Thrivent Mutual Fund Alpha and Beta Analysis

TWAAX
 Fund
  

USD 9.13  0.20  2.14%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Thrivent Partner Worldwide. It also helps investors analyze the systematic and unsystematic risks associated with investing in Thrivent Partner over a specified time horizon. Remember, high Thrivent Partner's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at Thrivent Partner Backtesting, Portfolio Optimization, Thrivent Partner Correlation, Thrivent Partner Hype Analysis, Thrivent Partner Volatility, Thrivent Partner History and analyze Thrivent Partner Performance.
  
Please note that although Thrivent Partner alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Thrivent Partner did 0.06  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Thrivent Partner Worldwide fund's relative risk over its benchmark. Thrivent Partner Wor has a beta of 0.0037  . Let's try to break down what Thrivent's beta means in this case. As returns on the market increase, Thrivent Partner returns are expected to increase less than the market. However, during the bear market, the loss on holding Thrivent Partner will be expected to be smaller as well.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Thrivent Partner Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Thrivent Partner market risk premium is the additional return an investor will receive from holding Thrivent Partner 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 Partner. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Thrivent Partner's performance over market.
α-0.06   β0.0037
90 days against DJI

Thrivent Partner expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Thrivent Partner's Buy-and-hold return. Our buy-and-hold chart shows how Thrivent Partner performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Thrivent Partner Market Price Analysis

Market price analysis indicators help investors to evaluate how Thrivent Partner mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Thrivent Partner shares will generate the highest return on investment. By understating and applying Thrivent Partner mutual fund market price indicators, traders can identify Thrivent Partner position entry and exit signals to maximize returns.

Thrivent Partner Return and Market Media

The median price of Thrivent Partner for the period between Fri, May 13, 2022 and Thu, Aug 11, 2022 is 9.12 with a coefficient of variation of 3.73. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 9.12, and mean deviation of 0.28. The Fund did not receive any noticable media coverage during the period.
 Price Growth (%)  
       Timeline  

About Thrivent Partner Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Thrivent Partner Wor has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Thrivent Partner Investors Sentiment

The influence of Thrivent Partner's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Thrivent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thrivent Partner in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thrivent Partner's short interest history, or implied volatility extrapolated from Thrivent Partner options trading.

Build Portfolio with Thrivent Partner

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, take a look at Thrivent Partner Backtesting, Portfolio Optimization, Thrivent Partner Correlation, Thrivent Partner Hype Analysis, Thrivent Partner Volatility, Thrivent Partner History and analyze Thrivent Partner Performance. Note that the Thrivent Partner Wor information on this page should be used as a complementary analysis to other Thrivent Partner'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Thrivent Mutual Fund analysis

When running Thrivent Partner Wor price analysis, check to measure Thrivent Partner'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 Partner is operating at the current time. Most of Thrivent Partner's value examination focuses on studying past and present price action to predict the probability of Thrivent Partner's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Thrivent Partner's price. Additionally, you may evaluate how the addition of Thrivent Partner to your portfolios can decrease your overall portfolio volatility.
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Thrivent Partner 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, stock market cycles, or different charting patterns.
A focus of Thrivent Partner technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Thrivent Partner trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...