Thrivent High Financials

LBHIX Fund  USD 4.16  0.01  0.24%   
Please exercise analysis of Thrivent High fundamentals to determine if markets are correctly pricing the entity. We were able to collect and analyze data for eighteen available drivers for Thrivent High Yield, which can be compared to its competition. The fund experiences a normal downward trend and little activity. Check odds of Thrivent High to be traded at $4.12 in 90 days.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Thrivent High Fund Summary

Thrivent High competes with Thrivent Limited, Thrivent Income, Thrivent Large, Thrivent Large, and Thrivent Opportunity. Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield, high risk bonds, notes, debentures and other debt obligations , or preferred stocks. These securities are commonly known as junk bonds.
High Yield Bond, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
Business AddressThrivent Mutual Funds
Mutual Fund FamilyThrivent Funds
Mutual Fund CategoryHigh Yield Bond
BenchmarkNYSE Composite
Phone800 847 4836
CurrencyUSD - US Dollar

Thrivent High Key Financial Ratios

Thrivent High's financial ratios allow both analysts and investors to convert raw data from Thrivent High's financial statements into concise, actionable information that can be used to evaluate the performance of Thrivent High over time and compare it to other companies across industries.

Thrivent Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thrivent High's current stock value. Our valuation model uses many indicators to compare Thrivent High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrivent High competition to find correlations between indicators driving Thrivent High's intrinsic value. More Info.
Thrivent High Yield is number one fund in price to earning among similar funds. It also is number one fund in price to book among similar funds fabricating about  0.04  of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Thrivent High Yield is roughly  22.46 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thrivent High's earnings, one of the primary drivers of an investment's value.

Thrivent High Yield Systematic Risk

Thrivent High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thrivent High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was eight with a total number of output elements of fifty-three. The Beta measures systematic risk based on how returns on Thrivent High Yield correlated with the market. If Beta is less than 0 Thrivent High generally moves in the opposite direction as compared to the market. If Thrivent High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thrivent High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thrivent High is generally in the same direction as the market. If Beta > 1 Thrivent High moves generally in the same direction as, but more than the movement of the benchmark.
Thrivent High Yield is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Bond category is currently estimated at about 7.79 Billion. Thrivent High holds roughly 674.44 Million in net asset claiming about 9% of all funds under High Yield Bond category.

Thrivent High June 16, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Thrivent High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thrivent High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thrivent High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Thrivent Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thrivent High's daily price indicators and compare them against related drivers.

Other Information on Investing in Thrivent Mutual Fund

Thrivent High 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 High security.
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