Thrivent Large Cap Fund Market Value
| TLVIX Fund | USD 28.98 0.12 0.42% |
| Symbol | Thrivent |
Thrivent Large '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 Large'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 Large.
| 09/26/2022 |
| 04/18/2024 |
If you would invest 0.00 in Thrivent Large on September 26, 2022 and sell it all today you would earn a total of 0.00 from holding Thrivent Large Cap or generate 0.0% return on investment in Thrivent Large over 570 days. Thrivent Large is related to or competes with Dodge Cox, American Funds, American Funds, American Mutual, and Vanguard Value. The fund invests at least 80 percent of its net assets in equity securities of large companies More
Thrivent Large 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 Large'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 Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6939 | |||
| Information Ratio | 0.0202 | |||
| Maximum Drawdown | 2.79 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.9521 |
Thrivent Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Large's standard deviation. In reality, there are many statistical measures that can use Thrivent Large historical prices to predict the future Thrivent Large's volatility.| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.0168 | |||
| Total Risk Alpha | 0.0136 | |||
| Sortino Ratio | 0.0179 | |||
| Treynor Ratio | 0.064 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thrivent Large's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thrivent Large Cap Backtested Returns
We consider Thrivent Large very steady. Thrivent Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thrivent Large Cap, which you can use to evaluate the volatility of the fund. Please validate Thrivent Large's Coefficient Of Variation of 904.73, semi deviation of 0.5997, and Risk Adjusted Performance of 0.0694 to confirm if the risk estimate we provide is consistent with the expected return of 0.081%. The entity has a beta of 0.9, which indicates possible diversification benefits within a given portfolio. Thrivent Large returns are very sensitive to returns on the market. As the market goes up or down, Thrivent Large is expected to follow.
Auto-correlation | -0.03 |
Very weak reverse predictability
Thrivent Large Cap has very weak reverse predictability. Overlapping area represents the amount of predictability between Thrivent Large time series from 26th of September 2022 to 8th of July 2023 and 8th of July 2023 to 18th of April 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 Large Cap price movement. The serial correlation of -0.03 indicates that only 3.0% of current Thrivent Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.49 |
Thrivent Large Cap lagged returns against current returns
Autocorrelation, which is Thrivent Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Thrivent Large returns to help us make a trade decision. For example, suppose you find that Thrivent Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thrivent Large Lagged Returns
When evaluating Thrivent Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Large mutual fund have on its future price. Thrivent Large 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 Large autocorrelation shows the relationship between Thrivent Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Large Cap.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Thrivent Large Correlation, Thrivent Large Volatility and Thrivent Large Alpha and Beta module to complement your research on Thrivent Large. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Thrivent Large 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.