Great-west Lifetime Correlations
| MXBSX Fund | USD 11.66 0.07 0.60% |
The correlation of Great-west Lifetime 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Great-west Lifetime Correlation With Market
Weak diversification
The correlation between Great West Lifetime 2050 and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great West Lifetime 2050 and DJI in the same portfolio, assuming nothing else is changed.
Great-west |
Moving together with Great-west Mutual Fund
| 0.96 | MXAHX | Great West Lifetime | PairCorr |
| 1.0 | MXBQX | Great West Lifetime | PairCorr |
| 1.0 | MXBOX | Great West Lifetime | PairCorr |
| 0.95 | MXBPX | Great West Moderately | PairCorr |
| 0.87 | MXBUX | Great West Sp | PairCorr |
| 0.84 | MXAUX | Great West Lifetime | PairCorr |
| 0.79 | MXDQX | Great West Government | PairCorr |
| 0.89 | MXDPX | Great West Moderately | PairCorr |
| 0.87 | MXMVX | Great West Goldman | PairCorr |
| 0.83 | MXLSX | Great West Loomis | PairCorr |
| 0.84 | MXNZX | Great West Sp | PairCorr |
| 0.67 | MXREX | Great West Real | PairCorr |
| 0.87 | VFIFX | Vanguard Target Reti | PairCorr |
| 0.9 | AALTX | American Funds 2050 | PairCorr |
| 0.89 | CCITX | American Funds 2050 | PairCorr |
| 0.9 | FAITX | American Funds 2050 | PairCorr |
| 0.94 | FFFHX | Fidelity Freedom 2050 | PairCorr |
| 0.94 | FZTKX | Fidelity Freedom 2050 | PairCorr |
| 0.89 | FRLPX | Fidelity Freedom Index | PairCorr |
| 0.95 | TRJLX | T Rowe Price | PairCorr |
| 0.89 | FIPFX | Fidelity Freedom Index | PairCorr |
| 0.67 | VTSAX | Vanguard Total Stock | PairCorr |
| 0.63 | VFIAX | Vanguard 500 Index | PairCorr |
| 0.67 | VTSMX | Vanguard Total Stock | PairCorr |
| 0.67 | VSMPX | Vanguard Total Stock | PairCorr |
| 0.66 | VSTSX | Vanguard Total Stock | PairCorr |
| 0.67 | VITSX | Vanguard Total Stock | PairCorr |
| 0.63 | VFINX | Vanguard 500 Index | PairCorr |
| 0.63 | VFFSX | Vanguard 500 Index | PairCorr |
| 0.71 | VGTSX | Vanguard Total Inter | PairCorr |
| 0.71 | VTIAX | Vanguard Total Inter | PairCorr |
| 0.87 | MLMSX | Global E Portfolio | PairCorr |
| 0.79 | NCLEX | Nicholas Edition | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | VUVAF | ||
| 0.0 | 0.99 | 1.0 | -0.99 | 0.99 | CREYX | ||
| 0.0 | 0.99 | 0.99 | -0.97 | 0.99 | JYEBX | ||
| 0.0 | 1.0 | 0.99 | -0.99 | 1.0 | TRRSX | ||
| 0.0 | -0.99 | -0.97 | -0.99 | -0.99 | SRPIX | ||
| 0.0 | 0.99 | 0.99 | 1.0 | -0.99 | IVRSX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Great-west Mutual Fund performing well and Great-west Lifetime Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Great-west Lifetime's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VUVAF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CREYX | 0.88 | (0.13) | 0.00 | (0.20) | 0.00 | 1.52 | 5.49 | |||
| JYEBX | 0.84 | (0.12) | 0.00 | (0.18) | 0.00 | 1.41 | 5.47 | |||
| TRRSX | 0.88 | (0.12) | 0.00 | (0.18) | 0.00 | 1.51 | 5.50 | |||
| SRPIX | 0.93 | 0.14 | 0.01 | (0.19) | 0.91 | 1.79 | 6.06 | |||
| IVRSX | 0.86 | (0.13) | 0.00 | (0.23) | 0.00 | 1.35 | 5.23 |