THRIVENT Mutual Fund Alpha and Beta Analysis

Mutual Funds . USA . 
Fund . THRIVENT AGGRESSIVE ALLOCATION
TAAAX Fund  USD 15.85  0.19  1.18%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as THRIVENT AGGRESSIVE ALLOCATION. It also helps investors analyze the systematic and unsystematic risks associated with investing in THRIVENT AGGRESSIVE over a specified time horizon. Remember, high THRIVENT AGGRESSIVE's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Check out THRIVENT AGGRESSIVE Backtesting, Portfolio Optimization, THRIVENT AGGRESSIVE Correlation, THRIVENT AGGRESSIVE Hype Analysis, THRIVENT AGGRESSIVE Volatility, THRIVENT AGGRESSIVE History and analyze THRIVENT AGGRESSIVE Performance.
  
Please note that although THRIVENT AGGRESSIVE alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, THRIVENT AGGRESSIVE did 0.06  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of THRIVENT AGGRESSIVE ALLOCATION fund's relative risk over its benchmark. THRIVENT AGGRESSIVE has a beta of 0.14  . Let's try to break down what THRIVENT's beta means in this case. As returns on the market increase, returns on owning THRIVENT AGGRESSIVE are expected to decrease at a much lower rate. During the bear market, THRIVENT AGGRESSIVE is likely to outperform the market.
.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

THRIVENT AGGRESSIVE Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. THRIVENT AGGRESSIVE market risk premium is the additional return an investor will receive from holding THRIVENT AGGRESSIVE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in THRIVENT AGGRESSIVE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate THRIVENT AGGRESSIVE's performance over market.
α0.06   β-0.14
90 days against NYA

THRIVENT AGGRESSIVE expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of THRIVENT AGGRESSIVE's Buy-and-hold return. Our buy-and-hold chart shows how THRIVENT AGGRESSIVE performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

THRIVENT AGGRESSIVE Market Price Analysis

Market price analysis indicators help investors to evaluate how THRIVENT AGGRESSIVE mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading THRIVENT AGGRESSIVE shares will generate the highest return on investment. By understating and applying THRIVENT AGGRESSIVE mutual fund market price indicators, traders can identify THRIVENT AGGRESSIVE position entry and exit signals to maximize returns.
Highest value over a specified period
Price Series Summation
Sine Of Price Series
Price Common Logarithm
Aroon Oscillator
Balance Of Power
Weighted Moving Average
Triple Exponential Moving Average
Kicking
Thrusting Pattern

THRIVENT AGGRESSIVE Return and Market Media

The median price of THRIVENT AGGRESSIVE for the period between Sun, Jan 1, 2023 and Sat, Apr 1, 2023 is 15.88 with a coefficient of variation of 2.57. The daily time series for the period is distributed with a sample standard deviation of 0.41, arithmetic mean of 15.83, and mean deviation of 0.34. The Fund received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Governor prioritizes property tax relief, education investme...01/25/2023
2
Managing Mutual Fund Holdings for Tax Efficiency - FEDweek02/01/2023
3
Vanguard tax exemptive relief fund design may face competiti...02/09/2023
4
Is Thrivent Aggressive Allocation A a Strong Mutual Fund Pic...03/03/2023

About THRIVENT AGGRESSIVE Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including THRIVENT or other funds. Alpha measures the amount that position in THRIVENT AGGRESSIVE has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards THRIVENT AGGRESSIVE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, THRIVENT AGGRESSIVE's short interest history, or implied volatility extrapolated from THRIVENT AGGRESSIVE options trading.

Build Portfolio with THRIVENT AGGRESSIVE

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out THRIVENT AGGRESSIVE Backtesting, Portfolio Optimization, THRIVENT AGGRESSIVE Correlation, THRIVENT AGGRESSIVE Hype Analysis, THRIVENT AGGRESSIVE Volatility, THRIVENT AGGRESSIVE History and analyze THRIVENT AGGRESSIVE Performance. Note that the THRIVENT AGGRESSIVE information on this page should be used as a complementary analysis to other THRIVENT AGGRESSIVE'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for THRIVENT Mutual Fund analysis

When running THRIVENT AGGRESSIVE price analysis, check to measure THRIVENT AGGRESSIVE'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 AGGRESSIVE is operating at the current time. Most of THRIVENT AGGRESSIVE's value examination focuses on studying past and present price action to predict the probability of THRIVENT AGGRESSIVE's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move THRIVENT AGGRESSIVE's price. Additionally, you may evaluate how the addition of THRIVENT AGGRESSIVE to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
THRIVENT AGGRESSIVE technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Overlap Analysis
View
Forecast Models
View
Price Shifting
View
Volatility Indicators
View
Value Movement
View
A focus of THRIVENT AGGRESSIVE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of THRIVENT AGGRESSIVE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2023 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY