Thrivent Partner Price to Book vs. One Year Return
TWAAX Fund | USD 10.36 0.02 0.19% |
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.
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Thrivent Partner Wor One Year Return vs. Price to Book Fundamental Analysis
Thrivent One Year Return vs. Price to Book
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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.
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| = | 8.10 % |
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.
Thrivent One Year Return Comparison
Thrivent Partner is currently under evaluation in one year return among similar funds.
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 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 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.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 Cryptocurrency Thematic Idea Now
Cryptocurrency
Dynamically computed list of top cryptocurrencies sorted bymarket capitalization. The Cryptocurrency theme has 50 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 Cryptocurrency Theme or any other thematic opportunities.
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Check out 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 the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.