Thrivent Opportunity Competition

IIINX Fund

USD 9.11 0.01 0.11%

Thrivent Opportunity competes with Ep Emerging, Vy Jpmorgan, Artisan Emerging, Investec Emerging, and Black Oak; as well as few others. The fund is listed under Multisector Bond category and is part of Thrivent Funds family. Analyzing Thrivent Opportunity competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Thrivent Opportunity to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Thrivent Opportunity Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Thrivent Opportunity competition on your existing holdings.

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Hype

Prediction

Low	Estimated	High
8.93	9.11	9.29

Details

Intrinsic

Valuation

Low	Real	High
8.20	8.38	10.02

Details

Thrivent Opportunity Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Thrivent Opportunity and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Thrivent and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Thrivent Opportunity does not affect the price movement of the other competitor.

	EPASX	IJPTX	APDOX	ZEMIX	BOGSX	REMVX	ANGCX
EPASX		0.95	0.81	0.94	0.63	0.98	0.25	EPASX
IJPTX	0.95		0.81	0.97	0.78	0.98	0.17	IJPTX
APDOX	0.81	0.81		0.9	0.78	0.8	0.36	APDOX
ZEMIX	0.94	0.97	0.9		0.82	0.96	0.14	ZEMIX
BOGSX	0.63	0.78	0.78	0.82		0.71	-0.11	BOGSX
REMVX	0.98	0.98	0.8	0.96	0.71		0.21	REMVX
ANGCX	0.25	0.17	0.36	0.14	-0.11	0.21		ANGCX
	EPASX	IJPTX	APDOX	ZEMIX	BOGSX	REMVX	ANGCX

Click cells to compare fundamentals

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High positive correlations

REMVX	+ 0.98	EPASX
REMVX	+ 0.98	IJPTX
ZEMIX	+ 0.97	IJPTX
REMVX	+ 0.96	ZEMIX
IJPTX	+ 0.95	EPASX
ZEMIX	+ 0.94	EPASX

High negative correlations

ANGCX

- 0.11

BOGSX

Risk-Adjusted Indicators

There is a big difference between Thrivent Mutual Fund performing well and Thrivent Opportunity Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thrivent Opportunity's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
EPASX	0.75	0.04	(0.07)	0.35	0.98	(0.81)	1.54	(1.67)	6.54
IJPTX	0.73	(0.01)	(0.08)	0.14	0.82	(0.76)	1.54	(1.28)	4.37
APDOX	0.15	0.04	(0.65)	0.71	0.00	(0.21)	0.39	(0.19)	0.78
ZEMIX	0.64	0.06	(0.03)	0.31	0.77	(0.67)	1.48	(1.63)	4.20
BOGSX	0.99	(0.03)	0.02	0.14	1.17	(1.12)	2.71	(1.98)	7.42
REMVX	0.90	0.01	(0.06)	0.17	1.14	(0.92)	1.78	(2.04)	6.85
ANGCX	0.10	0.00	(0.93)	0.03	0.06	(0.15)	0.23	(0.23)	0.70

Unable to evaluate fundamental data of [EPASX, IJPTX, APDOX, ZEMIX, BOGSX, REMVX, ANGCX] at this time. Please try again later

