual Funds |
| Mutual Fund Family | Thrivent Funds |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 800 847 4836 |
| Currency | USD - US Dollar |
Thrivent High Key Financial Ratios
Thrivent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thrivent High's current stock value. Our valuation model uses many indicators to compare Thrivent High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrivent High competition to find correlations between indicators driving Thrivent High's intrinsic value. More Info.Thrivent High Income is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 3,597 of Year To Date Return per Annual Yield. 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 High's earnings, one of the primary drivers of an investment's value.Thrivent High Income Systematic Risk
Thrivent High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thrivent High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Thrivent High Income correlated with the market. If Beta is less than 0 Thrivent High generally moves in the opposite direction as compared to the market. If Thrivent High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thrivent High Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thrivent High is generally in the same direction as the market. If Beta > 1 Thrivent High moves generally in the same direction as, but more than the movement of the benchmark.
Thrivent High November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thrivent High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thrivent High Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thrivent High Income based on widely used predictive technical indicators. In general, we focus on analyzing Thrivent Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thrivent High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4679 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.65 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.4154 |
Other Information on Investing in Thrivent Mutual Fund
Thrivent High 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 High security.
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