Thrivent Income Fund Market Value
| LBIIX Fund | USD 8.19 0.02 0.24% |
| Symbol | Thrivent |
Thrivent Income '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 Income's mutual 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 Income.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Thrivent Income on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Thrivent Income Fund or generate 0.0% return on investment in Thrivent Income over 30 days. Thrivent Income is related to or competes with Artisan High, T Rowe, Prudential High, City National, High-yield Fund, and Dunham High. The principal strategies of the fund are to invest in investment-grade corporate bonds, government bonds, asset-backed s... More
Thrivent Income 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 Income's mutual 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 Income Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3493 | |||
| Information Ratio | 0.1335 | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.50) | |||
| Potential Upside | 0.6219 |
Thrivent Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Income's standard deviation. In reality, there are many statistical measures that can use Thrivent Income historical prices to predict the future Thrivent Income's volatility.| Risk Adjusted Performance | 0.0585 | |||
| Jensen Alpha | 0.0241 | |||
| Total Risk Alpha | 0.033 | |||
| Sortino Ratio | 0.1298 | |||
| Treynor Ratio | 0.3013 |
Thrivent Income Backtested Returns
At this stage we consider Thrivent Mutual Fund to be very steady. Thrivent Income owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Thrivent Income Fund, which you can use to evaluate the volatility of the fund. Please validate Thrivent Income's Risk Adjusted Performance of 0.0585, coefficient of variation of 1049.6, and Semi Deviation of 0.2193 to confirm if the risk estimate we provide is consistent with the expected return of 0.0025%. The entity has a beta of 0.0742, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Thrivent Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrivent Income is expected to be smaller as well.
Auto-correlation | -0.06 |
Very weak reverse predictability
Thrivent Income Fund has very weak reverse predictability. Overlapping area represents the amount of predictability between Thrivent Income time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. 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 Income price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Thrivent Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Thrivent Income lagged returns against current returns
Autocorrelation, which is Thrivent Income mutual 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 Income's mutual fund expected returns. We can calculate the autocorrelation of Thrivent Income returns to help us make a trade decision. For example, suppose you find that Thrivent Income has exhibited high autocorrelation historically, and you observe that the mutual 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 Income 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 Income mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Income mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thrivent Income mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thrivent Income Lagged Returns
When evaluating Thrivent Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Income mutual fund have on its future price. Thrivent Income 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 Income autocorrelation shows the relationship between Thrivent Income mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Income Fund.
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 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.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |