Thrivent Small Cap Fund Market Value
| TSCSX Fund | USD 30.69 0.49 1.57% |
| Symbol | Thrivent |
Thrivent Small '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 Small'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 Small.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Thrivent Small on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Thrivent Small Cap or generate 0.0% return on investment in Thrivent Small over 30 days. Thrivent Small is related to or competes with Deutsche Health, Blackrock Health, Baillie Gifford, Eaton Vance, and Schwab Health. The fund invests at least 80 percent of its net assets in equity securities of small companies More
Thrivent Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.46 |
Thrivent Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thrivent Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thrivent Small's standard deviation. In reality, there are many statistical measures that can use Thrivent Small historical prices to predict the future Thrivent Small's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thrivent Small'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 Small Cap Backtested Returns
Thrivent Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the fund had a -0.22 % return per unit of risk over the last 3 months. Thrivent Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thrivent Small's Risk Adjusted Performance of (0.09), variance of 0.9453, and Coefficient Of Variation of (797.19) to confirm the risk estimate we provide. The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Thrivent Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Thrivent Small is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Thrivent Small Cap has below average predictability. Overlapping area represents the amount of predictability between Thrivent Small time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Small Cap price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Thrivent Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Thrivent Small Cap lagged returns against current returns
Autocorrelation, which is Thrivent Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Thrivent Small returns to help us make a trade decision. For example, suppose you find that Thrivent Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thrivent Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Thrivent Small Lagged Returns
When evaluating Thrivent Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thrivent Small mutual fund have on its future price. Thrivent Small 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 Small autocorrelation shows the relationship between Thrivent Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Thrivent Small Cap.
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 Small 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 Small security.
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