Voya Target Financials
VTRJX Fund | USD 14.12 0.06 0.42% |
Voya |
Please note that past performance is not an indicator of the future performance of Voya Target, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Voya Target Fund Summary
Voya Target competes with Vanguard Target, American Funds, Fidelity Freedom, and Fidelity Freedom. The fund invests primarily in a combination of underlying funds, which are actively managed funds or passively managed funds. The underlying funds invest in U.S. stocks, international stocks, U.S. bonds, and other debt instruments and the fund uses an asset allocation strategy designed for investors expecting to retire around the year 2040. The funds current approximate target investment allocation among the underlying funds is as follows 77 percent in equity securities and 23 percent in debt instruments.Specialization | Target-Date 2040, Large Blend |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
Business Address | Voya Separate Portfolios |
Mutual Fund Family | Voya |
Mutual Fund Category | Target-Date 2040 |
Benchmark | NYSE Composite |
Phone | 800 992 0180 |
Currency | USD - US Dollar |
You should never invest in Voya Target Retirement without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Voya Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Voya Target's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Voya Target Key Financial Ratios
Generally speaking, Voya Target's financial ratios allow both analysts and investors to convert raw data from Voya Target's financial statements into concise, actionable information that can be used to evaluate the performance of Voya Target over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Voya Target Retirement reports annually and quarterly.Voya Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Voya Target's current stock value. Our valuation model uses many indicators to compare Voya Target value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voya Target competition to find correlations between indicators driving Voya Target's intrinsic value. More Info.Voya Target Retirement is rated third in annual yield among similar funds. It is rated fourth in year to date return among similar funds creating about 498.36 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Voya Target by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Voya Target's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Voya Target's earnings, one of the primary drivers of an investment's value.Voya Target Retirement Systematic Risk
Voya Target's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Voya Target volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Voya Target Retirement correlated with the market. If Beta is less than 0 Voya Target generally moves in the opposite direction as compared to the market. If Voya Target Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Voya Target Retirement is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Voya Target is generally in the same direction as the market. If Beta > 1 Voya Target moves generally in the same direction as, but more than the movement of the benchmark.
Voya Target May 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Voya Target help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Voya Target Retirement. We use our internally-developed statistical techniques to arrive at the intrinsic value of Voya Target Retirement based on widely used predictive technical indicators. In general, we focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Voya Target's daily price indicators and compare them against related drivers.
Downside Deviation | 0.6021 | |||
Information Ratio | 0.0031 | |||
Maximum Drawdown | 2.8 | |||
Value At Risk | (0.88) | |||
Potential Upside | 0.9651 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Target Retirement. 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 inflation. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.