THRIVENT PARTNER Price to Book vs. Net Asset

TWAAX Fund  USD 9.63  0.01  0.10%   
For THRIVENT PARTNER profitability analysis, we use financial ratios and fundamental drivers that measure the ability of THRIVENT PARTNER to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well THRIVENT PARTNER WORLDWIDE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between THRIVENT PARTNER's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of THRIVENT PARTNER WORLDWIDE over time as well as its relative position and ranking within its peers. Additionally, take a look at World Market Map.
  
Please note, there is a significant difference between THRIVENT PARTNER's value and its price as these two are different measures arrived at by different means. Investors typically determine THRIVENT PARTNER value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THRIVENT PARTNER'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.

THRIVENT PARTNER WOR Net Asset vs. Price to Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining THRIVENT PARTNER's current stock value. Our valuation model uses many indicators to compare THRIVENT PARTNER value to that of its competitors to determine the firm's financial worth.
THRIVENT PARTNER WORLDWIDE is rated top fund in price to book among similar funds. It is rated top fund in net asset among similar funds making up about  491,321,678  of Net Asset per Price to Book. . Comparative valuation analysis is a catch-all model that can be used if you cannot value THRIVENT PARTNER by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for THRIVENT PARTNER's Mutual Fund . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the THRIVENT PARTNER's earnings, one of the primary drivers of an investment's value.

THRIVENT Net Asset vs. Price to Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
THRIVENT PARTNER 
P/B 
 = 
MV Per Share 
BV Per Share 
1.43 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
THRIVENT PARTNER 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
702.59 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

THRIVENT Net Asset Comparison

THRIVENT PARTNER is currently under evaluation in net asset among similar funds.

THRIVENT PARTNER Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in THRIVENT PARTNER, profitability is also one of the essential criteria for including it into their portfolios because, without profit, THRIVENT PARTNER will eventually generate negative long term returns. The profitability progress is the general direction of THRIVENT PARTNER's change in net profit over the period of time. It can combine multiple indicators of THRIVENT PARTNER, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund seeks to achieve its objective by investing primarily in equity securities of issuers throughout the world. Thrivent Partner is traded on NASDAQ Exchange in the United States.

THRIVENT Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on THRIVENT PARTNER. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of THRIVENT PARTNER position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the THRIVENT PARTNER's important profitability drivers and their relationship over time.

Use THRIVENT PARTNER in pair-trading

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 PARTNER 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 PARTNER will appreciate offsetting losses from the drop in the long position's value.

THRIVENT PARTNER Pair Trading

THRIVENT PARTNER WORLDWIDE Pair Trading Analysis

The ability to find closely correlated positions to THRIVENT PARTNER 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 PARTNER 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 PARTNER - 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 PARTNER WORLDWIDE to buy it.
The correlation of THRIVENT PARTNER is a statistical measure of how it moves in relation to other equities. 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 PARTNER moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if THRIVENT PARTNER WOR 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 PARTNER 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your THRIVENT PARTNER position

In addition to having THRIVENT PARTNER in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Emerging Markets Thematic Idea Now

Emerging Markets
Emerging Markets Theme
Fund or Etfs that invest in markets of developing countries. The Emerging Markets theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets Theme or any other thematic opportunities.
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Additionally, take a look at World Market Map. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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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.
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To fully project THRIVENT PARTNER's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of THRIVENT PARTNER WOR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include THRIVENT PARTNER's income statement, its balance sheet, and the statement of cash flows.
Potential THRIVENT PARTNER investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although THRIVENT PARTNER investors may work on each financial statement separately, they are all related. The changes in THRIVENT PARTNER's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on THRIVENT PARTNER's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.