Great West Government Mortgage Fund Manager Performance Evaluation
| MXGMX Fund | USD 11.15 0.02 0.18% |
The fund retains a Market Volatility (i.e., Beta) of -0.078, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Great-west are expected to decrease at a much lower rate. During the bear market, Great-west is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Great West Government Mortgage has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong primary indicators, Great-west is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.5900 |
Great-west |
Great-west Relative Risk vs. Return Landscape
If you would invest 1,134 in Great West Government Mortgage on September 4, 2024 and sell it today you would lose (17.00) from holding Great West Government Mortgage or give up 1.5% of portfolio value over 90 days. Great West Government Mortgage is currently producing negative expected returns and takes up 0.3179% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Great-west, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Great-west Current Valuation
Overvalued
Today
Please note that Great-west's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Great West Government retains a regular Real Value of $10.74 per share. The prevalent price of the fund is $11.15. We determine the value of Great West Government from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Since Great-west is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Great-west Mutual Fund. However, Great-west's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 11.15 | Real 10.74 | Hype 11.17 | Naive 11.23 |
The intrinsic value of Great-west's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Great-west's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Great West Government Mortgage helps investors to forecast how Great-west mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Great-west more accurately as focusing exclusively on Great-west's fundamentals will not take into account other important factors: Great-west Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Great West Government Mortgage, and traders can use it to determine the average amount a Great-west's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0727
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MXGMX |
Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Great-west is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Great-west by adding Great-west to a well-diversified portfolio.
Great-west Fundamentals Growth
Great-west Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Great-west, and Great-west fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Great-west Mutual Fund performance.
| Total Asset | 576.37 M | ||||
About Great-west Performance
Evaluating Great-west's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Great-west has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Great-west has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will, under normal circumstances, invest at least 80 percent of its net assets in securities that have been issued or guaranteed by the U.S. government or its agencies or instrumentalities. It may invest up to 20 percent of its net assets in securities that are not issued or guaranteed by the U.S. government or its agencies or instrumentalities, including asset-backed securities.Things to note about Great West Government performance evaluation
Checking the ongoing alerts about Great-west for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Great West Government help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Great-west generated a negative expected return over the last 90 days | |
| Great West Government generated five year return of -1.0% | |
| This fund maintains about 16.24% of its assets in cash |
- Analyzing Great-west's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Great-west's stock is overvalued or undervalued compared to its peers.
- Examining Great-west's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Great-west's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great-west's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Great-west's mutual fund. These opinions can provide insight into Great-west's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Great-west Mutual Fund
Great-west 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 security.
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