All Fundamental Data

Thrivent Opportunity Competitive Analysis

The better you understand Thrivent Opportunity competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Thrivent Opportunity's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Thrivent Opportunity's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	IIINX	EPASX	IJPTX	APDOX	ZEMIX	BOGSX	REMVX	ANGCX
	0.11 9.11 Thrivent	2.20 10.24 EPASX	1.15 12.85 IJPTX	0.1 10.41 Artisan	0.45 11.13 Investec	0.72 8.36 Black	2.04 8.65 Rbc	0.23 8.55 Angel
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Not too volatile	Very steady
Market Performance (90 Days Performance)	OK	Modest	Modest	Strong	Good	Good	Modest	Insignificant
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Cautious Hold	Strong Hold	Strong Sell	Hold	Strong Hold	Hold	Sell
Net Asset	663.62 M	88.29 M	475.78 M	24.99 M	253.45 M	59.77 M	59.32 M	2.79 B
Minimum Initial Investment	2 K	N/A	N/A	N/A	N/A	2 K	250 K	N/A
Price To Book	0.94 X	3.63 X	2.45 X	N/A	N/A	3.49 X	N/A	0.47 X
Five Year Return	1.84 %	3.06 %	0.93 %	N/A	3.35 %	14.86 %	5.38 %	(0.62) %
One Year Return	11.91 %	13.85 %	17.80 %	13.98 %	24.42 %	35.73 %	19.03 %	9.35 %
Last Dividend Paid	0.02	N/A	N/A	N/A	0.14	N/A	0.03	0.03
Price To Earning	10.01 X	21.68 X	1.56 X	N/A	N/A	23.74 X	N/A	N/A
Price To Sales	2.66 X	2.32 X	1.62 X	N/A	N/A	1.65 X	N/A	0.07 X
Cash Position Weight	13.67 %	8.98 %	2.84 %	N/A	2.08 %	3.53 %	2.29 %	5.66 %
Equity Positions Weight	1.23 %	91.72 %	97.15 %	N/A	97.92 %	96.47 %	97.71 %	0.31 %
Three Year Return	0.83 %	(7.05) %	(8.25) %	N/A	(0.77) %	0.19 %	(0.85) %	(1.29) %
Annual Yield	0.05 %	0.01 %	0.01 %	0 %	0.02 %	N/A	0.04 %	0.05 %
Year To Date Return	4.72 %	6.84 %	5.96 %	9.39 %	16.06 %	17.25 %	9.91 %	6.33 %
Bond Positions Weight	69.24 %	N/A	0.01 %	N/A	N/A	N/A	N/A	2.06 %
Ten Year Return	3.81 %	N/A	4.17 %	N/A	N/A	11.54 %	N/A	N/A
Daily Balance Of Power	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	9.2 T	(9,223,372,036,855)	(9,223,372,036,855)
Day Typical Price	9.11	10.24	12.85	10.41	11.13	8.36	8.65	8.55
Period Momentum Indicator	0.01	(0.23)	(0.15)	0.01	(0.05)	0.06	(0.18)	(0.02)
Rate Of Daily Change	1.0	0.98	0.99	1.0	1.0	1.01	0.98	1.0
Day Median Price	9.11	10.24	12.85	10.41	11.13	8.36	8.65	8.55
Price Action Indicator	0.005	(0.12)	(0.07)	0.005	(0.03)	0.03	(0.09)	(0.01)
Coefficient Of Variation	658.76	1215.61	1014.1	277.03	645.44	674.2	1264.85	1533.55
Mean Deviation	0.1416	0.7498	0.7311	0.1454	0.6399	0.9871	0.8955	0.0999
Jensen Alpha	0.0184	0.0417	(0.01)	0.0433	0.06	(0.03)	0.0078	0.0042
Total Risk Alpha	(0.02)	(0.14)	(0.11)	0.0177	(0.06)	(0.09)	(0.17)	(0.03)
Sortino Ratio	(0.71)	(0.07)	(0.08)	(0.65)	(0.03)	0.021	(0.06)	(0.93)
Downside Variance	0.04	1.36	0.906	0.0248	0.9517	2.02	1.56	0.0293
Standard Deviation	0.1779	1.04	0.9435	0.1818	0.8683	1.33	1.21	0.1377
Kurtosis	0.7258	1.93	0.2264	0.1008	0.7937	1.5	1.3	1.52
Potential Upside	0.223	1.54	1.54	0.3925	1.48	2.71	1.78	0.2318
Treynor Ratio	(1.87)	0.351	0.1426	0.7112	0.3051	0.1356	0.174	0.0308
Maximum Drawdown	0.7705	6.54	4.37	0.7801	4.2	7.42	6.85	0.7023
Variance	0.0317	1.09	0.8901	0.033	0.7539	1.78	1.46	0.019
Market Risk Adjusted Performance	(1.86)	0.361	0.1526	0.7212	0.3151	0.1456	0.184	0.0408
Risk Adjusted Performance	0.0825	0.0652	0.0768	0.2421	0.1188	0.1169	0.0637	0.0044
Skewness	(0.10)	(0.04)	0.0491	0.458	(0.38)	(0.37)	0.2534	0.3259
Semi Deviation	0.0	0.9803	0.818	0.0	0.7692	1.17	1.14	0.0581
Information Ratio	(0.79)	(0.08)	(0.08)	(0.56)	(0.04)	0.0223	(0.06)	(1.16)
Value At Risk	(0.22)	(1.67)	(1.28)	(0.19)	(1.63)	(1.98)	(2.04)	(0.23)
Expected Short fall	(0.18)	(0.81)	(0.76)	(0.21)	(0.67)	(1.12)	(0.92)	(0.15)
Downside Deviation	0.2001	1.16	0.9518	0.1573	0.9756	1.42	1.25	0.1713
Semi Variance	(0)	0.961	0.6691	(0.05)	0.5917	1.37	1.3	0.0034

Thrivent Opportunity Competition Performance Charts

Five steps to successful analysis of Thrivent Opportunity Competition

Thrivent Opportunity's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Thrivent Opportunity in relation to its competition. Thrivent Opportunity's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Thrivent Opportunity in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Thrivent Opportunity's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Thrivent Opportunity, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Thrivent Opportunity position

In addition to having Thrivent Opportunity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Other Information on Investing in Thrivent Mutual Fund

Thrivent Opportunity 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 Opportunity security.

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