Great West Inflation Protected Securities Fund Market Value
| MXIHX Fund | USD 8.99 0.01 0.11% |
| Symbol | Great-west |
Great-west Inflation-protec '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 Inflation-protec'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 Inflation-protec.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Great-west Inflation-protec on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Inflation Protected Securities or generate 0.0% return on investment in Great-west Inflation-protec over 30 days. Great-west Inflation-protec is related to or competes with Delaware Limited, Wilmington Diversified, Vy T, Aqr Diversified, Davenport Small, and Tax-managed. The investment seeks real return consistent with the preservation of capital More
Great-west Inflation-protec 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 Inflation-protec'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 Inflation Protected Securities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8242 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.74 | |||
| Value At Risk | (0.45) | |||
| Potential Upside | 0.3363 |
Great-west Inflation-protec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Inflation-protec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Inflation-protec's standard deviation. In reality, there are many statistical measures that can use Great-west Inflation-protec historical prices to predict the future Great-west Inflation-protec's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | 0.0097 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.04) |
Great-west Inflation-protec Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great-west Inflation-protec holds Efficiency (Sharpe) Ratio of 0.0265, which attests that the entity had a 0.0265 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west Inflation-protec, which you can use to evaluate the volatility of the entity. Please check out Great-west Inflation-protec's Market Risk Adjusted Performance of (0.03), downside deviation of 0.8242, and Risk Adjusted Performance of 0.0144 to validate if the risk estimate we provide is consistent with the expected return of 0.0172%. The fund retains a Market Volatility (i.e., Beta) of -0.0838, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Great-west Inflation-protec are expected to decrease at a much lower rate. During the bear market, Great-west Inflation-protec is likely to outperform the market.
Auto-correlation | -0.06 |
Very weak reverse predictability
Great West Inflation Protected Securities has very weak reverse predictability. Overlapping area represents the amount of predictability between Great-west Inflation-protec time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. 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 Inflation-protec price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Great-west Inflation-protec price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great-west Inflation-protec lagged returns against current returns
Autocorrelation, which is Great-west Inflation-protec 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 Inflation-protec's mutual fund expected returns. We can calculate the autocorrelation of Great-west Inflation-protec returns to help us make a trade decision. For example, suppose you find that Great-west Inflation-protec 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 Inflation-protec 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 Inflation-protec mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Inflation-protec 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 Inflation-protec mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Inflation-protec Lagged Returns
When evaluating Great-west Inflation-protec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Inflation-protec mutual fund have on its future price. Great-west Inflation-protec 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 Inflation-protec autocorrelation shows the relationship between Great-west Inflation-protec mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Inflation Protected Securities.
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 Inflation-protec 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 Inflation-protec security.
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