Great-west Lifetime Correlations
| MXBSX Fund | USD 12.08 0.01 0.08% |
The current 90-days correlation between Great West Lifetime and Great West Real Estate is 0.19 (i.e., Average diversification). The correlation of Great-west Lifetime is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Great-west Lifetime Correlation With Market
Poor diversification
The correlation between Great West Lifetime 2050 and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great West Lifetime 2050 and DJI in the same portfolio, assuming nothing else is changed.
Great-west |
Moving together with Great-west Mutual Fund
| 0.63 | SFBPX | Great-west Securefoundation | PairCorr |
| 0.77 | MXAGX | Great West Lifetime | PairCorr |
| 0.77 | MXAKX | Great West Lifetime | PairCorr |
| 0.76 | MXAHX | Great West Lifetime | PairCorr |
| 1.0 | MXBQX | Great West Lifetime | PairCorr |
| 1.0 | MXBOX | Great West Lifetime | PairCorr |
| 0.98 | MXBPX | Great West Moderately | PairCorr |
| 0.67 | MXCJX | Great-west Securefoundation | PairCorr |
| 0.96 | MXAPX | Great West Aggressive | PairCorr |
| 0.95 | MXATX | Great West Lifetime | PairCorr |
| 0.95 | MXAUX | Great West Lifetime | PairCorr |
| 0.96 | MXAYX | Great West Lifetime | PairCorr |
| 1.0 | MXBEX | Great West Lifetime | PairCorr |
| 1.0 | MXBDX | Great West Lifetime | PairCorr |
| 1.0 | MXBGX | Great West Lifetime | PairCorr |
| 0.91 | MXELX | Great West Lifetime | PairCorr |
| 0.64 | MXCPX | Great-west Conservative | PairCorr |
| 0.88 | MXDPX | Great West Moderately | PairCorr |
| 0.97 | MXGNX | Great West Lifetime | PairCorr |
| 0.97 | MXGQX | Great West Lifetime | PairCorr |
| 0.92 | MXGPX | Great West Moderate | PairCorr |
| 0.91 | MXGTX | Great West Aggressive | PairCorr |
| 0.98 | MXGUX | Great West Lifetime | PairCorr |
Related Correlations Analysis
| 0.71 | 0.07 | 0.14 | 0.66 | 0.28 | 0.7 | MXREX | ||
| 0.71 | 0.1 | 0.15 | 0.9 | 0.23 | 0.92 | DAREX | ||
| 0.07 | 0.1 | 0.99 | 0.12 | 0.71 | 0.17 | PNDIX | ||
| 0.14 | 0.15 | 0.99 | 0.17 | 0.75 | 0.24 | FORFX | ||
| 0.66 | 0.9 | 0.12 | 0.17 | 0.37 | 0.9 | PRKAX | ||
| 0.28 | 0.23 | 0.71 | 0.75 | 0.37 | 0.33 | MSURX | ||
| 0.7 | 0.92 | 0.17 | 0.24 | 0.9 | 0.33 | CNREX | ||
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Risk-Adjusted Indicators
There is a big difference between Great-west Mutual Fund performing well and Great-west Lifetime Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Great-west Lifetime's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MXREX | 0.66 | 0.04 | (0.07) | 0.29 | 0.73 | 1.34 | 3.63 | |||
| DAREX | 0.68 | 0.02 | (0.05) | 0.17 | 0.85 | 1.37 | 3.85 | |||
| PNDIX | 0.05 | 0.01 | 0.00 | 2.88 | 0.00 | 0.10 | 0.70 | |||
| FORFX | 0.06 | 0.02 | 0.00 | 1.10 | 0.00 | 0.11 | 0.93 | |||
| PRKAX | 0.54 | 0.04 | (0.09) | 0.37 | 0.55 | 1.00 | 2.80 | |||
| MSURX | 0.45 | 0.07 | (0.07) | 1.21 | 0.35 | 1.16 | 3.64 | |||
| CNREX | 0.61 | 0.03 | (0.07) | 0.21 | 0.76 | 1.22 | 3.86 |