Great-west Real Correlations

MXSFX Fund

USD 8.26 0.13 1.60%

The current 90-days correlation between Great West Real and Fpa Queens Road is 0.06 (i.e., Significant diversification). The correlation of Great-west Real 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 Real Correlation With Market

Modest diversification

The correlation between Great West Real Estate and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great West Real Estate and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Great West Real Estate. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Great-west Mutual Fund

0.91	VGSIX	Vanguard Reit Index	Pair Corr
0.91	VGSLX	Vanguard Reit Index	Pair Corr
0.72	VGSNX	Vanguard Reit Index	Pair Corr
0.91	DFREX	Dfa Real Estate	Pair Corr
0.89	CSCIX	Cohen Steers Real	Pair Corr
0.89	CSEIX	Cohen Steers Real	Pair Corr
0.89	CSDIX	Cohen Steers Real	Pair Corr
0.91	VRTPX	Vanguard Reit Ii	Pair Corr
0.69	CSRIX	Cohen And Steers	Pair Corr
0.94	PIREX	Real Estate Securities	Pair Corr
0.69	GPBFX	Gmo E Plus	Pair Corr
0.69	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.64	INTC	Intel Earnings Call This Week	Pair Corr
0.69	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.71	TRV	The Travelers Companies	Pair Corr

Moving against Great-west Mutual Fund

0.67	PQTAX	Pimco Trends Managed	Pair Corr
0.67	PQTNX	Pimco Trends Managed	Pair Corr
0.67	PQTIX	Aa Pimco Tr	Pair Corr
0.58	GPMFX	Guidepath Managed Futures	Pair Corr
0.39	MMM	3M Company Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	QRSAX	ARSMX	LRSOX	SGPIX	AFDVX	UAPSX	SCYVX
QRSAX		0.93	0.95	0.97	0.95	0.97	0.97	QRSAX
ARSMX	0.93		0.97	0.93	0.95	0.91	0.94	ARSMX
LRSOX	0.95	0.97		0.95	0.97	0.93	0.95	LRSOX
SGPIX	0.97	0.93	0.95		0.96	0.98	0.98	SGPIX
AFDVX	0.95	0.95	0.97	0.96		0.94	0.94	AFDVX
UAPSX	0.97	0.91	0.93	0.98	0.94		0.99	UAPSX
SCYVX	0.97	0.94	0.95	0.98	0.94	0.99		SCYVX
	QRSAX	ARSMX	LRSOX	SGPIX	AFDVX	UAPSX	SCYVX

Click cells to compare fundamentals

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Risk-Adjusted Indicators

There is a big difference between Great-west Mutual Fund performing well and Great-west Real 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 Real'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
QRSAX	0.75	(0.02)	0.00	(0.04)	0.00	0.00	1.36	(1.30)	9.42
ARSMX	0.76	(0.05)	0.00	(0.07)	0.00	0.00	1.48	(1.03)	13.11
LRSOX	0.99	(0.10)	0.00	(0.08)	0.00	0.00	1.66	(1.65)	14.78
SGPIX	0.91	(0.04)	0.00	(0.05)	0.00	0.00	1.69	(1.67)	9.85
AFDVX	0.81	(0.04)	0.00	(0.05)	0.00	0.00	1.70	(1.40)	9.22
UAPSX	1.85	0.00	0.00	0.02	2.50	(1.88)	3.58	(3.28)	20.51
SCYVX	0.91	(0.02)	(0.02)	(0.01)	1.22	(0.97)	1.73	(1.91)	9.85

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