Thrivent High Valuation
| THMBX Fund | USD 9.73 0.01 0.10% |
At this time, the fund appears to be overvalued. Thrivent High Income has a current Real Value of $9.34 per share. The regular price of the fund is $9.73. We determine the value of Thrivent High Income from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Overvalued
Today
Please note that Thrivent High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Thrivent High Income has a current Real Value of $9.34 per share. The regular price of the fund is $9.73. We determine the value of Thrivent High Income from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Thrivent High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thrivent Mutual Fund. However, Thrivent High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.73 | Real 9.34 | Hype 9.73 | Naive 9.74 |
The intrinsic value of Thrivent High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Thrivent High's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Thrivent High Income helps investors to forecast how Thrivent mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thrivent High more accurately as focusing exclusively on Thrivent High's fundamentals will not take into account other important factors: About Thrivent High Valuation
Our relative valuation model uses a comparative analysis of Thrivent High. We calculate exposure to Thrivent High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Thrivent High's related companies.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.
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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