Thrivent Moderately Servative Fund Market Value
| TCAIX Fund | USD 13.47 0.06 0.45% |
| Symbol | THRIVENT |
Thrivent Moderately 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thrivent Moderately's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thrivent Moderately.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Thrivent Moderately on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Thrivent Moderately Servative or generate 0.0% return on investment in Thrivent Moderately over 720 days. Thrivent Moderately is related to or competes with Thrivent Partner, Thrivent Partner, Thrivent Large, Thrivent Limited, Thrivent Moderate, Thrivent High, and Thrivent Diversified. The fund invests in a combination of other funds managed by the Adviser and directly held financial instruments More
Thrivent Moderately Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thrivent Moderately's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thrivent Moderately Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3409 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.29 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.6006 |
Thrivent Moderately Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Moderately's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Moderately's standard deviation. In reality, there are many statistical measures that can use Thrivent Moderately historical prices to predict the future Thrivent Moderately's volatility.| Risk Adjusted Performance | 0.0884 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | 0.1032 |
Thrivent Moderately Backtested Returns
At this stage we consider THRIVENT Mutual Fund to be very steady. Thrivent Moderately owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thrivent Moderately Servative, which you can use to evaluate the volatility of the fund. Please validate Thrivent Moderately's Semi Deviation of 0.2149, risk adjusted performance of 0.0884, and Coefficient Of Variation of 739.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0476%. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thrivent Moderately's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrivent Moderately is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
Thrivent Moderately Servative has below average predictability. Overlapping area represents the amount of predictability between Thrivent Moderately time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thrivent Moderately price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Thrivent Moderately price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.2 |
Thrivent Moderately lagged returns against current returns
Autocorrelation, which is Thrivent Moderately mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thrivent Moderately's mutual fund expected returns. We can calculate the autocorrelation of Thrivent Moderately returns to help us make a trade decision. For example, suppose you find that Thrivent Moderately has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Thrivent Moderately regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thrivent Moderately mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Moderately mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thrivent Moderately mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thrivent Moderately Lagged Returns
When evaluating Thrivent Moderately's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Moderately mutual fund have on its future price. Thrivent Moderately autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thrivent Moderately autocorrelation shows the relationship between Thrivent Moderately mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Moderately Servative.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in THRIVENT Mutual Fund
Thrivent Moderately 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 Moderately security.
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