Thrivent Balanced Income Fund Price on October 8, 2024
| AABFX Fund | USD 14.43 0.05 0.35% |
Below is the normalized historical share price chart for Thrivent Balanced Income extending back to March 19, 1998. 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 Balanced stands at 14.43, as last reported on the 1st of December, with the highest price reaching 14.43 and the lowest price hitting 14.43 during the day.
If you're considering investing in Thrivent Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Thrivent Mutual Fund to be very steady. Thrivent Balanced Income owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the fund had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Thrivent Balanced Income, which you can use to evaluate the volatility of the fund. Please validate Thrivent Balanced's Risk Adjusted Performance of 0.0758, semi deviation of 0.2293, and Coefficient Of Variation of 843.94 to confirm if the risk estimate we provide is consistent with the expected return of 0.0433%.
Thrivent Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Thrivent |
Sharpe Ratio = 0.144
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Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Thrivent Balanced is performing at about 11% of its full potential. 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 Balanced by adding it to a well-diversified portfolio.
Thrivent Balanced Valuation on October 8, 2024
It is possible to determine the worth of Thrivent Balanced on a given historical date. On October 8, 2024 Thrivent was worth 14.23 at the beginning of the trading date compared to the closed value of 14.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Thrivent Balanced mutual fund. Still, in general, we apply an absolute valuation method to find Thrivent Balanced'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 Balanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Thrivent Balanced's related companies.
| Open | High | Low | Close | Volume | |
| 14.20 | 14.20 | 14.20 | 14.20 | 1.00 | |
10/08/2024 | 14.23 | 14.23 | 14.23 | 14.23 | 1.00 |
| 14.25 | 14.25 | 14.25 | 14.25 | 1.00 |
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Thrivent Balanced Trading Date Momentum on October 8, 2024
| On October 09 2024 Thrivent Balanced Income was traded for 14.25 at the closing time. The highest daily price throughout the period was 14.25 and the lowest price was 14.25 . There was no trading activity during the period 1.0. Lack of trading volume on 10/09/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.14% . The trading price change to current closing price is 0.63% . |
Thrivent Balanced Income Fundamentals Correlations and Trends
By evaluating Thrivent Balanced'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 Balanced'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 Balanced Mutual Fund history
Thrivent Balanced 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 Balanced 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 Balanced stock prices may prove useful in developing a viable investing in Thrivent Balanced
Under normal circumstances, the fund invests 25-65 percent in equity securities and 35-75 percent in debt securities. The equity securities in which the fund invests may include common stock, preferred stock, securities convertible into common stock, or securities or other instruments the price of which is linked to the value of common stock.
Thrivent Balanced Mutual Fund Technical Analysis
Thrivent Balanced 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 Balanced Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Thrivent Balanced Income 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 Balanced December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Thrivent Balanced 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 Balanced shares will generate the highest return on investment. By undertsting and applying Thrivent Balanced mutual fund market strength indicators, traders can identify Thrivent Balanced Income entry and exit signals to maximize returns
Thrivent Balanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Thrivent Balanced'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 | 0.0758 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.31) | |||
| Treynor Ratio | 0.0875 |
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Other Information on Investing in Thrivent Mutual Fund
Thrivent Balanced 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 Balanced security.
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