Thrivent Municipal Bond Fund Manager Performance Evaluation
| TMBIX Fund | USD 10.20 0.00 0.00% |
The entity has a beta of 0.0152, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thrivent Municipal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrivent Municipal is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Thrivent Municipal Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Thrivent Municipal is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 28th of February 2023 | |
| Expense Ratio | 0.5100 |
Thrivent |
Thrivent Municipal Relative Risk vs. Return Landscape
If you would invest 1,041 in Thrivent Municipal Bond on September 29, 2024 and sell it today you would lose (21.00) from holding Thrivent Municipal Bond or give up 2.02% of portfolio value over 90 days. Thrivent Municipal Bond is currently producing negative expected returns and takes up 0.3188% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Thrivent, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Thrivent Municipal Current Valuation
Fairly Valued
Today
Please note that Thrivent Municipal's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Thrivent Municipal Bond has a current Real Value of $10.12 per share. The regular price of the fund is $10.2. We determine the value of Thrivent Municipal Bond 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 Municipal is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thrivent Mutual Fund. However, Thrivent Municipal'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 10.2 | Real 10.12 | Hype 10.2 |
The intrinsic value of Thrivent Municipal'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 Municipal'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 Municipal Bond 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 Municipal more accurately as focusing exclusively on Thrivent Municipal's fundamentals will not take into account other important factors: Thrivent Municipal Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Municipal's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thrivent Municipal Bond, and traders can use it to determine the average amount a Thrivent Municipal's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0999
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| Negative Returns | TMBIX |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thrivent Municipal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thrivent Municipal by adding Thrivent Municipal to a well-diversified portfolio.
Thrivent Municipal Fundamentals Growth
Thrivent Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thrivent Municipal, and Thrivent Municipal fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thrivent Mutual Fund performance.
| Total Asset | 378.72 M | ||||
About Thrivent Municipal Performance
Evaluating Thrivent Municipal's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Thrivent Municipal has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Thrivent Municipal has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
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 may count securities that generate income subject to the alternative minimum tax toward the 80 percent investment requirement.Things to note about Thrivent Municipal Bond performance evaluation
Checking the ongoing alerts about Thrivent Municipal for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thrivent Municipal Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Thrivent Municipal generated a negative expected return over the last 90 days | |
| The fund generated three year return of -1.0% | |
| Thrivent Municipal Bond maintains about 99.99% of its assets in bonds |
- Analyzing Thrivent Municipal's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thrivent Municipal's stock is overvalued or undervalued compared to its peers.
- Examining Thrivent Municipal's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Thrivent Municipal's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thrivent Municipal's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Thrivent Municipal's mutual fund. These opinions can provide insight into Thrivent Municipal's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Thrivent Mutual Fund
Thrivent Municipal 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 Municipal security.
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