Voya Asia Pacific Fund Price on February 23, 2023

IAE Fund  USD 5.91  0.03  0.51%   
Below is the normalized historical share price chart for Voya Asia Pacific extending back to March 28, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Voya Asia stands at 5.91, as last reported on the 18th of April 2024, with the highest price reaching 5.95 and the lowest price hitting 5.91 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Voya Fund, it is important to understand the factors that can impact its price. We consider Voya Asia not too volatile. Voya Asia Pacific owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Voya Asia Pacific, which you can use to evaluate the volatility of the fund. Please validate Voya Asia's Risk Adjusted Performance of 0.0279, coefficient of variation of 2510.06, and Semi Deviation of 0.8736 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
Voya Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1345

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Estimated Market Risk

 0.79
  actual daily
6
94% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Voya Asia is performing at about 10% of its full potential. 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 Voya Asia by adding it to a well-diversified portfolio.
Market Capitalization
89.8 M

Voya Asia Valuation on February 23, 2023

It is possible to determine the worth of Voya Asia on a given historical date. On February 23, 2023 Voya was worth 6.46 at the beginning of the trading date compared to the closed value of 5.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voya Asia fund. Still, in general, we apply an absolute valuation method to find Voya Asia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Voya Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voya Asia's related companies.
 Open High Low Close Volume
  6.43    6.44    5.61    5.61    17,779  
02/23/2023
  6.46    6.48    5.62    5.62    18,672  
  6.33    6.35    5.53    5.53    22,986  
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Open Value
6.46
5.62
Closing Value
8.82
Upside

Voya Asia Trading Date Momentum on February 23, 2023

On February 24 2023 Voya Asia Pacific was traded for  5.53  at the closing time. Highest Voya Asia's price during the trading hours was 6.35  and the lowest price during the day was  5.53 . The net volume was 23 K. The overall trading history on the 24th of February contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.60% . The trading price change to current price is 15.48% .

Voya Asia Pacific Fundamentals Correlations and Trends

By evaluating Voya Asia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Voya Asia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Voya financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Voya Asia Fund history

Voya Asia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Voya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Voya Asia Pacific will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Voya Asia stock prices may prove useful in developing a viable investing in Voya Asia
Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. Voya Asia Pacific High Dividend Equity Income Fund was formed on January 8, 2007 and is domiciled in the United States. VOYA Asia operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Voya Asia Fund Technical Analysis

Voya Asia technical 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.
A focus of Voya Asia technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya Asia trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Voya Asia Period Price Range

Low
February 23, 2023
-0.84  -13%
High

 6.46 

     

 5.62 

Voya Asia April 18, 2024 Market Strength

Market strength indicators help investors to evaluate how Voya Asia fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Voya Asia shares will generate the highest return on investment. By undertsting and applying Voya Asia fund market strength indicators, traders can identify Voya Asia Pacific entry and exit signals to maximize returns

Voya Asia Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Voya Asia's price direction in advance. Along with the technical and fundamental analysis of Voya Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Voya to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Voya Asia Pacific. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Voya Asia Pacific information on this page should be used as a complementary analysis to other Voya Asia'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Voya Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Asia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.