Thrivent Aggressive Allocation Fund Volatility
| TAAAX Fund | USD 19.63 -0.34 -1.70% |
Thrivent Aggressive Allocation continues to exhibit a very low volatility profile over the designated horizon. Thrivent Aggressive Allocation continues to report a Sharpe Ratio (Efficiency) of -0.0213, indicating negative risk-adjusted returns over the last 3 months. We reviewed 26 technical indicators influencing the latest risk profile.
Sharpe Ratio = -0.0213
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TAAAX |
Thrivent Aggressive Allocation's financial profile includes a Market Risk Adjusted Performance of -0.4%, a Risk of 0.73, and a Risk Adjusted Performance of 0.1%. Based on monthly moving average THRIVENT AGGRESSIVE 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.
Key indicators related to THRIVENT AGGRESSIVE's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
THRIVENT AGGRESSIVE Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of THRIVENT daily returns, and it is calculated using variance and standard deviation.
THRIVENT |
Volatility Strategy
Thrivent Aggressive Allocation price volatility may influence cost basis positioning and portfolio weighting over time. Price retracements and recoveries can alter allocation balance. Current statistical measures show total volatility near 0.73% with a beta coefficient of -0.22, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.0213, evaluates return per unit of total risk. An alpha value of 0.0719 reflects performance relative to systematic market exposure. Expected return estimates near -0.0156% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Volatility effects depend on underlying market structure and exposure characteristics.
Main indicators related to THRIVENT AGGRESSIVE's market risk premium analysis include:
Beta -0.22 | Alpha 0.0719 | Risk 0.73 | Sharpe Ratio -0.02 | Expected Return -0.02 |
Moving together with THRIVENT Mutual Fund
| 0.87 | TWAAX | Thrivent Partner | PairCorr |
| 0.82 | TWAIX | Thrivent Partner | PairCorr |
| 0.63 | THLIX | Thrivent Limited Maturity | PairCorr |
| 0.99 | THMAX | Thrivent Moderate | PairCorr |
| 0.63 | THMBX | Thrivent High Income | PairCorr |
| 0.74 | THYFX | Thrivent Diversified | PairCorr |
| 0.98 | AABFX | Thrivent Balanced Income | PairCorr |
| 0.69 | AAINX | Thrivent Opportunity | PairCorr |
| 0.99 | AALGX | Thrivent Large Cap | PairCorr |
| 0.96 | AASCX | Thrivent Mid Cap | PairCorr |
| 0.81 | AASMX | Thrivent Small Cap | PairCorr |
| 0.89 | AAUTX | Thrivent Large Cap | PairCorr |
| 0.83 | TLVIX | Thrivent Large Cap | PairCorr |
| 1.0 | TMAIX | Thrivent Moderate | PairCorr |
| 0.9 | IBBFX | Thrivent Balanced Income | PairCorr |
| 0.61 | TMBIX | Thrivent Municipal Bond | PairCorr |
| 1.0 | TMAFX | Thrivent Moderately | PairCorr |
| 1.0 | TMAAX | Thrivent Moderately | PairCorr |
| 0.86 | TMSIX | Thrivent Mid Cap | PairCorr |
| 0.62 | LBIIX | Thrivent Income | PairCorr |
| 0.74 | LBHIX | Thrivent High Yield | PairCorr |
| 0.68 | LBLAX | Thrivent Limited Maturity | PairCorr |
| 1.0 | TAAIX | Thrivent Aggressive | PairCorr |
Sensitivity To Market
THRIVENT AGGRESSIVE'sTHRIVENT AGGRESSIVE beta coefficient measures the volatility of THRIVENT mutual fund relative to the systematic risk of the overall market benchmark. Mathematically, beta represents the slope of the regression line comparing THRIVENT returns against market returns. A beta of -0.22 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 0.73%.Thrivent Aggressive Allocation has shown noticeable price swings over the selected period. Downside deviation is about 0.8% and standard deviation is about 1.18%, which summarize how widely returns have moved. Global funds can add currency-related movement on top of underlying asset volatility.
| α | 0.07 | β | -0.2179 | Check current 90 days THRIVENT AGGRESSIVE correlation with market (Dow Jones Industrial)
Downside Risk
THRIVENT standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low.
Standard Deviation | 0.73 |
It is essential to understand the difference between upside risk (as represented by THRIVENT AGGRESSIVE's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of THRIVENT AGGRESSIVE's daily returns or price. Thrivent Aggressive Allocation's financial profile includes a Downside Deviation of 0.80, a Downside Variance of 0.64, and a Maximum Drawdown of 9.37.
Mutual Fund Volatility Analysis
Volatility refers to the frequency at which THRIVENT AGGRESSIVE fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with THRIVENT AGGRESSIVE's price changes.
