THRIVENT Mutual Fund Quote

TAAAX Fund  USD 16.26  0.23  1.43%   
Market Performance
10 of 100
Odds Of Distress
Less than 1
THRIVENT AGGRESSIVE is trading at 16.26 as of the 2nd of February 2023; that is 1.43 percent increase since the beginning of the trading day. The fund's open price was 16.03. THRIVENT AGGRESSIVE has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for THRIVENT AGGRESSIVE ALLOCATION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of February 2021 and ending today, the 2nd of February 2023. Click here to learn more.
CUSIP
885882332
ISIN
US8858823326
Fiscal Year End
October
The fund pursues its objective by investing in a combination of other funds managed by the Adviser and directly held financial instruments. Thrivent Aggressive is traded on NASDAQ Exchange in the United States. More on THRIVENT AGGRESSIVE ALLOCATION

Moving together with THRIVENT AGGRESSIVE

+0.63CSCOCisco Systems Sell-off TrendPairCorr

THRIVENT AGGRESSIVE Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. THRIVENT AGGRESSIVE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding THRIVENT AGGRESSIVE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of THRIVENT AGGRESSIVE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldOvervalued
Startdate30th of April 2018
THRIVENT AGGRESSIVE ALLOCATION [TAAAX] is traded in USA and was established 2nd of February 2023. The fund is listed under Allocation--85%+ Equity category and is part of Thrivent Funds family. THRIVENT AGGRESSIVE at this time has accumulated 1.75 B in assets with no minimum investment requirements, while the total return for the last 3 years was 5.26%.
Check THRIVENT AGGRESSIVE Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on THRIVENT Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding THRIVENT Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as THRIVENT AGGRESSIVE ALLOCATION Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top THRIVENT AGGRESSIVE ALLOCATION Mutual Fund Constituents

THRIVENT AGGRESSIVE Target Price Odds Analysis

Based on a normal probability distribution, the odds of THRIVENT AGGRESSIVE jumping above the current price in 90 days from now is roughly 2.28%. The THRIVENT AGGRESSIVE ALLOCATION probability density function shows the probability of THRIVENT AGGRESSIVE mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon THRIVENT AGGRESSIVE ALLOCATION has a beta of -0.1469. This usually implies as returns on benchmark increase, returns on holding THRIVENT AGGRESSIVE are expected to decrease at a much lower rate. During the bear market, however, THRIVENT AGGRESSIVE ALLOCATION is likely to outperform the market. Additionally, the company has an alpha of 0.1436, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.26HorizonTargetOdds Above 16.26
97.66%90 days
 16.26 
2.28%
Based on a normal probability distribution, the odds of THRIVENT AGGRESSIVE to move above the current price in 90 days from now is roughly 2.28 (This THRIVENT AGGRESSIVE ALLOCATION probability density function shows the probability of THRIVENT Mutual Fund to fall within a particular range of prices over 90 days) .

THRIVENT AGGRESSIVE Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. THRIVENT AGGRESSIVE market risk premium is the additional return an investor will receive from holding THRIVENT AGGRESSIVE long position in a well-diversified portfolio. 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 AGGRESSIVE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although THRIVENT AGGRESSIVE's alpha and beta are two of the key measurements used to evaluate THRIVENT AGGRESSIVE's performance over the market, the standard measures of volatility play an important role as well.

THRIVENT AGGRESSIVE Against Markets

Picking the right benchmark for THRIVENT AGGRESSIVE mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in THRIVENT AGGRESSIVE mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for THRIVENT AGGRESSIVE is critical whether you are bullish or bearish towards THRIVENT AGGRESSIVE ALLOCATION at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in THRIVENT AGGRESSIVE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in THRIVENT AGGRESSIVE ALLOCATION?

The danger of trading THRIVENT AGGRESSIVE ALLOCATION is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of THRIVENT AGGRESSIVE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than THRIVENT AGGRESSIVE. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile THRIVENT AGGRESSIVE is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the THRIVENT AGGRESSIVE information on this page should be used as a complementary analysis to other THRIVENT AGGRESSIVE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running THRIVENT AGGRESSIVE price analysis, check to measure THRIVENT AGGRESSIVE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy THRIVENT AGGRESSIVE is operating at the current time. Most of THRIVENT AGGRESSIVE's value examination focuses on studying past and present price action to predict the probability of THRIVENT AGGRESSIVE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move THRIVENT AGGRESSIVE's price. Additionally, you may evaluate how the addition of THRIVENT AGGRESSIVE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between THRIVENT AGGRESSIVE's value and its price as these two are different measures arrived at by different means. Investors typically determine THRIVENT AGGRESSIVE value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THRIVENT AGGRESSIVE'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.