Thrivent Low Volatility Fund Technical Analysis
| TLVOX Fund | USD 12.83 0.01 0.08% |
As of the 25th of April, Thrivent Low has the Coefficient Of Variation of 2145.33, risk adjusted performance of 0.0245, and Semi Deviation of 0.4081. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thrivent Low Volatility, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Thrivent Low Volatility, which can be compared to its competition. Please validate Thrivent Low Volatility information ratio and downside variance to decide if Thrivent Low is priced more or less accurately, providing market reflects its prevalent price of 12.83 per share.
Thrivent Low Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thrivent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThriventThrivent |
Thrivent Low 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.
Thrivent Low Volatility Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Thrivent Low Volatility volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Thrivent Low Volatility Trend Analysis
Use this graph to draw trend lines for Thrivent Low Volatility. You can use it to identify possible trend reversals for Thrivent Low as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Thrivent Low price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thrivent Low Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thrivent Low Volatility applied against its price change over selected period. The best fit line has a slop of 0 , which means Thrivent Low Volatility will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Thrivent Low price change compared to its average price change.About Thrivent Low Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Thrivent Low Volatility on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Thrivent Low Volatility based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Thrivent Low Volatility price pattern first instead of the macroeconomic environment surrounding Thrivent Low Volatility. By analyzing Thrivent Low's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Thrivent Low's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Thrivent Low specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thrivent Low April 25, 2024 Technical Indicators
Most technical analysis of Thrivent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Thrivent from various momentum indicators to cycle indicators. When you analyze Thrivent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0245 | |||
| Market Risk Adjusted Performance | 0.0263 | |||
| Mean Deviation | 0.327 | |||
| Semi Deviation | 0.4081 | |||
| Downside Deviation | 0.5022 | |||
| Coefficient Of Variation | 2145.33 | |||
| Standard Deviation | 0.4272 | |||
| Variance | 0.1825 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0163 | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.69) | |||
| Potential Upside | 0.7109 | |||
| Downside Variance | 0.2522 | |||
| Semi Variance | 0.1666 | |||
| Expected Short fall | (0.34) | |||
| Skewness | (0.09) | |||
| Kurtosis | 0.0133 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thrivent Low Volatility. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.