Voya Solution Balanced Fund Market Value
ISGTX Fund | USD 8.86 0.05 0.57% |
Symbol | Voya |
Voya Solution 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Voya Solution's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Voya Solution.
04/09/2022 |
| 03/29/2024 |
If you would invest 0.00 in Voya Solution on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Voya Solution Balanced or generate 0.0% return on investment in Voya Solution over 720 days. Voya Solution is related to or competes with American Funds, American Funds, American Balanced, American Balanced, American Balanced, American Balanced, and American Balanced. The Portfolio invests in a combination of underlying funds, which are actively managed funds or passively managed funds More
Voya Solution Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Voya Solution's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Voya Solution Balanced upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.5548 | |||
Information Ratio | (0.11) | |||
Maximum Drawdown | 2.23 | |||
Value At Risk | (0.68) | |||
Potential Upside | 0.8413 |
Voya Solution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Solution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Solution's standard deviation. In reality, there are many statistical measures that can use Voya Solution historical prices to predict the future Voya Solution's volatility.Risk Adjusted Performance | 0.1014 | |||
Jensen Alpha | 0.0793 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.09) | |||
Treynor Ratio | (1.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Solution'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 Solution Balanced Backtested Returns
We consider Voya Solution very steady. Voya Solution Balanced owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Solution Balanced, which you can use to evaluate the volatility of the fund. Please validate Voya Solution's Semi Deviation of 0.252, coefficient of variation of 534.98, and Risk Adjusted Performance of 0.1014 to confirm if the risk estimate we provide is consistent with the expected return of 0.0904%. The entity has a beta of -0.0455, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Solution are expected to decrease at a much lower rate. During the bear market, Voya Solution is likely to outperform the market.
Auto-correlation | 0.17 |
Very weak predictability
Voya Solution Balanced has very weak predictability. Overlapping area represents the amount of predictability between Voya Solution time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Voya Solution Balanced price movement. The serial correlation of 0.17 indicates that over 17.0% of current Voya Solution price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.17 | |
Spearman Rank Test | -0.16 | |
Residual Average | 0.0 | |
Price Variance | 0.13 |
Voya Solution Balanced lagged returns against current returns
Autocorrelation, which is Voya Solution mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Voya Solution's mutual fund expected returns. We can calculate the autocorrelation of Voya Solution returns to help us make a trade decision. For example, suppose you find that Voya Solution has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Voya Solution regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Voya Solution mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Solution mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voya Solution mutual fund over time.
Current vs Lagged Prices |
Timeline |
Voya Solution Lagged Returns
When evaluating Voya Solution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Solution mutual fund have on its future price. Voya Solution autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Voya Solution autocorrelation shows the relationship between Voya Solution mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Solution Balanced.
Regressed Prices |
Timeline |
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When running Voya Solution's price analysis, check to measure Voya Solution's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Voya Solution is operating at the current time. Most of Voya Solution's value examination focuses on studying past and present price action to predict the probability of Voya Solution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voya Solution's price. Additionally, you may evaluate how the addition of Voya Solution to your portfolios can decrease your overall portfolio volatility.
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Voya Solution technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.