Thrivent Large Cap Fund One Year Return
| AAAGX Fund | USD 16.18 0.24 1.51% |
Thrivent Large Cap fundamentals help investors to digest information that contributes to Thrivent Large's financial success or failures. It also enables traders to predict the movement of Thrivent Mutual Fund. The fundamental analysis module provides a way to measure Thrivent Large's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thrivent Large mutual fund.
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Thrivent Large Cap Mutual Fund One Year Return Analysis
Thrivent Large's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Thrivent Large One Year Return | 33.92 % |
Most of Thrivent Large's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thrivent Large Cap is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, Thrivent Large Cap has an One Year Return of 33.9233%. This is much higher than that of the Thrivent Funds family and significantly higher than that of the Large Growth category. The one year return for all United States funds is notably lower than that of the firm.
Thrivent One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thrivent Large's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Thrivent Large could also be used in its relative valuation, which is a method of valuing Thrivent Large by comparing valuation metrics of similar companies.Thrivent Large is currently under evaluation in one year return among similar funds.
Fund Asset Allocation for Thrivent Large
The fund consists of 97.34% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Thrivent Large's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Thrivent Fundamentals
| Price To Earning | 23.84 X | ||||
| Price To Book | 3.86 X | ||||
| Price To Sales | 3.21 X | ||||
| Total Asset | 395.66 M | ||||
| Year To Date Return | 5.69 % | ||||
| One Year Return | 33.92 % | ||||
| Three Year Return | 4.67 % | ||||
| Five Year Return | 14.45 % | ||||
| Ten Year Return | 14.23 % | ||||
| Net Asset | 2.17 B | ||||
| Cash Position Weight | 2.67 % | ||||
| Equity Positions Weight | 97.34 % |
About Thrivent Large Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thrivent Large Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thrivent Large using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thrivent Large Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Thrivent Large
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thrivent Large position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thrivent Large will appreciate offsetting losses from the drop in the long position's value.Moving together with Thrivent Mutual Fund
| 0.92 | TWAAX | Thrivent Partner Wor | PairCorr |
| 0.92 | TWAIX | Thrivent Partner Wor | PairCorr |
| 1.0 | THLCX | Thrivent Large Cap | PairCorr |
| 0.73 | THLIX | Thrivent Limited Maturity | PairCorr |
| 0.97 | THMAX | Thrivent Moderate | PairCorr |
The ability to find closely correlated positions to Thrivent Large could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thrivent Large when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thrivent Large - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thrivent Large Cap to buy it.
The correlation of Thrivent Large is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thrivent Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thrivent Large Cap moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thrivent Large can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Thrivent Large Cap. 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 price. Note that the Thrivent Large Cap information on this page should be used as a complementary analysis to other Thrivent Large'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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .