Great West Securefoundation Balanced Fund Market Value
| SFBPX Fund | USD 12.03 0.05 0.42% |
| Symbol | Great-west |
Great-west Securefoundation '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 Securefoundation'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 Securefoundation.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Great-west Securefoundation on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Great West Securefoundation Balanced or generate 0.0% return on investment in Great-west Securefoundation over 300 days. Great-west Securefoundation is related to or competes with Great-west Lifetime, Great-west Lifetime, Great-west Lifetime, Great-west Lifetime, Great-west Moderately, Great-west, and Great-west Lifetime. The fund normally invests 45-65 percent of its net assets in underlying ETFs that invest primarily in equity securities ... More
Great-west Securefoundation 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 Securefoundation'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 Securefoundation Balanced upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6001 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 2.87 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.8439 |
Great-west Securefoundation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Securefoundation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Great-west Securefoundation's standard deviation. In reality, there are many statistical measures that can use Great-west Securefoundation historical prices to predict the future Great-west Securefoundation's volatility.| Risk Adjusted Performance | 0.0332 | |||
| Jensen Alpha | 0.0139 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 1.24 |
Great-west Securefoundation Backtested Returns
At this stage we consider Great-west Mutual Fund to be very steady. Great-west Securefoundation holds Efficiency (Sharpe) Ratio of 0.0321, which attests that the entity had a 0.0321% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west Securefoundation, which you can use to evaluate the volatility of the entity. Please check out Great-west Securefoundation's Downside Deviation of 0.6001, risk adjusted performance of 0.0332, and Market Risk Adjusted Performance of 1.25 to validate if the risk estimate we provide is consistent with the expected return of 0.0158%. The fund retains a Market Volatility (i.e., Beta) of 0.0124, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Securefoundation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Securefoundation is expected to be smaller as well.
Auto-correlation | 0.46 |
Average predictability
Great West Securefoundation Balanced has average predictability. Overlapping area represents the amount of predictability between Great-west Securefoundation time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Securefoundation price movement. The serial correlation of 0.46 indicates that about 46.0% of current Great-west Securefoundation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Great-west Securefoundation lagged returns against current returns
Autocorrelation, which is Great-west Securefoundation 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 Securefoundation's mutual fund expected returns. We can calculate the autocorrelation of Great-west Securefoundation returns to help us make a trade decision. For example, suppose you find that Great-west Securefoundation 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 Securefoundation 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 Securefoundation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Great-west Securefoundation 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 Securefoundation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Great-west Securefoundation Lagged Returns
When evaluating Great-west Securefoundation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Great-west Securefoundation mutual fund have on its future price. Great-west Securefoundation 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 Securefoundation autocorrelation shows the relationship between Great-west Securefoundation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Great West Securefoundation Balanced.
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 Securefoundation 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 Securefoundation security.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |