Voya Midcap Opportunities Fund Probability of Future Mutual Fund Price Finishing Over 6.37
| IIMOX Fund | USD 5.33 0.04 0.74% |
Voya |
Voya Midcap Target Price Odds to finish over 6.37
The tendency of Voya Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 6.37 or more in 90 days |
| 5.33 | 90 days | 6.37 | near 1 |
Based on a normal probability distribution, the odds of Voya Midcap to move over $ 6.37 or more in 90 days from now is near 1 (This Voya Midcap Opportunities probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Midcap Opportunities price to stay between its current price of $ 5.33 and $ 6.37 at the end of the 90-day period is about 86.23 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.12 . This usually indicates Voya Midcap Opportunities market returns are sensitive to returns on the market. As the market goes up or down, Voya Midcap is expected to follow. Additionally Voya Midcap Opportunities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Voya Midcap Price Density |
| Price |
Predictive Modules for Voya Midcap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voya Midcap Opportunities. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Midcap's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Voya Midcap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Midcap is not an exception. The market had few large corrections towards the Voya Midcap's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Voya Midcap Opportunities, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Midcap within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.12 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.11 |
Voya Midcap Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Voya Midcap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Midcap Opportunities can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Voya Midcap generated a negative expected return over the last 90 days | |
| The fund retains 96.35% of its assets under management (AUM) in equities |
Voya Midcap Technical Analysis
Voya Midcap's future price can be derived by breaking down and analyzing its technical indicators over time. Voya Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Voya Midcap Opportunities. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Voya Midcap Predictive Forecast Models
Voya Midcap's time-series forecasting models is one of many Voya Midcap's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Voya Midcap's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Voya Midcap Opportunities
Checking the ongoing alerts about Voya Midcap for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Midcap Opportunities help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Voya Midcap generated a negative expected return over the last 90 days | |
| The fund retains 96.35% of its assets under management (AUM) in equities |
Check out Voya Midcap Backtesting, Portfolio Optimization, Voya Midcap Correlation, Voya Midcap Hype Analysis, Voya Midcap Volatility, Voya Midcap History as well as Voya Midcap Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.