Voya Financial Stock Technical Analysis

VOYA Stock  USD 68.10  0.64  0.95%   
As of the 19th of April, Voya Financial has the Variance of 1.44, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,930). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Voya Financial, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for Voya Financial, which can be compared to its competition. Please validate Voya Financial market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Voya Financial is priced more or less accurately, providing market reflects its prevalent price of 68.1 per share. Given that Voya Financial has information ratio of (0.08), we advise you to double-check Voya Financial's current market performance to make sure the company can sustain itself at a future point.

Voya Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Voya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Voya
  
Voya Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Voya Financial Analyst Consensus

Target PriceAdvice# of Analysts
83.5Strong Buy13Odds
Voya Financial current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Voya analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Voya stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Voya Financial, talking to its executives and customers, or listening to Voya conference calls.
Voya Analyst Advice Details
Voya Financial technical stock 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, stock market cycles, or different charting patterns.
A focus of Voya Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya Financial 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...

Voya Financial Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Voya Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Voya Financial Trend Analysis

Use this graph to draw trend lines for Voya Financial. You can use it to identify possible trend reversals for Voya Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Voya Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Voya Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Voya Financial applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Voya Financial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Voya Financial price change compared to its average price change.

About Voya Financial Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Voya Financial on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Voya Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Voya Financial price pattern first instead of the macroeconomic environment surrounding Voya Financial. By analyzing Voya Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Voya Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Voya Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0150.01920.02180.0228
Price To Sales Ratio2.381.051.020.76

Voya Financial April 19, 2024 Technical Indicators

Most technical analysis of Voya help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Voya from various momentum indicators to cycle indicators. When you analyze Voya charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Voya Financial April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Voya stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Voya Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Voya Stock analysis

When running Voya Financial's price analysis, check to measure Voya Financial'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 Financial is operating at the current time. Most of Voya Financial's value examination focuses on studying past and present price action to predict the probability of Voya Financial'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 Financial's price. Additionally, you may evaluate how the addition of Voya Financial to your portfolios can decrease your overall portfolio volatility.
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Is Voya Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Voya Financial. If investors know Voya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Voya Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
1.2
Earnings Share
5.42
Revenue Per Share
71.548
Quarterly Revenue Growth
0.17
The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Voya Financial's market value can be influenced by many factors that don't directly affect Voya Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Financial'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.