Thrivent Government Bond Fund Price on December 1, 2024
| TBFIX Fund | USD 8.83 0.02 0.23% |
Below is the normalized historical share price chart for Thrivent Government Bond extending back to February 26, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thrivent Government stands at 8.83, as last reported on the 1st of December, with the highest price reaching 8.83 and the lowest price hitting 8.83 during the day.
If you're considering investing in Thrivent Mutual Fund, it is important to understand the factors that can impact its price. Thrivent Government Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0578, which indicates the fund had a -0.0578% return per unit of risk over the last 3 months. Thrivent Government Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thrivent Government's Variance of 0.0878, risk adjusted performance of (0.05), and Coefficient Of Variation of (2,570) to confirm the risk estimate we provide.
Thrivent Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thrivent |
Sharpe Ratio = -0.0578
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| Negative Returns | TBFIX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thrivent Government is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thrivent Government by adding Thrivent Government to a well-diversified portfolio.
Thrivent Government Valuation on December 1, 2024
It is possible to determine the worth of Thrivent Government on a given historical date. On December 1, 2024 Thrivent was worth 8.83 at the beginning of the trading date compared to the closed value of 8.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thrivent Government mutual fund. Still, in general, we apply an absolute valuation method to find Thrivent Government's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thrivent Government where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thrivent Government's related companies.
| Open | High | Low | Close | Volume | |
| 8.83 | 8.83 | 8.83 | 8.83 | 1.00 | |
12/01/2024 | 8.83 | 8.83 | 8.83 | 8.83 | 0.00 |
| Backtest Thrivent Government | | | Thrivent Government History | | | Thrivent Government Valuation | Previous |
Thrivent Government Trading Date Momentum on December 1, 2024
| On December 01 2024 Thrivent Government Bond was traded for 8.83 at the closing time. The highest daily price throughout the period was 8.83 and the lowest price was 8.83 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Thrivent Government Bond Fundamentals Correlations and Trends
By evaluating Thrivent Government's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thrivent Government's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thrivent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thrivent Government Mutual Fund history
Thrivent Government investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thrivent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thrivent Government Bond will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thrivent Government stock prices may prove useful in developing a viable investing in Thrivent Government
The fund invests at least 80 percent of its net assets in U.S. government bonds. U.S. government bonds are debt instruments issued or guaranteed by the U.S. government or its agencies and instrumentalities, including U.S. Treasuries, TIPS, U.S. government agency debt, and mortgage-backed securities issued or guaranteed by the Government National Mortgage Association , the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation .
Thrivent Government Mutual Fund Technical Analysis
Thrivent Government 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, fund market cycles, or different charting patterns.
Price Boundaries
Thrivent Government Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Thrivent Government Bond cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thrivent Government December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Thrivent Government mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thrivent Government shares will generate the highest return on investment. By undertsting and applying Thrivent Government mutual fund market strength indicators, traders can identify Thrivent Government Bond entry and exit signals to maximize returns
Thrivent Government Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thrivent Government's price direction in advance. Along with the technical and fundamental analysis of Thrivent Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thrivent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3098 |
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Other Information on Investing in Thrivent Mutual Fund
Thrivent Government 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 Government security.
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