Great West Lifetime 2030 Fund Market Value

MXAUX Fund  USD 11.28  0.05  0.45%   
Great-west Lifetime's market value is the price at which a share of Great-west Lifetime trades on a public exchange. It measures the collective expectations of Great West Lifetime 2030 investors about its performance. Great-west Lifetime is trading at 11.28 as of the 5th of December 2024; that is 0.45 percent up since the beginning of the trading day. The fund's open price was 11.23.
With this module, you can estimate the performance of a buy and hold strategy of Great West Lifetime 2030 and determine expected loss or profit from investing in Great-west Lifetime over a given investment horizon. Check out Great-west Lifetime Correlation, Great-west Lifetime Volatility and Great-west Lifetime Alpha and Beta module to complement your research on Great-west Lifetime.
Symbol

Please note, there is a significant difference between Great-west Lifetime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great-west Lifetime 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 Lifetime'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 Lifetime '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 Lifetime'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 Lifetime.
0.00
10/12/2023
No Change 0.00  0.0 
In 1 year 1 month and 25 days
12/05/2024
0.00
If you would invest  0.00  in Great-west Lifetime on October 12, 2023 and sell it all today you would earn a total of 0.00 from holding Great West Lifetime 2030 or generate 0.0% return on investment in Great-west Lifetime over 420 days. Great-west Lifetime is related to or competes with Rational/pier, Versatile Bond, T Rowe, Ab Bond, The National, and Multisector Bond. The fund seeks to achieve its objective by investing in a professionally selected mix of underlying funds that is tailor... More

Great-west Lifetime 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 Lifetime'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 Lifetime 2030 upside and downside potential and time the market with a certain degree of confidence.

Great-west Lifetime Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Lifetime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Lifetime's standard deviation. In reality, there are many statistical measures that can use Great-west Lifetime historical prices to predict the future Great-west Lifetime'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 Lifetime'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
10.8111.2811.75
Details
Intrinsic
Valuation
LowRealHigh
10.7611.2311.70
Details
Naive
Forecast
LowNextHigh
10.8611.3311.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
11.1511.2211.29
Details

Great West Lifetime Backtested Returns

At this stage we consider Great-west Mutual Fund to be very steady. Great West Lifetime holds Efficiency (Sharpe) Ratio of 0.0413, which attests that the entity had a 0.0413% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Great West Lifetime, which you can use to evaluate the volatility of the entity. Please check out Great-west Lifetime's Market Risk Adjusted Performance of (0.14), standard deviation of 0.4813, and Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0196%. The fund retains a Market Volatility (i.e., Beta) of 0.0673, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Lifetime's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Lifetime is expected to be smaller as well.

Auto-correlation

    
  0.77  

Good predictability

Great West Lifetime 2030 has good predictability. Overlapping area represents the amount of predictability between Great-west Lifetime time series from 12th of October 2023 to 9th of May 2024 and 9th of May 2024 to 5th of December 2024. 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 Lifetime price movement. The serial correlation of 0.77 indicates that around 77.0% of current Great-west Lifetime price fluctuation can be explain by its past prices.
Correlation Coefficient0.77
Spearman Rank Test0.69
Residual Average0.0
Price Variance0.02

Great West Lifetime lagged returns against current returns

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

Great-west Lifetime Lagged Returns

When evaluating Great-west Lifetime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Lifetime mutual fund have on its future price. Great-west Lifetime 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 Lifetime autocorrelation shows the relationship between Great-west Lifetime mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Lifetime 2030.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Great-west Mutual Fund

Great-west Lifetime 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 Lifetime security.
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