Great West Bond Index Fund Market Value
| MXCOX Fund | USD 8.28 0.02 0.24% |
| Symbol | Great-west |
Great-west Bond '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 Great-west Bond'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 Great-west Bond.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Great-west Bond on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Bond Index or generate 0.0% return on investment in Great-west Bond over 90 days. Great-west Bond is related to or competes with Mondrian Emerging, Transamerica Emerging, Ep Emerging, Barings Emerging, Investec Emerging, Aqr Risk-balanced, and Pace International. The fund normally invests at least 80 percent of its net assets in securities included in the benchmark index and, using... More
Great-west Bond 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 Great-west Bond'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 Great West Bond Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3101 | |||
| Information Ratio | 0.3795 | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.4944 |
Great-west Bond Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Bond's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Bond's standard deviation. In reality, there are many statistical measures that can use Great-west Bond historical prices to predict the future Great-west Bond's volatility.| Risk Adjusted Performance | 0.0336 | |||
| Jensen Alpha | 0.0214 | |||
| Total Risk Alpha | 0.0471 | |||
| Sortino Ratio | 0.3786 | |||
| Treynor Ratio | 0.0701 |
Great West Bond Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great West Bond holds Efficiency (Sharpe) Ratio of 0.0594, which attests that the entity had a 0.0594 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great West Bond, which you can use to evaluate the volatility of the entity. Please check out Great-west Bond's Market Risk Adjusted Performance of 0.0801, risk adjusted performance of 0.0336, and Downside Deviation of 0.3101 to validate if the risk estimate we provide is consistent with the expected return of 0.0184%. The fund retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Bond's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Bond is expected to be smaller as well.
Auto-correlation | -0.04 |
Very weak reverse predictability
Great West Bond Index has very weak reverse predictability. Overlapping area represents the amount of predictability between Great-west Bond time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Great West Bond price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Great-west Bond price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great West Bond lagged returns against current returns
Autocorrelation, which is Great-west Bond 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 Great-west Bond's mutual fund expected returns. We can calculate the autocorrelation of Great-west Bond returns to help us make a trade decision. For example, suppose you find that Great-west Bond 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 |
Great-west Bond 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 Great-west Bond mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Bond mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Great-west Bond mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Bond Lagged Returns
When evaluating Great-west Bond's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Bond mutual fund have on its future price. Great-west Bond 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, Great-west Bond autocorrelation shows the relationship between Great-west Bond mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Bond Index.
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 Great-west Mutual Fund
Great-west Bond financial ratios help investors to determine whether Great-west 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 Great-west with respect to the benefits of owning Great-west Bond security.
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