Voya Index Solution Fund Market Value
| ISKSX Fund | USD 9.11 0.03 0.33% |
| 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.
| 11/01/2023 |
| 12/01/2023 |
If you would invest 0.00 in Voya Index on November 1, 2023 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 30 days. Voya Index is related to or competes with Vanguard Target, Blackrock Lifepath, Blackrock Lfpth, Jpmorgan Smartretirement, Jpmorgan Smartretirement, Jpmorgan Smartretirement, and Jpmorgan Smartretirement. The investment seeks to provide a combination of total return and stability of principal consistent with an asset alloca... 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 | 0.5061 | |||
| Information Ratio | 0.0348 | |||
| Maximum Drawdown | 1.7 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.8046 |
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 | 0.0383 | |||
| Jensen Alpha | 0.0157 | |||
| Total Risk Alpha | 0.0156 | |||
| Sortino Ratio | 0.0301 | |||
| Treynor Ratio | 0.039 |
Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Voya Index in the context of predictive analytics.
Voya Index Solution Backtested Returns
We consider Voya Index very steady. Voya Index Solution owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0557, which indicates the fund had 0.0557% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a fund is to use all available market data together with fund-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Voya Index Solution, which you can use to evaluate the future volatility of the fund. Please validate Voya Index Semi Deviation of 0.3662, risk adjusted performance of 0.0383, and Coefficient Of Variation of 1678.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.0241%. The entity has a beta of 0.4133, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Index returns are expected to increase less than the market. However, during the bear market, the loss on holding Voya Index will be expected to be smaller as well. Although it is important to respect Voya Index Solution current price movements, it is better to be realistic regarding the information on the equity's historical returns. Our main philosophy towards measuring future performance of any fund is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Voya Index Solution technical indicators, you can presently evaluate if the expected return of 0.0241% will be sustainable into the future.
Auto-correlation | 0.81 |
Very good predictability
Voya Index Solution has very good predictability. Overlapping area represents the amount of predictability between Voya Index time series from 1st of November 2023 to 16th of November 2023 and 16th of November 2023 to 1st of December 2023. 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 0.81 indicates that around 81.0% of current Voya Index price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 mutual fund has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock 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 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Voya Index without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Voya Index Solution using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Voya Index Correlation, Voya Index Volatility and Voya Index Alpha and Beta module to complement your research on Voya Index. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Voya Index's price analysis, check to measure Voya Index'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 Index is operating at the current time. Most of Voya Index's value examination focuses on studying past and present price action to predict the probability of Voya Index'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 Index's price. Additionally, you may evaluate how the addition of Voya Index to your portfolios can decrease your overall portfolio volatility.
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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.