Thrivent Natural Correlations
TREIX Fund | USD 9.86 0.01 0.10% |
The current 90-days correlation between Thrivent Natural Res and Jennison Natural Resources is 0.18 (i.e., Average diversification). The correlation of Thrivent Natural 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Thrivent |
Moving together with Thrivent Mutual Fund
0.93 | VTSAX | Vanguard Total Stock | PairCorr |
0.93 | VFIAX | Vanguard 500 Index | PairCorr |
0.93 | VTSMX | Vanguard Total Stock | PairCorr |
0.93 | VITSX | Vanguard Total Stock | PairCorr |
0.93 | VSTSX | Vanguard Total Stock | PairCorr |
0.93 | VSMPX | Vanguard Total Stock | PairCorr |
0.93 | VFINX | Vanguard 500 Index | PairCorr |
0.93 | VFFSX | Vanguard 500 Index | PairCorr |
0.94 | VGTSX | Vanguard Total Inter | PairCorr |
0.94 | VTIAX | Vanguard Total Inter | PairCorr |
0.7 | NHS | Neuberger Berman High | PairCorr |
0.9 | PFE | Pfizer Inc | PairCorr |
0.64 | XOM | Exxon Mobil Corp | PairCorr |
0.79 | AA | Alcoa Corp | PairCorr |
0.81 | DD | Dupont De Nemours | PairCorr |
0.94 | CSCO | Cisco Systems | PairCorr |
0.93 | IBM | International Business Earnings Call This Week | PairCorr |
0.89 | DIS | Walt Disney | PairCorr |
0.86 | CVX | Chevron Corp | PairCorr |
0.94 | CAT | Caterpillar | PairCorr |
0.85 | BA | Boeing | PairCorr |
0.94 | MSFT | Microsoft | PairCorr |
Moving against Thrivent Mutual Fund
0.53 | KO | Coca Cola Earnings Call This Week | PairCorr |
0.47 | VZ | Verizon Communications Earnings Call Tomorrow | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Thrivent Mutual Fund performing well and Thrivent Natural Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Thrivent Natural's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
PNRCX | 0.67 | 0.21 | 0.14 | 2.12 | 0.35 | 1.74 | 3.80 | |||
ICBAX | 0.93 | 0.12 | 0.10 | 0.26 | 0.80 | 2.15 | 5.13 | |||
VENAX | 1.03 | 0.10 | 0.02 | 0.40 | 1.07 | 2.33 | 5.17 | |||
XEMOX | 0.90 | (0.02) | (0.07) | 0.09 | 1.18 | 1.97 | 5.15 | |||
BACCX | 0.84 | 0.12 | 0.01 | 0.79 | 0.83 | 1.65 | 4.39 | |||
GMOWX | 1.21 | 0.25 | 0.14 | 0.66 | 1.04 | 2.81 | 7.36 | |||
FIKAX | 1.03 | 0.15 | 0.06 | 0.53 | 0.96 | 2.43 | 5.04 | |||
FRNRX | 0.70 | 0.14 | 0.07 | 0.63 | 0.50 | 1.71 | 3.68 | |||
ENPSX | 1.50 | 0.11 | 0.03 | 0.32 | 1.60 | 3.39 | 7.76 |