Great West Servative Profile Fund Market Value
| MXIPX Fund | USD 9.34 0.04 0.43% |
| Symbol | Great-west |
Great-west Conservative '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 Conservative'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 Conservative.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Great-west Conservative on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Great West Servative Profile or generate 0.0% return on investment in Great-west Conservative over 30 days. Great-west Conservative is related to or competes with Prudential Real, Nexpoint Real, Columbia Real, Tiaa Cref, Short Real, and Tiaa-cref Real. The fund invests assets in funds according to the following asset allocation ranges 0 percent to 15 percent of assets in... More
Great-west Conservative 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 Conservative'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 Servative Profile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3859 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 1.72 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4334 |
Great-west Conservative Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Conservative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Conservative's standard deviation. In reality, there are many statistical measures that can use Great-west Conservative historical prices to predict the future Great-west Conservative's volatility.| Risk Adjusted Performance | 0.0105 | |||
| Jensen Alpha | (0.0009) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 0.0112 |
Great-west Conservative Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great-west Conservative holds Efficiency (Sharpe) Ratio of 0.068, which attests that the entity had a 0.068 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west Conservative, which you can use to evaluate the volatility of the entity. Please check out Great-west Conservative's Market Risk Adjusted Performance of 0.0212, risk adjusted performance of 0.0105, and Downside Deviation of 0.3859 to validate if the risk estimate we provide is consistent with the expected return of 0.0202%. The fund retains a Market Volatility (i.e., Beta) of 0.0158, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Conservative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Conservative is expected to be smaller as well.
Auto-correlation | 0.31 |
Below average predictability
Great West Servative Profile has below average predictability. Overlapping area represents the amount of predictability between Great-west Conservative time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Conservative price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Great-west Conservative price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great-west Conservative lagged returns against current returns
Autocorrelation, which is Great-west Conservative 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 Conservative's mutual fund expected returns. We can calculate the autocorrelation of Great-west Conservative returns to help us make a trade decision. For example, suppose you find that Great-west Conservative 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 Conservative 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 Conservative mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Conservative 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 Conservative mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Conservative Lagged Returns
When evaluating Great-west Conservative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Conservative mutual fund have on its future price. Great-west Conservative 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 Conservative autocorrelation shows the relationship between Great-west Conservative mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Servative Profile.
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 Conservative 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 Conservative security.
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