Thrivent Mutual Fund Manager Performance Evaluation

TMCGX -  USA Fund  

USD 16.95  0.20  1.19%

The entity has a beta of 0.1829, which indicates not very significant fluctuations relative to the market. Let's try to break down what Thrivent's beta means in this case. As returns on the market increase, Thrivent Mid returns are expected to increase less than the market. However, during the bear market, the loss on holding Thrivent Mid will be expected to be smaller as well. Even though it is essential to pay attention to Thrivent Mid Cap current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Thrivent Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Thrivent Mutual Fund Performance 

 
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Thrivent Performance
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Over the last 90 days Thrivent Mid Cap has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Thrivent Mid is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
Fifty Two Week Low14.30
Fifty Two Week High17.94
Annual Report Expense Ratio0.90%
Trailing Annual Dividend Yield76.72%

Thrivent Mid Relative Risk vs. Return Landscape

If you would invest  1,703  in Thrivent Mid Cap on August 29, 2021 and sell it today you would lose (8.00)  from holding Thrivent Mid Cap or give up 0.47% of portfolio value over 90 days. Thrivent Mid Cap is currently producing negative expected returns and takes up 1.0507% volatility of returns over 90 trading days. Put another way, 9% 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.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Thrivent Mid is expected to generate 1.4 times more return on investment than the market. However, the company is 1.4 times more volatile than its market benchmark. It trades about 0.0 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

Thrivent Mid Current Valuation

Fairly Valued
Today
16.95
27th of November 2021
Share
Please note that Thrivent Mid's price fluctuation is very steady at this time.
Thrivent Mid Cap has a current Real Value of $16.98 per share. The regular price of the fund is $16.95. At this time, the fund appears to be fairly valued. We determine the value of Thrivent Mid Cap from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued stocks and dropping overvalued stocks since, at some point, stock prices and their ongoing real values will draw towards each other.
Our valuation method for Thrivent Mid Cap 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 Mid. Since Thrivent Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Thrivent Mutual Fund. However, Thrivent Mid'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.
16.98
Real Value
18.03
Upside
Estimating the potential upside or downside of Thrivent Mid Cap 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 Mid more accurately as focusing exclusively on Thrivent Mid's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.5617.3218.10
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Hype
Prediction
LowEstimated ValueHigh
15.9016.9518.00
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Potential
Annual Dividend
LowIncome Per ShareHigh
0.140.140.14
Details

Thrivent Mid Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Thrivent Mid Cap, and traders can use it to determine the average amount a Thrivent Mid'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 = -0.0018

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Negative ReturnsTMCGX
Estimated Market Risk
 1.05
  actual daily
 
 9 %
of total potential
 
99
Expected Return
 0.0
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 0 %
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Based on monthly moving average Thrivent Mid is performing at about 0% of its full potential. 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 Mid by adding it to a well-diversified portfolio.

About Thrivent Mid Performance

To evaluate Thrivent Mid Cap 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 Mid 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 Mid Cap stock market performance in a much more refined way. At Macroaxis, we take it even further. 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.
Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of mid-sized companies. Thrivent Mid is traded on NASDAQ Exchange in the United States.

Things to note about Thrivent Mid Cap

Checking the ongoing alerts about Thrivent Mid for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Thrivent Mid Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Thrivent Mid Alerts

Equity Alerts and Improvement Suggestions

Thrivent Mid Cap generated a negative expected return over the last 90 days
The fund maintains 96.58% of its assets in stocks
Additionally, take a look at World Market Map. Note that the Thrivent Mid Cap information on this page should be used as a complementary analysis to other Thrivent Mid'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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