Great West Correlations
| MXAUX Fund | USD 10.79 0.19 1.79% |
The current 90-days correlation between Great West Lifetime and Thrivent Natural Resources is -0.07 (i.e., Good diversification). The correlation of Great West is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Great West Correlation With Market
Very weak diversification
The correlation between Great West Lifetime 2030 and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great West Lifetime 2030 and DJI in the same portfolio, assuming nothing else is changed.
Great |
Moving together with Great Mutual Fund
| 0.94 | MXAGX | Great West Lifetime | PairCorr |
| 0.94 | MXAKX | Great West Lifetime | PairCorr |
| 0.95 | MXAHX | Great West Lifetime | PairCorr |
| 0.98 | MXBQX | Great West Lifetime | PairCorr |
| 0.98 | MXBOX | Great West Lifetime | PairCorr |
| 0.95 | MXBPX | Great West Moderately | PairCorr |
| 0.99 | MXBSX | Great West Lifetime | PairCorr |
| 0.86 | MXCJX | Great West Securefou | PairCorr |
| 0.95 | MXAPX | Great West Aggressive | PairCorr |
| 1.0 | MXATX | Great West Lifetime | PairCorr |
| 0.95 | MXAYX | Great West Lifetime | PairCorr |
| 0.99 | MXBEX | Great West Lifetime | PairCorr |
| 0.99 | MXBDX | Great West Lifetime | PairCorr |
| 0.95 | MXBGX | Great West Lifetime | PairCorr |
| 1.0 | MXELX | Great West Lifetime | PairCorr |
| 0.82 | MXEQX | Great West T | PairCorr |
| 0.84 | MXCPX | Great West Servative | PairCorr |
| 0.92 | MXDPX | Great West Moderately | PairCorr |
| 0.8 | MXGNX | Great West Lifetime | PairCorr |
| 0.98 | MXGQX | Great West Lifetime | PairCorr |
| 0.99 | MXGPX | Great West Moderate | PairCorr |
| 0.95 | MXGTX | Great West Aggressive | PairCorr |
| 0.8 | MXGUX | Great West Lifetime | PairCorr |
Related Correlations Analysis
| 0.13 | 0.19 | 0.01 | 0.3 | 0.17 | TREIX | ||
| 0.13 | 0.99 | 0.97 | 0.97 | 0.99 | VENAX | ||
| 0.19 | 0.99 | 0.93 | 0.98 | 0.98 | ENPSX | ||
| 0.01 | 0.97 | 0.93 | 0.93 | 0.95 | FAGNX | ||
| 0.3 | 0.97 | 0.98 | 0.93 | 0.98 | IEFCX | ||
| 0.17 | 0.99 | 0.98 | 0.95 | 0.98 | BACCX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Great Mutual Fund performing well and Great West 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 Great West'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TREIX | 0.06 | 0.02 | 0.94 | 11.61 | 0.00 | 0.10 | 0.40 | |||
| VENAX | 0.99 | 0.03 | 0.00 | (0.06) | 0.00 | 2.08 | 6.05 | |||
| ENPSX | 1.50 | 0.06 | 0.00 | (0.04) | 0.00 | 3.17 | 8.59 | |||
| FAGNX | 1.02 | 0.02 | 0.00 | (0.08) | 0.00 | 1.54 | 6.62 | |||
| IEFCX | 0.86 | 0.05 | 0.08 | (0.01) | 1.32 | 1.54 | 5.65 | |||
| BACCX | 0.83 | 0.04 | 0.00 | (0.04) | 0.00 | 1.39 | 5.48 |