Great West E Strategies Fund Market Value

MXECX Fund  USD 10.11  0.11  1.08%   
Great-west Core's market value is the price at which a share of Great-west Core trades on a public exchange. It measures the collective expectations of Great West E Strategies investors about its performance. Great-west Core is trading at 10.11 as of the 2nd of March 2025; that is 1.08 percent down since the beginning of the trading day. The fund's open price was 10.22.
With this module, you can estimate the performance of a buy and hold strategy of Great West E Strategies and determine expected loss or profit from investing in Great-west Core over a given investment horizon. Check out Great-west Core Correlation, Great-west Core Volatility and Great-west Core Alpha and Beta module to complement your research on Great-west Core.
Symbol

Please note, there is a significant difference between Great-west Core's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great-west Core is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great-west Core's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Great-west Core '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 Core'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 Core.
0.00
03/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/02/2025
0.00
If you would invest  0.00  in Great-west Core on March 13, 2023 and sell it all today you would earn a total of 0.00 from holding Great West E Strategies or generate 0.0% return on investment in Great-west Core over 720 days. Great-west Core is related to or competes with Science Technology, Blackrock Science, Technology Ultrasector, Towpath Technology, Pgim Jennison, and T Rowe. The fund will, under normal circumstances, invest at least 80 percent of its net assets in equity securities of issuers ... More

Great-west Core 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 Core'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 E Strategies upside and downside potential and time the market with a certain degree of confidence.

Great-west Core Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Core's standard deviation. In reality, there are many statistical measures that can use Great-west Core historical prices to predict the future Great-west Core's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great-west Core's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
9.3810.1110.84
Details
Intrinsic
Valuation
LowRealHigh
9.9410.6711.40
Details
Naive
Forecast
LowNextHigh
9.4210.1510.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.8010.0710.34
Details

Great-west Core Backtested Returns

At this stage we consider Great-west Mutual Fund to be very steady. Great-west Core holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west Core, which you can use to evaluate the volatility of the entity. Please check out Great-west Core's Risk Adjusted Performance of 0.1007, downside deviation of 0.8072, and Market Risk Adjusted Performance of 0.1955 to validate if the risk estimate we provide is consistent with the expected return of 0.0739%. The fund retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Great-west Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Core is expected to be smaller as well.

Auto-correlation

    
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No correlation between past and present

Great West E Strategies has no correlation between past and present. Overlapping area represents the amount of predictability between Great-west Core time series from 13th of March 2023 to 7th of March 2024 and 7th of March 2024 to 2nd 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 Core price movement. The serial correlation of 0.0 indicates that just 0.0% of current Great-west Core price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test0.2
Residual Average0.0
Price Variance0.07

Great-west Core lagged returns against current returns

Autocorrelation, which is Great-west Core 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 Core's mutual fund expected returns. We can calculate the autocorrelation of Great-west Core returns to help us make a trade decision. For example, suppose you find that Great-west Core 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 Core 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 Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Core 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 Core mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Great-west Core Lagged Returns

When evaluating Great-west Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Core mutual fund have on its future price. Great-west Core 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 Core autocorrelation shows the relationship between Great-west Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West E Strategies.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Great-west Mutual Fund

Great-west Core 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 Core security.
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