Great West E Strategies Fund Manager Performance Evaluation
| MXEGX Fund | USD 3.66 0.00 0.00% |
The fund retains a Market Volatility (i.e., Beta) of 0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Great-west Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Great-west Core is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Great West E Strategies has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Great-west Core is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.3500 |
Great-west |
Great-west Core Relative Risk vs. Return Landscape
If you would invest 368.00 in Great West E Strategies on January 24, 2024 and sell it today you would lose (2.00) from holding Great West E Strategies or give up 0.54% of portfolio value over 90 days. Great West E Strategies is currently producing negative expected returns and takes up 0.2904% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Great-west, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Great-west Core Current Valuation
Fairly Valued
Today
Please note that Great-west Core's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. Great-west Core retains a regular Real Value of $3.67 per share. The prevalent price of the fund is $3.66. We determine the value of Great-west Core from evaluating fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we encourage acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will come together.
Our valuation method for Great West E Strategies is useful when determining the fair value of the Great-west mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Great-west Core. Since Great-west Core is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Great-west Mutual Fund. However, Great-west Core's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 3.66 | Real 3.67 | Hype 3.66 |
The real value of Great-west Mutual Fund, also known as its intrinsic value, is the underlying worth of Great-west Core Mutual Fund, which is reflected in its stock price. It is based on Great-west Core's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Great-west Core's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Great-west Core's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Great West E Strategies helps investors to forecast how Great-west mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Great-west Core more accurately as focusing exclusively on Great-west Core's fundamentals will not take into account other important factors: Great-west Core Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Great-west Core's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Great West E Strategies, and traders can use it to determine the average amount a Great-west Core'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 = -0.0288
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MXEGX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Great-west Core 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 Core by adding Great-west Core to a well-diversified portfolio.
Great-west Core Fundamentals Growth
Great-west Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Great-west Core, and Great-west Core 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-west Mutual Fund performance.
| Total Asset | 27.87 M | ||||
About Great-west Core Performance
To evaluate Great-west Core Mutual Fund 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 Core 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-west Mutual Fund'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 Core market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Great-west'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.The fund will, under normal circumstances, invest at least 80 percent of its net assets in inflation-protected securities of varying maturities issued by the U.S. Treasury and other U.S. and non-U.S. government agencies and corporations, and other instruments, including inflation-linked swaps, with similar economic characteristics.Things to note about Great-west Core performance evaluation
Checking the ongoing alerts about Great-west Core for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Great-west Core help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Great-west Core generated a negative expected return over the last 90 days | |
| The fund generated three year return of 0.0% | |
| Great-west Core maintains all of the assets in different exotic instruments |
- Analyzing Great-west Core'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 Core's stock is overvalued or undervalued compared to its peers.
- Examining Great-west Core'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 Core's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Great-west Core's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Great-west Core's mutual fund. These opinions can provide insight into Great-west Core's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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 price. Note that the Great-west Core information on this page should be used as a complementary analysis to other Great-west Core'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .