Great West Moderate Profile Fund Volatility
| MXGPX Fund | USD 11.65 0.11 0.95% |
At this stage we consider Great-west Mutual Fund to be very steady. Great West Moderate holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Great West Moderate, which you can use to evaluate the volatility of the entity. Please check out Great-west Moderate's Downside Deviation of 0.5644, risk adjusted performance of 0.095, and Market Risk Adjusted Performance of 0.9417 to validate if the risk estimate we provide is consistent with the expected return of 0.0695%. Key indicators related to Great-west Moderate's volatility include:
300 Days Market Risk | Chance Of Distress | 300 Days Economic Sensitivity |
Great-west Moderate Mutual Fund volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Great-west daily returns, and it is calculated using variance and standard deviation. We also use Great-west's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Great-west Moderate volatility.
Great-west |
Downward market volatility can be a perfect environment for investors who play the long game with Great-west Moderate. They may decide to buy additional shares of Great-west Moderate at lower prices to lower the average cost per share, thereby improving their portfolio's performance when markets normalize.
Moving together with Great-west Mutual Fund
| 0.99 | SFBPX | Great West Securefou | PairCorr |
| 0.93 | MXAGX | Great West Lifetime | PairCorr |
| 0.93 | MXAKX | Great West Lifetime | PairCorr |
| 0.93 | MXAHX | Great West Lifetime | PairCorr |
| 0.86 | MXBQX | Great West Lifetime | PairCorr |
| 0.86 | MXBOX | Great West Lifetime | PairCorr |
| 0.99 | MXBPX | Great West Moderately | PairCorr |
| 0.77 | MXBUX | Great West Sp | PairCorr |
| 0.87 | MXBSX | Great West Lifetime | PairCorr |
Great-west Moderate Market Sensitivity And Downside Risk
Great-west Moderate's beta coefficient measures the volatility of Great-west mutual fund compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Great-west mutual fund's returns against your selected market. In other words, Great-west Moderate's beta of 0.0576 provides an investor with an approximation of how much risk Great-west Moderate mutual fund can potentially add to one of your existing portfolios. Great West Moderate Profile exhibits very low volatility with skewness of -0.36 and kurtosis of 0.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Great-west Moderate'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 Moderate'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.
3 Months Beta |Analyze Great West Moderate Demand TrendCheck current 90 days Great-west Moderate correlation with market (Dow Jones Industrial)Great-west Beta |
Great-west standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.52 |
It is essential to understand the difference between upside risk (as represented by Great-west Moderate's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Great-west Moderate's daily returns or price. Since the actual investment returns on holding a position in great-west mutual fund tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Great-west Moderate.
Great West Moderate Mutual Fund Volatility Analysis
Volatility refers to the frequency at which Great-west Moderate fund price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Great-west Moderate's price changes. Investors will then calculate the volatility of Great-west Moderate's mutual fund to predict their future moves. A fund that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A mutual fund with relatively stable price changes has low volatility. A highly volatile fund is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Great-west Moderate's volatility:
Historical Volatility
This type of fund volatility measures Great-west Moderate's fluctuations based on previous trends. It's commonly used to predict Great-west Moderate's future behavior based on its past. However, it cannot conclusively determine the future direction of the mutual fund.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Great-west Moderate's current market price. This means that the fund will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Great-west Moderate's to be redeemed at a future date.Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Great West Moderate Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Great-west Moderate Projected Return Density Against Market
Assuming the 90 days horizon Great-west Moderate has a beta of 0.0576 . This indicates as returns on the market go up, Great-west Moderate average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Great West Moderate Profile will be expected to be much smaller as well.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 Moderate 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 Moderate'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.
Great West Moderate Profile has an alpha of 0.0476, implying that it can generate a 0.0476 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Great-west Moderate Price Volatility?
Several factors can influence a fund's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Great-west Moderate Mutual Fund Risk Measures
Assuming the 90 days horizon the coefficient of variation of Great-west Moderate is 741.73. The daily returns are distributed with a variance of 0.27 and standard deviation of 0.52. The mean deviation of Great West Moderate Profile is currently at 0.38. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.52 | |
Ir | Information ratio | -0.1 |
Great-west Moderate Mutual Fund Return Volatility
Great-west Moderate historical daily return volatility represents how much of Great-west Moderate fund's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The fund shows 0.5158% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.8114% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Great-west Moderate Volatility
Volatility is a rate at which the price of Great-west Moderate or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Great-west Moderate may increase or decrease. In other words, similar to Great-west's beta indicator, it measures the risk of Great-west Moderate and helps estimate the fluctuations that may happen in a short period of time. So if prices of Great-west Moderate fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.The fund usually invests assets in underlying funds according to the following asset allocation ranges 0 percent to 30 percent of assets in international funds, 0 percent to 25 percent of assets in small cap funds, 0-10 percent of assets in emerging markets funds, 0 percent to 30 percent of assets in mid cap funds, 10 percent to 40 percent in large cap funds, 0-10 percent of assets in real estate, and 10 percent to 30 percent in bond funds and 5 percent to 25 percent in short term bond funds. While the fund is non-diversified, it invests in diversified underlying holdings.
Great-west Moderate's stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Great-west Mutual Fund over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Great-west Moderate's price varies over time.
3 ways to utilize Great-west Moderate's volatility to invest better
Higher Great-west Moderate's fund volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Great West Moderate fund is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Great West Moderate fund volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Great West Moderate investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Great-west Moderate's fund can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Great-west Moderate's fund relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Great-west Moderate Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.81 and is 1.56 times more volatile than Great West Moderate Profile. 4 percent of all equities and portfolios are less risky than Great-west Moderate. You can use Great West Moderate Profile to enhance the returns of your portfolios. The mutual fund experiences a moderate upward volatility. Check odds of Great-west Moderate to be traded at $12.82 in 90 days.Significant diversification
The correlation between Great West Moderate Profile and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great West Moderate Profile and DJI in the same portfolio, assuming nothing else is changed.
Great-west Moderate Additional Risk Indicators
The analysis of Great-west Moderate's secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Great-west Moderate's investment and either accepting that risk or mitigating it. Along with some common measures of Great-west Moderate mutual fund's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.095 | |||
| Market Risk Adjusted Performance | 0.9417 | |||
| Mean Deviation | 0.378 | |||
| Semi Deviation | 0.4041 | |||
| Downside Deviation | 0.5644 | |||
| Coefficient Of Variation | 791.34 | |||
| Standard Deviation | 0.5038 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential mutual funds, we recommend comparing similar funds with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Great-west Moderate Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Great-west Moderate as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Great-west Moderate's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Great-west Moderate's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Great West Moderate Profile.
Other Information on Investing in Great-west Mutual Fund
Great-west Moderate financial ratios help investors to determine whether Great-west Mutual Fund 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-west with respect to the benefits of owning Great-west Moderate security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |