Voya Index Solution Fund Market Value
Voya Index's market value is the price at which a share of Voya Index trades on a public exchange. It measures the collective expectations of Voya Index Solution investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Voya Index Solution and determine expected loss or profit from investing in Voya Index over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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 nation.
| Symbol | Voya |
Voya Index '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 Index'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 Index.
| 05/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in Voya Index on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Voya Index Solution or generate 0.0% return on investment in Voya Index over 690 days. Voya Index is related to or competes with Dimensional Retirement, Qs Moderate, Strategic Allocation, and Qs Moderate. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in a combination of underlyi... More
Voya Index 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 Index'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 Index Solution upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4556 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 0.4338 |
Voya Index Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Index's standard deviation. In reality, there are many statistical measures that can use Voya Index historical prices to predict the future Voya Index's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Index'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 Index Solution Backtested Returns
We consider Voya Index very steady. Voya Index Solution owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0017, which indicates the fund had a 0.0017% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Voya Index Solution, which you can use to evaluate the volatility of the fund. Please validate Voya Index's Risk Adjusted Performance of (0.01), semi deviation of 0.3378, and Coefficient Of Variation of 57838.8 to confirm if the risk estimate we provide is consistent with the expected return of 6.0E-4%. The entity has a beta of 0.044, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Index is expected to be smaller as well.
Auto-correlation | 0.54 |
Modest predictability
Voya Index Solution has modest predictability. Overlapping area represents the amount of predictability between Voya Index time series from 30th of May 2022 to 10th of May 2023 and 10th of May 2023 to 19th of April 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 Index Solution price movement. The serial correlation of 0.54 indicates that about 54.0% of current Voya Index price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Voya Index Solution lagged returns against current returns
Autocorrelation, which is Voya Index 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 Index's mutual fund expected returns. We can calculate the autocorrelation of Voya Index returns to help us make a trade decision. For example, suppose you find that Voya Index 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 Index 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 Index mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Index 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 Index mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Index Lagged Returns
When evaluating Voya Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Index mutual fund have on its future price. Voya Index 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 Index autocorrelation shows the relationship between Voya Index mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Index Solution.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Voya Index in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Voya Index's short interest history, or implied volatility extrapolated from Voya Index options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Voya Index Correlation, Voya Index Volatility and Voya Index Alpha and Beta module to complement your research on Voya Index. Note that the Voya Index Solution information on this page should be used as a complementary analysis to other Voya Index'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Voya Index 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.