Franklin High Yield Tax-Free Income Fund Q3 2024 Commentary - Seeking Alpha
THMAX Fund | USD 15.76 0.21 1.35% |
Slightly above 52% of Thrivent Moderate's investors are presently thinking to get in. The analysis of overall sentiment of trading Thrivent Moderate Allocation mutual fund suggests that some investors are interested at this time. Thrivent Moderate's investing sentiment can be driven by a variety of factors including economic data, Thrivent Moderate's earnings reports, geopolitical events, and overall market trends.
Thrivent |
Franklin High Yield Tax-Free Income Fund Q3 2024 Commentary Seeking Alpha
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Thrivent Moderate Fundamental Analysis
We analyze Thrivent Moderate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thrivent Moderate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thrivent Moderate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Position Weight
Cash Position Weight Comparative Analysis
Thrivent Moderate is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Thrivent Moderate Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Thrivent Moderate mutual fund to make a market-neutral strategy. Peer analysis of Thrivent Moderate could also be used in its relative valuation, which is a method of valuing Thrivent Moderate by comparing valuation metrics with similar companies.
Peers
Thrivent Moderate Related Equities
NEAIX | Needham Aggressive | 2.64 | ||||
RPNCX | Riverpark/next Century | 2.44 | ||||
LGPSX | Profunds-large Cap | 2.33 | ||||
FRAAX | Franklin Growth | 1.96 | ||||
JSLGX | Multimanager Lifestyle | 1.32 | ||||
GCIGX | Gamco International | 0.96 | ||||
TEGAX | Mid Cap | 0.39 | ||||
WPASX | Ab Concentrated | 0.48 |
Other Information on Investing in Thrivent Mutual Fund
Thrivent Moderate 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 Moderate security.
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