Thrivent Government Bond Fund Manager Performance Evaluation

TBFAX Fund  USD 8.74  0.01  0.11%   
The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thrivent Government's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrivent Government is expected to be smaller as well.

Risk-Adjusted Performance

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Over the last 90 days Thrivent Government Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Thrivent Government is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
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Expense Ratio Date28th of February 2023
Expense Ratio0.8000
  

Thrivent Government Relative Risk vs. Return Landscape

If you would invest  885.00  in Thrivent Government Bond on December 29, 2023 and sell it today you would lose (11.00) from holding Thrivent Government Bond or give up 1.24% of portfolio value over 90 days. Thrivent Government Bond is currently producing negative expected returns and takes up 0.3809% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Thrivent, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Thrivent Government is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 1.5 times less risky than the market. the firm trades about -0.05 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

Thrivent Government Current Valuation

Fairly Valued
Today
8.74
Please note that Thrivent Government's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Thrivent Government Bond has a current Real Value of $8.74 per share. The regular price of the fund is $8.74. We determine the value of Thrivent Government Bond from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Thrivent Government Bond is useful when determining the fair value of the Thrivent mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Thrivent Government. Since Thrivent Government is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thrivent Mutual Fund. However, Thrivent Government's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  8.74 Real  8.74 Hype  8.74 Naive  8.69
The real value of Thrivent Mutual Fund, also known as its intrinsic value, is the underlying worth of Thrivent Government Bond Mutual Fund, which is reflected in its stock price. It is based on Thrivent Government's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Thrivent Government's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Thrivent Government's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
8.74
Real Value
9.12
Upside
Estimating the potential upside or downside of Thrivent Government Bond helps investors to forecast how Thrivent mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Thrivent Government more accurately as focusing exclusively on Thrivent Government's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.738.748.75
Details
Hype
Prediction
LowEstimatedHigh
8.368.749.12
Details
Potential
Annual Dividend
LowForecastedHigh
0.040.040.04
Details

Thrivent Government Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Government's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thrivent Government Bond, and traders can use it to determine the average amount a Thrivent Government's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0511

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Estimated Market Risk

 0.38
  actual daily
3
97% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Thrivent Government is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thrivent Government by adding Thrivent Government to a well-diversified portfolio.

Thrivent Government Fundamentals Growth

Thrivent Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Thrivent Government, and Thrivent Government fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Thrivent Mutual Fund performance.

About Thrivent Government Performance

To evaluate Thrivent Government Bond Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Thrivent Government generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Thrivent Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Thrivent Government Bond market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Thrivent's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The fund invests at least 80 percent of its net assets in U.S. government bonds. U.S. government bonds are debt instruments issued or guaranteed by the U.S. government or its agencies and instrumentalities, including U.S. Treasuries, TIPS, U.S. government agency debt, and mortgage-backed securities issued or guaranteed by the Government National Mortgage Association , the Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation .

Things to note about Thrivent Government Bond performance evaluation

Checking the ongoing alerts about Thrivent Government for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Thrivent Government Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Thrivent Government generated a negative expected return over the last 90 days
The fund generated three year return of -2.0%
Thrivent Government Bond maintains about 5.81% of its assets in cash
Evaluating Thrivent Government's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Thrivent Government's mutual fund performance include:
  • Analyzing Thrivent Government's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Thrivent Government's stock is overvalued or undervalued compared to its peers.
  • Examining Thrivent Government's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Thrivent Government's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Thrivent Government's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Thrivent Government's mutual fund. These opinions can provide insight into Thrivent Government's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Thrivent Government's mutual fund performance is not an exact science, and many factors can impact Thrivent Government's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thrivent Government Bond. 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 nation.
Note that the Thrivent Government Bond information on this page should be used as a complementary analysis to other Thrivent Government'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running Thrivent Government's price analysis, check to measure Thrivent Government'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 Government is operating at the current time. Most of Thrivent Government's value examination focuses on studying past and present price action to predict the probability of Thrivent Government's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thrivent Government's price. Additionally, you may evaluate how the addition of Thrivent Government to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Thrivent Government's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thrivent Government is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent Government'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.