Great West Lifeco Stock Performance

GWO Stock  CAD 39.92  0.36  0.91%   
The company retains a Market Volatility (i.e., Beta) of 0.23, which attests to not very significant fluctuations relative to the market. 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. At this point, Great West Lifeco has a negative expected return of -0.0838%. Please make sure to check out Great West's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Great West Lifeco performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Great West Lifeco has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Great West is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield
0.0556
Payout Ratio
0.5193
Last Split Factor
2:1
Forward Dividend Rate
2.22
Dividend Date
2024-06-28
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Great-West Lifeco Inc Pr. G Quote - Press Release - The Globe and Mail
03/26/2024
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Great West Lifeco Pref Ser Q Quote - Press Release - The Globe and Mail
04/05/2024
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Great-West Lifeco Inc. to Post FY2024 Earnings of 4.18 Per Share, Desjardins Forecasts - MarketBeat
04/12/2024
4
Closing Bell Great-West Lifeco Inc up on Wednesday - The Globe and Mail
04/24/2024
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BMO raises Great-West Lifeco stock PT, highlights 5.3 percent dividend yield By Investing.com - Investing.com Canada
05/03/2024
6
Closing Bell Great-West Lifeco Inc. down on Friday - The Globe and Mail
05/08/2024
7
Great West Lifeco Inc Pref Srs N Quote - Press Release - The Globe and Mail
05/15/2024
8
Closing Bell Great-West Lifeco Inc down on Wednesday - The Globe and Mail
05/22/2024
9
Great-West Lifecos Preferred Shares, Series L, Cross 6.5 percent Yield Mark - Nasdaq
06/07/2024
Begin Period Cash Flow8.6 B
  

Great West Relative Risk vs. Return Landscape

If you would invest  4,226  in Great West Lifeco on March 11, 2024 and sell it today you would lose (234.00) from holding Great West Lifeco or give up 5.54% of portfolio value over 90 days. Great West Lifeco is producing return of less than zero assuming 1.0228% volatility of returns over the 90 days investment horizon. Simply put, 9% of all stocks have less volatile historical return distribution than Great West, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon Great West is expected to under-perform the market. In addition to that, the company is 1.64 times more volatile than its market benchmark. It trades about -0.08 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.02 per unit of volatility.

Great West Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Great West's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Great West Lifeco, and traders can use it to determine the average amount a Great West's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0819

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Negative ReturnsGWO

Estimated Market Risk

 1.02
  actual daily
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91% of assets are more volatile

Expected Return

 -0.08
  actual daily
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Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Great West is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Great West by adding Great West to a well-diversified portfolio.

Great West Fundamentals Growth

Great Stock prices reflect investors' perceptions of the future prospects and financial health of Great West, and Great West fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Great Stock performance.

About Great West Performance

To evaluate Great West Lifeco Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Great West generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Great Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Great West Lifeco market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Great's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.11  0.15 

Things to note about Great West Lifeco performance evaluation

Checking the ongoing alerts about Great West for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Great West Lifeco help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Great West Lifeco generated a negative expected return over the last 90 days
About 71.0% of the company shares are held by company insiders
Latest headline from news.google.com: Great-West Lifecos Preferred Shares, Series L, Cross 6.5 percent Yield Mark - Nasdaq
Evaluating Great West's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Great West's stock performance include:
  • Analyzing Great West's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Great West's stock is overvalued or undervalued compared to its peers.
  • Examining Great West's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Great West's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great West's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Great West's stock. These opinions can provide insight into Great West's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Great West's stock performance is not an exact science, and many factors can impact Great West's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Great Stock

Great West financial ratios help investors to determine whether Great Stock 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 with respect to the benefits of owning Great West security.