Thrivent Mutual Fund Volatility


USD 9.13  0.20  2.14%   

Thrivent Partner Wor owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0124, which indicates the fund had -0.0124% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Thrivent Partner Worldwide exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Thrivent Partner coefficient of variation of (2,804), and Risk Adjusted Performance of (0.044916) to confirm the risk estimate we provide.
Thrivent Partner Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Thrivent daily returns, and it is calculated using variance and standard deviation. We also use Thrivent's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Thrivent Partner volatility.

720 Days Market Risk

Not too volatile

Chance of Distress

Below Average

720 Days Economic Sensitivity

Barely shadows the market
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Thrivent Partner can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game. Here, they may decide to buy additional stocks of Thrivent Partner at lower prices. For example, an investor can purchase Thrivent stock that has halved in price over a short period. This will lower your average cost per share, thereby improving your portfolio's performance when the markets normalize. Similarly, when the prices of Thrivent Partner's stock rises, investors can sell out and invest the proceeds in other equities with better opportunities. Investing when markets are volatile with better valuations will accord both investors and companies the opportunity to generate better long-term returns.

Moving together with Thrivent Partner

0.99VTSNXVanguard Total InterPairCorr
0.99VTISXVanguard Total InterPairCorr
0.99VTPSXVanguard Total IntlPairCorr
0.94VTIAXVanguard Total InterPairCorr
0.93VGTSXVanguard Total InterPairCorr
1.0VTMNXVanguard DevelopedPairCorr
1.0VDIPXVanguard DevelopedPairCorr

Moving against Thrivent Partner

0.63GPMFXGuidepath Managed FuturesPairCorr

Thrivent Partner Market Sensitivity And Downside Risk

Thrivent Partner's beta coefficient measures the volatility of Thrivent mutual fund compared to the systematic risk of the entire stock market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Thrivent mutual fund's returns against your selected market. In other words, Thrivent Partner's beta of 0.0037 provides an investor with an approximation of how much risk Thrivent Partner mutual fund can potentially add to one of your existing portfolios.
Thrivent Partner Worldwide exhibits very low volatility with skewness of -0.18 and kurtosis of 0.08. However, we advise investors to further study Thrivent Partner Worldwide technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Thrivent Partner's mutual fund risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Thrivent Partner's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Thrivent Partner Implied Volatility

Thrivent Partner's implied volatility exposes the market's sentiment of Thrivent Partner Worldwide stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Thrivent Partner's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Thrivent Partner stock will not fluctuate a lot when Thrivent Partner's options are near their expiration.
3 Months Beta |Analyze Thrivent Partner Wor Demand Trend
Check current 90 days Thrivent Partner correlation with market (DOW)

Thrivent Beta

Thrivent standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. Typical volatile equity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.

Standard Deviation

It is essential to understand the difference between upside risk (as represented by Thrivent Partner's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Thrivent Partner stock's daily returns or price. Since the actual investment returns on holding a position in Thrivent Partner stock tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Thrivent Partner.

Thrivent Partner Wor Mutual Fund Volatility Analysis

Volatility refers to the frequency at which Thrivent Partner stock price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Thrivent Partner's price changes. Investors will then calculate the volatility of Thrivent Partner's stock to predict their future moves. A stock that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A stock with relatively stable price changes has low volatility. A highly volatile stock is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Thrivent Partner's volatility:

Historical Volatility

This type of stock volatility measures Thrivent Partner's fluctuations based on previous trends. It's commonly used to predict Thrivent Partner's future behavior based on its past. However, it cannot conclusively determine the future direction of the stock.

Implied Volatility

This type of volatility provides a positive outlook on future price fluctuations for Thrivent Partner's current market price. This means that the stock will return to its initially predicted market price.
The output start index for this execution was zero with a total number of output elements of sixty-one. Developed by Larry Williams, the Weighted Close is the average of Thrivent Partner Wor high, low and close of a chart with the close values weighted twice. It can be used to smooth an indicator that normally takes only Thrivent Partner closing price as input.

Thrivent Partner Projected Return Density Against Market

Assuming the 90 days horizon Thrivent Partner has a beta of 0.0037 . This usually implies as returns on the market go up, Thrivent Partner average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Thrivent Partner Worldwide will be expected to be much smaller as well.
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thrivent Partner or Thrivent Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thrivent Partner stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thrivent stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Thrivent Partner Wor is significantly underperforming DOW.
   Predicted Return Density   
Thrivent Partner's volatility is measured either by using standard deviation or beta. Standard deviation will reflect the average amount of how Thrivent Partner stock's price will differ from the mean after some time.To get its calculation, you should first determine the mean price during the specified period then subtract that from each price point.

What Drives a Company's Stock Price Volatility?

Several factors can influence a company's stock volatility:


Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.

Political and Economic environment

When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.

The Company's Performance

Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.

Thrivent Partner Mutual Fund Risk Measures

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Thrivent Partner or Thrivent Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Thrivent Partner stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Thrivent stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Assuming the 90 days horizon the coefficient of variation of Thrivent Partner is -8058.65. The daily returns are distributed with a variance of 1.7 and standard deviation of 1.3. The mean deviation of Thrivent Partner Worldwide is currently at 1.02. For similar time horizon, the selected benchmark (DOW) has volatility of 1.27
Alpha over DOW
Beta against DOW0.0037
Overall volatility
Information ratio -0.06

Thrivent Partner Mutual Fund Return Volatility

Thrivent Partner historical daily return volatility represents how much Thrivent Partner stock's price daily returns swing around its mean daily price change - it is a statistical measure of its dispersion of returns. The fund shows 1.3032% volatility of returns over 90 . By contrast, DOW inherits 1.2677% risk (volatility on return distribution) over the 90 days horizon.
 Performance (%) 

About Thrivent Partner Volatility

Volatility is a rate at which the price of Thrivent Partner or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Thrivent Partner may increase or decrease. In other words, similar to Thrivent's beta indicator, it measures the risk of Thrivent Partner and helps estimate the fluctuations that may happen in a short period of time. So if prices of Thrivent Partner fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.
The fund seeks to achieve its objective by investing primarily in equity securities of issuers throughout the world. It seeks to diversify its portfolio broadly among developed and emerging countries and among multiple asset classes. Under normal market conditions, the fund invests at least 40 percent of its net assets in foreign assets. If market conditions are not deemed favorable by the Adviser, the fund could invest a lower percentage, but at least 30 percent of its net assets in foreign assets.

Thrivent Partner Investment Opportunity

Thrivent Partner Worldwide has a volatility of 1.3 and is 1.02 times more volatile than DOW. 11  of all equities and portfolios are less risky than Thrivent Partner. Compared to the overall equity markets, volatility of historical daily returns of Thrivent Partner Worldwide is lower than 11 () of all global equities and portfolios over the last 90 days.

Thrivent Partner Additional Risk Indicators

The analysis of Thrivent Partner's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Thrivent Partner's investment and either accepting that risk or mitigating it. Along with some common measures of Thrivent Partner stock risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Risk Adjusted Performance(0.044916)
Market Risk Adjusted Performance(15.36)
Mean Deviation1.02
Coefficient Of Variation(2,804)
Standard Deviation1.31
Information Ratio(0.06)
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thrivent Partner Suggested Diversification Pairs

Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Thrivent Partner as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Thrivent Partner's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Thrivent Partner's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Thrivent Partner Worldwide.
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 CEO Directory module to screen CEOs from public companies around the world.

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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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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.