Thrivent High Financials
| LBHIX Fund | USD 4.11 0.01 0.24% |
Thrivent |
Please note that past performance is not an indicator of the future performance of Thrivent High, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Thrivent High Fund Summary
Thrivent High competes with Thrivent Limited, Thrivent Income, Thrivent Large, Thrivent Large, and Thrivent Opportunity. Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield, high risk bonds, notes, debentures and other debt obligations , or preferred stocks. These securities are commonly known as junk bonds.Specialization | High Yield Bond, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US8858827798 |
| Business Address | Thrivent Mutual Funds |
| Mutual Fund Family | Thrivent Funds |
| Mutual Fund Category | High Yield Bond |
| Benchmark | NYSE Composite |
| Phone | 800 847 4836 |
| Currency | USD - US Dollar |
You should never invest in Thrivent High Yield without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Thrivent Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Thrivent High's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Thrivent High Key Financial Ratios
Generally speaking, Thrivent High's financial ratios allow both analysts and investors to convert raw data from Thrivent High's financial statements into concise, actionable information that can be used to evaluate the performance of Thrivent High over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Thrivent High Yield reports annually and quarterly.Thrivent Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thrivent High's current stock value. Our valuation model uses many indicators to compare Thrivent High value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thrivent High competition to find correlations between indicators driving Thrivent High's intrinsic value. More Info.Thrivent High Yield is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Thrivent High Yield is roughly 22.46 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thrivent High by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thrivent High'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 High's earnings, one of the primary drivers of an investment's value.Thrivent High Yield Systematic Risk
Thrivent High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thrivent High volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Thrivent High Yield correlated with the market. If Beta is less than 0 Thrivent High generally moves in the opposite direction as compared to the market. If Thrivent High Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thrivent High Yield is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thrivent High is generally in the same direction as the market. If Beta > 1 Thrivent High moves generally in the same direction as, but more than the movement of the benchmark.
Thrivent High April 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Thrivent High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thrivent High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thrivent High Yield based on widely used predictive technical indicators. In general, we focus on analyzing Thrivent Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thrivent High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3503 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 1.21 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.4854 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Thrivent High Yield. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.