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Thrivent Aggressive Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
THRIVENT AGGRESSIVE Projected Return Density Against Market
Assuming a 90-day horizon Thrivent Aggressive Allocation has a beta of -0.2179 . This usually implies that as returns on the benchmark increase, returns on THRIVENT AGGRESSIVE tend to move in the opposite direction, though by a smaller magnitude. During a bear market, however, Thrivent Aggressive Allocation is likely to outperform the market.THRIVENT AGGRESSIVE is exposed to both systematic and unsystematic risk. Systematic risk reflects broader mutual fund market movements, while company or sector-specific developments represent nonmarket drivers. Diversification may reduce specific risk, but market exposure remains. Beta and standard deviation help quantify volatility. Thrivent Aggressive Allocation's financial profile includes a Downside Deviation of 0.80, a Mean Deviation of 0.67, and a Semi Deviation of 0.68.
Predicted Return Density |
| Returns |
What Drives a THRIVENT AGGRESSIVE Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract investor attention to the company. This positive attention may impact the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Mutual Fund Risk Measures
Assuming a 90-day horizon the coefficient of variation of THRIVENT AGGRESSIVE is -4699.25. The daily returns are distributed with a variance of 0.54 and standard deviation of 0.73. The mean deviation of Thrivent Aggressive Allocation is currently at 0.56. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.2179 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | 0.11 |
Mutual Fund Return Volatility
THRIVENT AGGRESSIVE historical daily return volatility represents how much of THRIVENT AGGRESSIVE fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.734% volatility of returns over 90 trading days. By contrast, Dow Jones Industrial accepts 0.792% volatility on return distribution over a 90-day horizon. Performance |
| Timeline |
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between THRIVENT Mutual Fund performing well and THRIVENT AGGRESSIVE Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze THRIVENT AGGRESSIVE's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TAAIX | 0.67 | 0.07 | 0.16 | -0.37 | 0.67 | 0.96 | 9.28 | |||
| JOBBX | 0.48 | 0.02 | 0.06 | -0.01 | 0.66 | 0.75 | 3.35 | |||
| JOBEX | 0.48 | 0.02 | 0.05 | -0.01 | 0.67 | 0.74 | 3.34 | |||
| JTSIX | 0.58 | 0.06 | 0.09 | 0.04 | 0.72 | 0.86 | 4.98 | |||
| JTSYX | 0.58 | 0.06 | 0.09 | 0.04 | 0.74 | 0.82 | 4.97 | |||
| JTSSX | 0.58 | 0.06 | 0.09 | 0.04 | 0.74 | 0.82 | 5.03 | |||
| JTSCX | 0.58 | 0.06 | 0.09 | 0.04 | 0.73 | 0.81 | 5.09 | |||
| PGSGX | 1.03 | -0.07 | 0.00 | 0.99 | 0.00 | 1.64 | 7.10 | |||
| JVTSX | 0.77 | -0.03 | 0.00 | -0.07 | 0.00 | 1.23 | 5.20 | |||
| TMSIX | 0.92 | 0.24 | 0.22 | 0.12 | 0.72 | 1.43 | 16.29 |
Risk Metrics, Assumptions & Methodology
Volatility for THRIVENT AGGRESSIVE reflects NAV dispersion and exposure stability across disclosure periods. Higher dispersion implies wider price swings across observed periods.
Unless otherwise specified, data for Thrivent Aggressive Allocation is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardTHRIVENT AGGRESSIVE Investment Opportunity
Measured over the selected horizon, Dow Jones Industrial carries roughly 1.08 times the return volatility of Thrivent Aggressive Allocation. That difference can matter when investors want a steadier position size or lower contribution to total portfolio risk.You can use Thrivent Aggressive Allocation to protect your portfolios against small market fluctuations. This move summary looks at how the current session may translate into a basic near-term setup. It is most useful when combined with broader risk controls and position-sizing discipline. a somewhat bearish sentiment, but the market may correct it shortly. Check odds of THRIVENT AGGRESSIVE to be traded at $19.04 in 90 days.Very weak diversification
Across the chosen horizon, TAAAX and DJI show a correlation of 0.57 and fall into the Very weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
THRIVENT AGGRESSIVE Additional Risk Indicators
Risk analysis around Thrivent Aggressive Allocation becomes more useful when investors review secondary indicators that can confirm, refine, or challenge the basic volatility picture. Used correctly, these measures can support both standalone risk assessment and portfolio-level hedging decisions.
| Risk Adjusted Performance | 0.0649 | |||
| Market Risk Adjusted Performance | -0.36 | |||
| Mean Deviation | 0.6723 | |||
| Semi Deviation | 0.6788 | |||
| Downside Deviation | 0.8027 | |||
| Coefficient Of Variation | 1290.08 | |||
| Standard Deviation | 1.18 |
THRIVENT AGGRESSIVE Suggested Diversification Pairs
Pair trading with THRIVENT AGGRESSIVE can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against THRIVENT AGGRESSIVE as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. THRIVENT AGGRESSIVE's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, THRIVENT AGGRESSIVE's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Thrivent Aggressive Allocation.