Great West Templeton Global Fund Market Value
| MXGBX Fund | USD 6.66 0.02 0.30% |
| Symbol | Great-west |
Great-west Templeton '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 Templeton'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 Templeton.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Great-west Templeton on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Templeton Global or generate 0.0% return on investment in Great-west Templeton over 30 days. Great-west Templeton is related to or competes with Great-west Securefoundation, Great-west Lifetime, Great-west Lifetime, Great West, Great West, Great-west Lifetime, and Great-west Moderately. The fund will normally invest at least 80 percent of its net assets in bonds issued by companies, governments and govern... More
Great-west Templeton 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 Templeton'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 Templeton Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 3.2 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.431 |
Great-west Templeton Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Templeton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Templeton's standard deviation. In reality, there are many statistical measures that can use Great-west Templeton historical prices to predict the future Great-west Templeton's volatility.| Risk Adjusted Performance | (0.25) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (6.15) |
Great West Templeton Backtested Returns
Great West Templeton holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. Great West Templeton exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Great-west Templeton's Standard Deviation of 0.429, market risk adjusted performance of (6.14), and Risk Adjusted Performance of (0.25) to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.022, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Templeton's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Templeton is expected to be smaller as well.
Auto-correlation | 0.83 |
Very good predictability
Great West Templeton Global has very good predictability. Overlapping area represents the amount of predictability between Great-west Templeton time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 Templeton price movement. The serial correlation of 0.83 indicates that around 83.0% of current Great-west Templeton price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Great West Templeton lagged returns against current returns
Autocorrelation, which is Great-west Templeton 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 Templeton's mutual fund expected returns. We can calculate the autocorrelation of Great-west Templeton returns to help us make a trade decision. For example, suppose you find that Great-west Templeton 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 Templeton 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 Templeton mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Templeton 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 Templeton mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Templeton Lagged Returns
When evaluating Great-west Templeton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Templeton mutual fund have on its future price. Great-west Templeton 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 Templeton autocorrelation shows the relationship between Great-west Templeton mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Templeton Global.
Regressed Prices |
| Timeline |
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Other Information on Investing in Great-west Mutual Fund
Great-west Templeton 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 Templeton security.
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