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.
  
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.
In addition, we conduct extensive research on individual funds such as Great-west and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Great West E Strategies. 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 main economic indicators.

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

Execute Advice
Sell Great-westBuy Great-west
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Analyst Consensus

Not AvailableDetails
For the selected time horizon Great West E Strategies has a Risk Adjusted Performance of 0.094, Jensen Alpha of 0.0887, Total Risk Alpha of (0.05), Sortino Ratio of (0.03) and Treynor Ratio of 1.04
We provide advice to complement the regular expert consensus on Great-west. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the fund's potential to grow using all technical and fundamental data available at the time. Please utilize Great West E Strategies year to date return and last dividend paid to make buy, hold, or sell decision on Great-west.

Great-west Trading Alerts and Improvement Suggestions

The fund maintains 99.64% of its assets in stocks

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 Composite0.1
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
FundamentalsGreat-westPeer Average
Annual Yield0.04 %0.29 %
Year To Date Return4.57 %0.39 %
One Year Return17.17 %4.15 %
Three Year Return3.13 %3.60 %
Five Year Return7.04 %3.24 %
Net Asset83.17 M4.11 B
Last Dividend Paid0.390.65
Cash Position Weight0.22 %10.61 %
Equity Positions Weight99.64 %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.

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
Apparel Theme
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.
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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.

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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.