Great West E Strategies Fund Buy Hold or Sell Recommendation
MXECX Fund | USD 9.91 0.07 0.71% |
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding Great West E Strategies is 'Hold'. Macroaxis provides Great-west buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MXECX positions. The advice algorithm takes into account all of Great-west's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Great-west's buy or sell advice are summarized below:
Real Value 9.81 | Hype Value 9.91 | Market Value 9.91 | Naive Value 9.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Great West E Strategies given historical horizon and risk tolerance towards Great-west. When Macroaxis issues a 'buy' or 'sell' recommendation for Great West E Strategies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Great-west |
Execute Great-west Buy or Sell Advice
The Great-west recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Great West E Strategies. Macroaxis does not own or have any residual interests in Great West E Strategies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Great-west's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Great-west Trading Alerts and Improvement Suggestions
Great-west Returns Distribution Density
The distribution of Great-west's historical returns is an attempt to chart the uncertainty of Great-west's future price movements. The chart of the probability distribution of Great-west daily returns describes the distribution of returns around its average expected value. We use Great West E Strategies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Great-west returns is essential to provide solid investment advice for Great-west.
Mean Return | 0.11 | Value At Risk | -1.19 | Potential Upside | 1.14 | Standard Deviation | 0.67 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Great-west historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Great-west Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Great-west or Great-West Funds sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Great-west's price will be affected by overall mutual fund market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Great-west fund's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.09 | |
β | Beta against NYSE Composite | 0.1 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.04 |
Great-west Volatility Alert
Great West E Strategies has low volatility with Treynor Ratio of 1.04, Maximum Drawdown of 3.55 and kurtosis of 1.32. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Great-west's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Great-west's mutual fund price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Great-west Fundamentals Vs Peers
Comparing Great-west's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Great-west's direct or indirect competition across all of the common fundamentals between Great-west and the related equities. This way, we can detect undervalued stocks with similar characteristics as Great-west or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Great-west's fundamental indicators could also be used in its relative valuation, which is a method of valuing Great-west by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Great-west to competition |
Fundamentals | Great-west | Peer Average |
Annual Yield | 0.04 % | 0.29 % |
Year To Date Return | 4.57 % | 0.39 % |
One Year Return | 17.17 % | 4.15 % |
Three Year Return | 3.13 % | 3.60 % |
Five Year Return | 7.04 % | 3.24 % |
Net Asset | 83.17 M | 4.11 B |
Last Dividend Paid | 0.39 | 0.65 |
Cash Position Weight | 0.22 % | 10.61 % |
Equity Positions Weight | 99.64 % | 63.90 % |
Great-west Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Great-west . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 9.91 | |||
Day Typical Price | 9.91 | |||
Price Action Indicator | 0.035 | |||
Period Momentum Indicator | 0.07 | |||
Relative Strength Index | 81.23 |
About Great-west Buy or Sell Advice
When is the right time to buy or sell Great West E Strategies? Buying financial instruments such as Great-west Mutual Fund isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Great-west in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Apparel Thematic Idea Now
Apparel
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Apparel theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Apparel Theme or any other thematic opportunities.
View All Next | Launch |
Check out Great-west Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Great-west E Strategies information on this page should be used as a complementary analysis to other Great-west's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Great-west Mutual Fund analysis
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.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |