Thrivent ETF is trading at 39.80 as of the 23rd of November 2024, a 1.17 percent increase since the beginning of the trading day. The etf's lowest day price was 39.51. Thrivent ETF has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Thrivent ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of September 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Under normal market conditions, the fund will invest primarily in companies that have market capitalizations within the range of those companies included in widely known small and mid-cap indices, such as the Russell 2500 Index, SP MidCap 400 Index, SP SmallCap 600 Index, or the small- to mid-sized company market capitalization classifications published by Morningstar. More on Thrivent ETF Trust
Thrivent ETF Trust [TSME] is traded in USA and was established 2022-10-05. The fund is listed under Mid-Cap Blend category and is part of Thrivent family. The entity is thematically classified as Theme ETFs. Thrivent ETF Trust at this time have in assets. , while the total return for the last year was 42.1%.
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The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Thrivent ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Thrivent ETF Trust is a strong investment it is important to analyze Thrivent ETF's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thrivent ETF's future performance. For an informed investment choice regarding Thrivent Etf, refer to the following important reports:
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The market value of Thrivent ETF Trust is measured differently than its book value, which is the value of Thrivent that is recorded on the company's balance sheet. Investors also form their own opinion of Thrivent ETF's value that differs from its market value or its book value, called intrinsic value, which is Thrivent ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thrivent ETF's market value can be influenced by many factors that don't directly affect Thrivent ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thrivent ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thrivent ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.