Great West Moderate Profile Fund Market Value
| MXGPX Fund | USD 11.51 0.14 1.23% |
| Symbol | Great |
Great West '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'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.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Great West on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Moderate Profile or generate 0.0% return on investment in Great West over 30 days. The fund usually invests assets in underlying funds according to the following asset allocation ranges 0 percent to 30 p... More
Great West 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'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 Moderate Profile upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.59 | |||
| Value At Risk | (1.06) | |||
| Potential Upside | 0.8905 |
Great West Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great West's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great West's standard deviation. In reality, there are many statistical measures that can use Great West historical prices to predict the future Great West's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.09) |
Great West Moderate Backtested Returns
At this stage we consider Great Mutual Fund to be very steady. Great West Moderate holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Great West Moderate, which you can use to evaluate the volatility of the entity. Please check out Great West's Standard Deviation of 0.5876, market risk adjusted performance of (0.08), and Risk Adjusted Performance of (0.02) to validate if the risk estimate we provide is consistent with the expected return of 0.0033%. The fund retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great West's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great West is expected to be smaller as well.
Auto-correlation | -0.02 |
Very weak reverse predictability
Great West Moderate Profile has very weak reverse predictability. Overlapping area represents the amount of predictability between Great West time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd 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 Moderate price movement. The serial correlation of -0.02 indicates that only 2.0% of current Great West price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Great West Moderate lagged returns against current returns
Autocorrelation, which is Great West 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's mutual fund expected returns. We can calculate the autocorrelation of Great West returns to help us make a trade decision. For example, suppose you find that Great West 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 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great West 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 mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great West Lagged Returns
When evaluating Great West's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great West mutual fund have on its future price. Great West 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 autocorrelation shows the relationship between Great West mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Moderate Profile.
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 Mutual Fund
Great West financial ratios help investors to determine whether Great 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 with respect to the benefits of owning Great West security.
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