Thrivent Money Market Fund Market Value
| AALXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Thrivent |
Please note, there is a significant difference between Thrivent Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thrivent Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thrivent Money'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.
Thrivent Money 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Thrivent Money's money market fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Thrivent Money.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Thrivent Money on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Thrivent Money Market or generate 0.0% return on investment in Thrivent Money over 30 days. Thrivent Money is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Thrivent Money is entity of United States More
Thrivent Money Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Thrivent Money's money market fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Thrivent Money Market upside and downside potential and time the market with a certain degree of confidence.
Thrivent Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Money's standard deviation. In reality, there are many statistical measures that can use Thrivent Money historical prices to predict the future Thrivent Money's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thrivent Money's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Thrivent Money Market Backtested Returns
We have found three technical indicators for Thrivent Money Market, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Thrivent Money are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Thrivent Money Market has no correlation between past and present. Overlapping area represents the amount of predictability between Thrivent Money time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Thrivent Money Market price movement. The serial correlation of 0.0 indicates that just 0.0% of current Thrivent Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thrivent Money Market lagged returns against current returns
Autocorrelation, which is Thrivent Money money market fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Thrivent Money's money market fund expected returns. We can calculate the autocorrelation of Thrivent Money returns to help us make a trade decision. For example, suppose you find that Thrivent Money has exhibited high autocorrelation historically, and you observe that the money market fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Thrivent Money regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Thrivent Money money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Money money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thrivent Money money market fund over time.
Current vs Lagged Prices |
| Timeline |
Thrivent Money Lagged Returns
When evaluating Thrivent Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Money money market fund have on its future price. Thrivent Money autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Thrivent Money autocorrelation shows the relationship between Thrivent Money money market fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Money Market.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Thrivent Money Market Fund
Thrivent Money financial ratios help investors to determine whether Thrivent Money Market 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 Money security.
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