Great West Putnam High Fund Overlap Studies Simple Moving Average

MXHYX Fund  USD 8.21  0.01  0.12%   
Great-west Putnam overlap studies tool provides the execution environment for running the Simple Moving Average study and other technical functions against Great-west Putnam. Great-west Putnam value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Simple Moving Average study function is designed to identify and follow existing trends. Great-west Putnam overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of Great-west Putnam for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Great West Putnam short-term fluctuations and highlight longer-term trends or cycles.

Great-west Putnam Technical Analysis Modules

Most technical analysis of Great-west Putnam help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for GREAT-WEST from various momentum indicators to cycle indicators. When you analyze GREAT-WEST charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Great-west Putnam Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Great West Putnam High. We use our internally-developed statistical techniques to arrive at the intrinsic value of Great West Putnam High based on widely used predictive technical indicators. In general, we focus on analyzing GREAT-WEST Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Great-west Putnam's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Great-west Putnam's intrinsic value. In addition to deriving basic predictive indicators for Great-west Putnam, we also check how macroeconomic factors affect Great-west Putnam price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great-west Putnam'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
8.028.218.40
Details
Intrinsic
Valuation
LowRealHigh
7.337.529.03
Details

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Did you try this?

Run Aroon Oscillator Now

   

Aroon Oscillator

Analyze current equity momentum using Aroon Oscillator and other momentum ratios
All  Next Launch Module

Great West Putnam pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Great-west Putnam position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Great-west Putnam will appreciate offsetting losses from the drop in the long position's value.

Great-west Putnam Pair Trading

Great West Putnam High Pair Trading Analysis

The ability to find closely correlated positions to Great-west Putnam could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great-west Putnam when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Great-west Putnam - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Great West Putnam High to buy it.
The correlation of Great-west Putnam 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Great-west Putnam moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Great West Putnam moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Great-west Putnam can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in GREAT-WEST Mutual Fund

Great-west Putnam 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 Putnam security.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments