Great West International Index Fund Market Value
| MXINX Fund | USD 13.44 0.05 0.37% |
| Symbol | Great-west |
Great-west International '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 International'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 International.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in Great-west International on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding Great West International Index or generate 0.0% return on investment in Great-west International over 30 days. Great-west International is related to or competes with Valic Company, Allianzgi Small-cap, Fidelity Small, T Rowe, Inverse Mid-cap, T Rowe, and Ab Discovery. The fund normally invests at least 80 percent of its net assets in common stocks of the companies included in the benchm... More
Great-west International 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 International'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 International Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.81 | |||
| Information Ratio | 0.1535 | |||
| Maximum Drawdown | 4.25 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.15 |
Great-west International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west International's standard deviation. In reality, there are many statistical measures that can use Great-west International historical prices to predict the future Great-west International's volatility.| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.107 | |||
| Total Risk Alpha | 0.1197 | |||
| Sortino Ratio | 0.1464 | |||
| Treynor Ratio | 0.193 |
Great-west International Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great-west International holds Efficiency (Sharpe) Ratio of 0.0961, which attests that the entity had a 0.0961 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west International, which you can use to evaluate the volatility of the entity. Please check out Great-west International's Risk Adjusted Performance of 0.1011, downside deviation of 0.81, and Market Risk Adjusted Performance of 0.203 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 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Great-west International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west International is expected to be smaller as well.
Auto-correlation | -0.35 |
Poor reverse predictability
Great West International Index has poor reverse predictability. Overlapping area represents the amount of predictability between Great-west International time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 International price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Great-west International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great-west International lagged returns against current returns
Autocorrelation, which is Great-west International 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 International's mutual fund expected returns. We can calculate the autocorrelation of Great-west International returns to help us make a trade decision. For example, suppose you find that Great-west International 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 International 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 International mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west International 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 International mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west International Lagged Returns
When evaluating Great-west International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west International mutual fund have on its future price. Great-west International 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 International autocorrelation shows the relationship between Great-west International mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West International 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 International 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 International security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |