Voya Solution 2050 Fund Market Value
| ISNTX Fund | USD 15.21 0.23 1.49% |
| Symbol | Voya |
Voya Solution '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 Solution'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 Solution.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Voya Solution on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Solution 2050 or generate 0.0% return on investment in Voya Solution over 30 days. Voya Solution is related to or competes with Vanguard Target, HUMANA, Barloworld, Thrivent High, Morningstar Unconstrained, High Yield, and Via Renewables. The Portfolio invests primarily in a combination of underlying funds, which are actively managed funds or passively mana... More
Voya Solution 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 Solution'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 Solution 2050 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7421 | |||
| Information Ratio | 0.0161 | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (1.09) | |||
| Potential Upside | 1.02 |
Voya Solution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Solution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Solution's standard deviation. In reality, there are many statistical measures that can use Voya Solution historical prices to predict the future Voya Solution's volatility.| Risk Adjusted Performance | 0.0785 | |||
| Jensen Alpha | 0.0609 | |||
| Total Risk Alpha | 0.0099 | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | 0.5231 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Solution'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 Solution 2050 Backtested Returns
We consider Voya Solution very steady. Voya Solution 2050 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Solution 2050, which you can use to evaluate the volatility of the fund. Please validate Voya Solution's Semi Deviation of 0.4663, coefficient of variation of 787.34, and Risk Adjusted Performance of 0.0785 to confirm if the risk estimate we provide is consistent with the expected return of 0.0745%. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Solution's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Solution is expected to be smaller as well.
Auto-correlation | 0.26 |
Poor predictability
Voya Solution 2050 has poor predictability. Overlapping area represents the amount of predictability between Voya Solution time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 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 Solution 2050 price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Voya Solution price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Voya Solution 2050 lagged returns against current returns
Autocorrelation, which is Voya Solution 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 Solution's mutual fund expected returns. We can calculate the autocorrelation of Voya Solution returns to help us make a trade decision. For example, suppose you find that Voya Solution 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 Solution 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 Solution mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Solution 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 Solution mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Solution Lagged Returns
When evaluating Voya Solution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Solution mutual fund have on its future price. Voya Solution 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 Solution autocorrelation shows the relationship between Voya Solution mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Solution 2050.
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 Solution 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 Solution's short interest history, or implied volatility extrapolated from Voya Solution options trading.
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Voya Solution 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.