Voya Target Retirement Fund Price on March 11, 2024
| VRRNX Fund | USD 13.78 0.14 1.03% |
Below is the normalized historical share price chart for Voya Target Retirement extending back to June 01, 2018. 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 Target stands at 13.78, as last reported on the 17th of May 2024, with the highest price reaching 13.78 and the lowest price hitting 13.78 during the day.
If you're considering investing in Voya Mutual Fund, it is important to understand the factors that can impact its price. We consider Voya Target very steady. Voya Target Retirement owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Target Retirement, which you can use to evaluate the volatility of the fund. Please validate Voya Target's Semi Deviation of 0.5219, coefficient of variation of 760.65, and Risk Adjusted Performance of 0.0796 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
Voya Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Voya |
Sharpe Ratio = 0.1562
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Estimated Market Risk
| 0.66 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Voya Target is performing at about 12% 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 Target by adding it to a well-diversified portfolio.
Voya Target Valuation on March 11, 2024
It is possible to determine the worth of Voya Target on a given historical date. On March 11, 2024 Voya was worth 13.35 at the beginning of the trading date compared to the closed value of 13.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voya Target mutual fund. Still, in general, we apply an absolute valuation method to find Voya Target'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 Target where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voya Target's related companies.
| Open | High | Low | Close | Volume | |
| 13.41 | 13.41 | 13.41 | 13.41 | 1.00 | |
03/11/2024 | 13.35 | 13.35 | 13.35 | 13.35 | 1.00 |
| 13.43 | 13.43 | 13.43 | 13.43 | 1.00 |
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Voya Target Trading Date Momentum on March 11, 2024
| On March 12 2024 Voya Target Retirement was traded for 13.43 at the closing time. The highest daily price throughout the period was 13.43 and the lowest price was 13.43 . There was no trading activity during the period 1.0. Lack of trading volume on 03/12/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 0.60% . The trading price change to current closing price is 1.65% . |
Voya Target Retirement Fundamentals Correlations and Trends
By evaluating Voya Target'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 Target'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 Target Mutual Fund history
Voya Target 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 Target Retirement 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 Target stock prices may prove useful in developing a viable investing in Voya Target
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 2055. The funds current approximate target investment allocation among the underlying funds is as follows 95 percent in equity securities and 5 percent in debt instruments.
Voya Target Mutual Fund Technical Analysis
Voya Target 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.
Price Boundaries
Voya Target Period Price Range
Low | March 11, 2024
| High |
13.35 | 13.35 |
Voya Target May 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Voya Target mutual 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 Target shares will generate the highest return on investment. By undertsting and applying Voya Target mutual fund market strength indicators, traders can identify Voya Target Retirement entry and exit signals to maximize returns
Voya Target Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Voya Target's price direction in advance. Along with the technical and fundamental analysis of Voya Mutual 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.
| Risk Adjusted Performance | 0.0796 | |||
| Jensen Alpha | 0.0729 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.03 |
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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 board of governors. 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.