Great West Lifetime 2045 Fund Market Value

MXRLX Fund  USD 14.29  0.07  0.49%   
Great West's market value is the price at which a share of Great West trades on a public exchange. It measures the collective expectations of Great West Lifetime 2045 investors about its performance. Great West is trading at 14.29 as of the 12th of December 2024; that is 0.49 percent up since the beginning of the trading day. The fund's open price was 14.22.
With this module, you can estimate the performance of a buy and hold strategy of Great West Lifetime 2045 and determine expected loss or profit from investing in Great West over a given investment horizon. Check out Great West Correlation, Great West Volatility and Great West Alpha and Beta module to complement your research on Great West.
Symbol

Please note, there is a significant difference between Great West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great West 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'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 '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.
0.00
12/18/2023
No Change 0.00  0.0 
In 11 months and 26 days
12/12/2024
0.00
If you would invest  0.00  in Great West on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Great West Lifetime 2045 or generate 0.0% return on investment in Great West over 360 days. Great West is related to or competes with Fm Investments, Alternative Asset, Aqr Large, T Rowe, T Rowe, and Jhancock Disciplined. The fund seeks to achieve its objective by investing in a professionally selected mix of underlying funds that is tailor... 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 Lifetime 2045 upside and downside potential and time the market with a certain degree of confidence.

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.
Hype
Prediction
LowEstimatedHigh
13.7714.2914.81
Details
Intrinsic
Valuation
LowRealHigh
13.7214.2414.76
Details
Naive
Forecast
LowNextHigh
13.7714.2914.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
14.0714.2514.42
Details

Great West Lifetime Backtested Returns

At this stage we consider Great Mutual Fund to be very steady. Great West Lifetime holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Great West Lifetime, which you can use to evaluate the volatility of the entity. Please check out Great West's Risk Adjusted Performance of 0.1103, downside deviation of 0.5382, and Market Risk Adjusted Performance of 0.1552 to validate if the risk estimate we provide is consistent with the expected return of 0.0556%. 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'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

    
  0.31  

Below average predictability

Great West Lifetime 2045 has below average predictability. Overlapping area represents the amount of predictability between Great West time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 0.31 indicates that nearly 31.0% of current Great West price fluctuation can be explain by its past prices.
Correlation Coefficient0.31
Spearman Rank Test0.4
Residual Average0.0
Price Variance0.04

Great West Lifetime 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 Lifetime 2045.
   Regressed Prices   
       Timeline  

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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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