Great West Sp 500 Fund Market Value

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 Sp 500 investors about its performance.
With this module, you can estimate the performance of a buy and hold strategy of Great West Sp 500 and determine expected loss or profit from investing in Great-west over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Great-west on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Great West Sp 500 or generate 0.0% return on investment in Great-west over 720 days. Great-west is related to or competes with Rbb Fund, Balanced Fund, Qs Growth, Artisan Thematic, Volumetric Fund, Lord Abbett, and Aqr Diversified. The fund invests at least 80 percent of its net assets in common stocks included in its benchmark index 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 Sp 500 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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Great-west's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
33.0333.6934.35
Details
Intrinsic
Valuation
LowRealHigh
30.3234.8735.53
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 Sp 500.

Great-west Sp 500 Backtested Returns

We consider Great-west very steady. Great-west Sp 500 holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great-west Sp 500, which you can use to evaluate the volatility of the entity. Please check out Great-west's Market Risk Adjusted Performance of 0.2009, risk adjusted performance of 0.1386, and Downside Deviation of 0.5619 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. The fund retains a Market Volatility (i.e., Beta) of 0.8, 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

    
  0.08  

Virtually no predictability

Great West Sp 500 has virtually no predictability. Overlapping area represents the amount of predictability between Great-west time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Sp 500 price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Great-west price fluctuation can be explain by its past prices.
Correlation Coefficient0.08
Spearman Rank Test-0.13
Residual Average0.0
Price Variance4.35

Great-west Sp 500 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   
       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   
       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 Sp 500.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Great-west in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Great-west's short interest history, or implied volatility extrapolated from Great-west options trading.

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Check out Great-west Correlation, Great-west Volatility and Great-west Alpha and Beta module to complement your research on Great-west.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Great-west's price analysis, check to measure Great-west's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Great-west is operating at the current time. Most of Great-west's value examination focuses on studying past and present price action to predict the probability of Great-west's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Great-west's price. Additionally, you may evaluate how the addition of Great-west to your portfolios can decrease your overall portfolio volatility.
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Great-west technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Great-west technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Great-west trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...