Great West T Rowe Fund Market Value

MXMGX Fund  USD 37.02  0.44  1.20%   
Great-west's market value is the price at which a share of Great-west trades on a public exchange. It measures the collective expectations of Great West T Rowe investors about its performance. Great-west is trading at 37.02 as of the 2nd of March 2025; that is 1.20 percent up since the beginning of the trading day. The fund's open price was 36.58.
With this module, you can estimate the performance of a buy and hold strategy of Great West T Rowe and determine expected loss or profit from investing in Great-west over a given investment horizon. Check out Great-west Correlation, Great-west Volatility and Great-west Alpha and Beta module to complement your research on Great-west.
Symbol

Please note, there is a significant difference between Great-west's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great-west is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great-west's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Great-west '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'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.
0.00
01/01/2025
No Change 0.00  0.0 
In 2 months and 2 days
03/02/2025
0.00
If you would invest  0.00  in Great-west on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Great West T Rowe or generate 0.0% return on investment in Great-west over 60 days. Great-west is related to or competes with Transamerica High, Pace High, Barings Us, Siit High, Aqr Alternative, Alpine High, and Gmo High. The fund will, under normal circumstances, invest at least 80 percent of its net assets in equity securities of mid-capi... More

Great-west 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'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 T Rowe upside and downside potential and time the market with a certain degree of confidence.

Great-west Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west's standard deviation. In reality, there are many statistical measures that can use Great-west historical prices to predict the future Great-west's volatility.
Hype
Prediction
LowEstimatedHigh
36.0137.0238.03
Details
Intrinsic
Valuation
LowRealHigh
36.5337.5438.55
Details
Naive
Forecast
LowNextHigh
36.0737.0838.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
36.8738.4740.06
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Great-west. Your research has to be compared to or analyzed against Great-west's peers to derive any actionable benefits. When done correctly, Great-west's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Great West T.

Great West T Backtested Returns

Great West T holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17 % return per unit of risk over the last 3 months. Great West T exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Great-west's Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.17), and Standard Deviation of 1.0 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Great-west's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west is expected to be smaller as well.

Auto-correlation

    
  -0.77  

Almost perfect reverse predictability

Great West T Rowe has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Great-west time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 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 T price movement. The serial correlation of -0.77 indicates that around 77.0% of current Great-west price fluctuation can be explain by its past prices.
Correlation Coefficient-0.77
Spearman Rank Test-0.75
Residual Average0.0
Price Variance0.6
Great-west ReturnsGreat-west Lagged ReturnsDiversified AwayGreat-west ReturnsGreat-west Lagged ReturnsDiversified Away100%

Great West T lagged returns against current returns

Autocorrelation, which is Great-west 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's mutual fund expected returns. We can calculate the autocorrelation of Great-west returns to help us make a trade decision. For example, suppose you find that Great-west 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   
JavaScript chart by amCharts 3.21.15Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 24Feb 28-6%-4%-2%0%2%4%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Great-west 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 mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west 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 mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 24Feb 2837.037.538.038.539.039.5
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Great-west Lagged Returns

When evaluating Great-west's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west mutual fund have on its future price. Great-west 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 autocorrelation shows the relationship between Great-west mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West T Rowe.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15JanJan 13Jan 20Jan 27FebFeb 10Feb 17Feb 2436.537.037.538.038.539.039.5
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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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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