Thrivent Income Fund Price on May 14, 2024
| LBIIX Fund | USD 8.25 0.03 0.36% |
Below is the normalized historical share price chart for Thrivent Income Fund extending back to February 17, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Thrivent Income stands at 8.25, as last reported on the 4th of December, with the highest price reaching 8.25 and the lowest price hitting 8.25 during the day.
If you're considering investing in Thrivent Mutual Fund, it is important to understand the factors that can impact its price. Thrivent Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0358, which indicates the fund had a -0.0358% return per unit of risk over the last 3 months. Thrivent Income Fund exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thrivent Income's insignificant Risk Adjusted Performance, semi deviation of 0.2858, and Coefficient Of Variation of 7410.2 to confirm the risk estimate we provide.
Thrivent Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thrivent |
Sharpe Ratio = -0.0358
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LBIIX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Thrivent Income is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Thrivent Income by adding Thrivent Income to a well-diversified portfolio.
Thrivent Income Valuation on May 14, 2024
It is possible to determine the worth of Thrivent Income on a given historical date. On May 14, 2024 Thrivent was worth 7.8 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thrivent Income mutual fund. Still, in general, we apply an absolute valuation method to find Thrivent Income's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Thrivent Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thrivent Income's related companies.
| Open | High | Low | Close | Volume | |
| 7.78 | 7.78 | 7.78 | 7.78 | 1.00 | |
05/14/2024 | 7.80 | 7.80 | 7.80 | 7.80 | 1.00 |
| 7.85 | 7.85 | 7.85 | 7.85 | 1.00 |
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Thrivent Income Trading Date Momentum on May 14, 2024
| On May 15 2024 Thrivent Income Fund was traded for 7.85 at the closing time. The highest daily price throughout the period was 7.85 and the lowest price was 7.85 . There was no trading activity during the period 1.0. Lack of trading volume on 05/15/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.64% . The trading price change to current closing price is 0.00% . |
Thrivent Income Fundamentals Correlations and Trends
By evaluating Thrivent Income's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Thrivent Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Thrivent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Thrivent Income Mutual Fund history
Thrivent Income investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Thrivent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Thrivent Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Thrivent Income stock prices may prove useful in developing a viable investing in Thrivent Income
The principal strategies of the fund are to invest in investment-grade corporate bonds, government bonds, asset-backed securities, mortgage-backed securities, and other types of debt securities. Under normal conditions, at least 65 percent of its assets will be invested in investment grade debt securities or preferred stock.
Thrivent Income Mutual Fund Technical Analysis
Thrivent Income 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.
Price Boundaries
Thrivent Income Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Thrivent Income Fund cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Thrivent Income December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Thrivent Income 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 Income shares will generate the highest return on investment. By undertsting and applying Thrivent Income mutual fund market strength indicators, traders can identify Thrivent Income Fund entry and exit signals to maximize returns
Thrivent Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thrivent Income's price direction in advance. Along with the technical and fundamental analysis of Thrivent Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Thrivent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.16 |
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Other Information on Investing in Thrivent Mutual Fund
Thrivent Income financial ratios help investors to determine whether Thrivent Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thrivent with respect to the benefits of owning Thrivent Income security.
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