Great West Moderately Servative Fund Market Value
| MXJUX Fund | USD 10.25 0.02 0.20% |
| Symbol | Great-west |
Great-west Moderately '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 Moderately'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 Moderately.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Great-west Moderately on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Moderately Servative or generate 0.0% return on investment in Great-west Moderately over 180 days. Great-west Moderately is related to or competes with Great-west Securefoundation, Great-west Lifetime, Great-west Lifetime, Great-west Lifetime, Great-west Lifetime, Great-west Lifetime, and Great-west Moderately. The fund invests assets in funds according to the following asset allocation ranges 0 percent to 30 percent of assets in... More
Great-west Moderately 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 Moderately'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 Moderately Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4389 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 1.87 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4975 |
Great-west Moderately Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Moderately's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Moderately's standard deviation. In reality, there are many statistical measures that can use Great-west Moderately historical prices to predict the future Great-west Moderately's volatility.| Risk Adjusted Performance | (0.001) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | (0.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great-west Moderately'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.
Great West Moderately Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great West Moderately holds Efficiency (Sharpe) Ratio of 0.0372, which attests that the entity had a 0.0372% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Great West Moderately, which you can use to evaluate the volatility of the entity. Please check out Great-west Moderately's Market Risk Adjusted Performance of (0.07), downside deviation of 0.4389, and Risk Adjusted Performance of (0.001) to validate if the risk estimate we provide is consistent with the expected return of 0.013%. The fund retains a Market Volatility (i.e., Beta) of 0.0654, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Moderately's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Moderately is expected to be smaller as well.
Auto-correlation | 0.18 |
Very weak predictability
Great West Moderately Servative has very weak predictability. Overlapping area represents the amount of predictability between Great-west Moderately time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Moderately price movement. The serial correlation of 0.18 indicates that over 18.0% of current Great-west Moderately price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great West Moderately lagged returns against current returns
Autocorrelation, which is Great-west Moderately 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 Moderately's mutual fund expected returns. We can calculate the autocorrelation of Great-west Moderately returns to help us make a trade decision. For example, suppose you find that Great-west Moderately 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 Moderately 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 Moderately mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Moderately 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 Moderately mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Moderately Lagged Returns
When evaluating Great-west Moderately's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Moderately mutual fund have on its future price. Great-west Moderately 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 Moderately autocorrelation shows the relationship between Great-west Moderately mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Moderately Servative.
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 Moderately 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 Moderately security.
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