Thrivent Municipal Bond Fund Price on January 21, 2025
TMBIX Fund | USD 10.18 0.05 0.49% |
If you're considering investing in Thrivent Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Thrivent Municipal stands at 10.18, as last reported on the 7th of March, with the highest price reaching 10.18 and the lowest price hitting 10.18 during the day. Thrivent Municipal Bond owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the fund had a -0.1 % return per unit of risk over the last 3 months. Thrivent Municipal Bond exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thrivent Municipal's Variance of 0.0779, coefficient of variation of (871.30), and Risk Adjusted Performance of (0.11) 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 = -0.1044
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | TMBIX |
Estimated Market Risk
0.28 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thrivent Municipal 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 Municipal by adding Thrivent Municipal to a well-diversified portfolio.
Thrivent Municipal Valuation on January 21, 2025
It is possible to determine the worth of Thrivent Municipal on a given historical date. On January 21, 2025 Thrivent was worth 10.14 at the beginning of the trading date compared to the closed value of 10.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thrivent Municipal mutual fund. Still, in general, we apply an absolute valuation method to find Thrivent Municipal'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 Municipal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thrivent Municipal's related companies.
Open | High | Low | Close | Volume | |
10.12 | 10.12 | 10.12 | 10.12 | 1.00 | |
01/21/2025 | 10.14 | 10.14 | 10.14 | 10.14 | 1.00 |
10.15 | 10.15 | 10.15 | 10.15 | 1.00 |
Backtest Thrivent Municipal | | | Thrivent Municipal History | | | Thrivent Municipal Valuation | Previous | Next |
Thrivent Municipal Trading Date Momentum on January 21, 2025
On January 22 2025 Thrivent Municipal Bond was traded for 10.15 at the closing time. The highest daily price throughout the period was 10.15 and the lowest price was 10.15 . There was no trading activity during the period 1.0. Lack of trading volume on 01/22/2025 added to the next day price jump. The trading price change to closing price of the next trading day was 0.10% . The trading price change to current closing price is 0.49% . |
Thrivent Municipal Bond Fundamentals Correlations and Trends
By evaluating Thrivent Municipal'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 Municipal'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 Municipal Mutual Fund history
Thrivent Municipal 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 Municipal 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 Municipal stock prices may prove useful in developing a viable investing in Thrivent Municipal
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. Thrivent Municipal is traded on NASDAQ Exchange in the United States.
Thrivent Municipal Mutual Fund Technical Analysis
Thrivent Municipal 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 Municipal Period Price Range
Low | March 7, 2025
| High |
0.00 | 0.00 |
Thrivent Municipal 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 Municipal March 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Thrivent Municipal 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 Municipal shares will generate the highest return on investment. By undertsting and applying Thrivent Municipal mutual fund market strength indicators, traders can identify Thrivent Municipal Bond entry and exit signals to maximize returns
Thrivent Municipal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thrivent Municipal'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 | (0.11) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (0.76) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in Thrivent Mutual Fund
Thrivent Municipal 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 Municipal security.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Money Managers Screen money managers from public funds and ETFs managed around the world |