Great West Moderate Profile Fund Market Value
| MXMPX Fund | USD 6.79 0.06 0.89% |
| Symbol | Great-west |
Great-west Moderate '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 Moderate'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 Moderate.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Great-west Moderate on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Moderate Profile or generate 0.0% return on investment in Great-west Moderate over 30 days. Great-west Moderate is related to or competes with American Funds, American Funds, American Balanced, American Balanced, American Balanced, American Balanced, and American Balanced. The fund usually invests assets in underlying funds according to the following asset allocation ranges 0 percent to 30 p... More
Great-west Moderate 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 Moderate'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 Moderate Profile upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 3.11 | |||
| Value At Risk | (0.74) | |||
| Potential Upside | 0.7474 |
Great-west Moderate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Moderate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Moderate's standard deviation. In reality, there are many statistical measures that can use Great-west Moderate historical prices to predict the future Great-west Moderate's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.06) |
Great West Moderate Backtested Returns
Great West Moderate holds Efficiency (Sharpe) Ratio of -0.002, which attests that the entity had a -0.002% return per unit of risk over the last 3 months. Great West Moderate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Great-west Moderate's Market Risk Adjusted Performance of (0.05), risk adjusted performance of (0.02), and Standard Deviation of 0.505 to validate the risk estimate we provide. The fund retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Great-west Moderate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Moderate is expected to be smaller as well.
Auto-correlation | 0.79 |
Good predictability
Great West Moderate Profile has good predictability. Overlapping area represents the amount of predictability between Great-west Moderate time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. 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 Moderate price movement. The serial correlation of 0.79 indicates that around 79.0% of current Great-west Moderate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Great West Moderate lagged returns against current returns
Autocorrelation, which is Great-west Moderate 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 Moderate's mutual fund expected returns. We can calculate the autocorrelation of Great-west Moderate returns to help us make a trade decision. For example, suppose you find that Great-west Moderate 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 Moderate 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 Moderate mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Moderate 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 Moderate mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Moderate Lagged Returns
When evaluating Great-west Moderate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Moderate mutual fund have on its future price. Great-west Moderate 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 Moderate autocorrelation shows the relationship between Great-west Moderate mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Moderate 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 Moderate 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 Moderate security.
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