GreatWest risk analysis

Use GreatWest Lifeco Inc (#2384951CA) risk analysis concurrently with your other holdings, portfolios, and investing themes to enhance returns of your portfolios and to back test it against optimization strategy that fits your risk preferences.  Analyze Themes

Projected Return Density against Market

Assuming 30 trading days horizon, GreatWest has beta of 0.74 . This indicates as returns on market go up, GreatWest avarage returns are expected to increase less than the benchmark. However during bear market, the loss on holding GreatWest Lifeco Inc will be expected to be much smaller as well. Moreover, GreatWest Lifeco Inc has alpha of 0.74 implying that it can potentially generate 0.74% excess return over Canada Composite after adjusting for the inherited market risk (beta).Assuming 30 trading days horizon, the coefficient of variation of GreatWest is 134.04. The daily returns are destributed with a variance of 0.5 and standard deviation of 0.71. The mean deviation of GreatWest Lifeco Inc is currently at 0.61. For similar time horizon, the selected benchmark (Canada Composite) has volatility of 0.68

	(alpha)	=	0.74	Details
	(beta)	=	0.74	Details
	(volatility)	=	0.71	Details

Actual Return Volatility

GreatWest Lifeco Inc assumes 0.71% volatility of returns over the 30 days investment horizon. Canada Composite accepts 0.68% volatility on return distribution over the 30 days horizon.