Thrivent Large Cap Fund Market Value
| THLCX Fund | USD 23.28 0.05 0.22% |
| 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.
| 09/13/2024 |
| 11/12/2024 |
If you would invest 0.00 in Thrivent Large on September 13, 2024 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 60 days. Thrivent Large is related to or competes with Thrivent Partner, Thrivent Partner, Thrivent Limited, Thrivent Moderate, Thrivent High, Thrivent Diversified, and Thrivent Balanced. 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 | 1.17 | |||
| Information Ratio | 0.0345 | |||
| Maximum Drawdown | 5.04 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 2.06 |
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 | 0.1593 | |||
| Jensen Alpha | 0.0299 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0305 | |||
| Treynor Ratio | 0.1955 |
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
At this stage we consider Thrivent Mutual Fund to be very steady. Thrivent Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the fund had a 0.18% 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 Risk Adjusted Performance of 0.1593, semi deviation of 0.7935, and Coefficient Of Variation of 486.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. The entity has a beta of 1.03, which indicates a somewhat significant risk relative to the market. 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 | 0.48 |
Average predictability
Thrivent Large Cap has average predictability. Overlapping area represents the amount of predictability between Thrivent Large time series from 13th of September 2024 to 13th of October 2024 and 13th of October 2024 to 12th of November 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 0.48 indicates that about 48.0% of current Thrivent Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
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 |
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 Large 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 Large security.
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