VSTUX Mutual Fund Market Value

VSTUX -  USA Fund  

USD 9.84  0.01  0.10%

VOYA Short's market value is the price at which a share of VOYA Short stock trades on a public exchange. It measures the collective expectations of VOYA Short Term investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of VOYA Short Term and determine expected loss or profit from investing in VOYA Short over a given investment horizon. Also, please take a look at VOYA Short Hype Analysis, VOYA Short Correlation, Portfolio Optimization, VOYA Short Volatility, as well as analyze VOYA Short Alpha and Beta and VOYA Short Performance.
Symbol
Backtest

Please note, there is a significant difference between VOYA Short's value and its price as these two are different measures arrived at by different means. Investors typically determine VOYA Short value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VOYA Short'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.

VOYA Short '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 Short'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 Short.
0.00
11/01/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/21/2021
0.00
If you would invest  0.00  in VOYA Short on November 1, 2019 and sell it all today you would earn a total of 0.00 from holding VOYA Short Term or generate 0.0% return on investment in VOYA Short over 720 days. VOYA Short is related to or competes with Vanguard Short, Vanguard Short, and Lord Abbett. Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of bon...

VOYA Short 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 Short'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 Short Term upside and downside potential and time the market with a certain degree of confidence.

VOYA Short Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for VOYA Short's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as VOYA Short's standard deviation. In reality, there are many statistical measures that can use VOYA Short historical prices to predict the future VOYA Short's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of VOYA Short'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 Short in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.799.859.91
Details
Intrinsic
Valuation
LowReal ValueHigh
8.8710.7510.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as VOYA Short. Your research has to be compared to or analyzed against VOYA Short's peers to derive any actionable benefits. When done correctly, VOYA Short's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in VOYA Short Term.

VOYA Short Term Backtested Returns

VOYA Short Term owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the fund had -0.19% of return per unit of risk over the last 3 months. Macroaxis approach into measuring the risk of any fund is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. VOYA Short Term exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate VOYA Short risk adjusted performance of (0.24), and Coefficient Of Variation of (551.79) to confirm the risk estimate we provide.
The entity has a beta of -0.0016, which indicates not very significant fluctuations relative to the market. Let's try to break down what VSTUX's beta means in this case. As returns on the market increase, returns on owning VOYA Short are expected to decrease at a much lower rate. During the bear market, VOYA Short is likely to outperform the market. Even though it is essential to pay attention to VOYA Short Term current price movements, it is always good to be careful when utilizing equity historical returns. Our approach into measuring any fund's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. VOYA Short Term exposes twenty-six different technical indicators, which can help you to evaluate its performance.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.59   

Modest predictability

VOYA Short Term has modest predictability. Overlapping area represents the amount of predictability between VOYA Short time series from 1st of November 2019 to 26th of October 2020 and 26th of October 2020 to 21st of October 2021. 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 Short Term price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current VOYA Short price fluctuation can be explain by its past prices.
Correlation Coefficient0.59
Spearman Rank Test0.72
Residual Average0.0
Price Variance0.0

VOYA Short Term lagged returns against current returns

Autocorrelation, which is VOYA Short 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 Short's mutual fund expected returns. We can calculate the autocorrelation of VOYA Short returns to help us make a trade decision. For example, suppose you find that VOYA Short 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 
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      Timeline 

VOYA Short 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 Short mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if VOYA Short 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 Short mutual fund over time.
 Current vs Lagged Prices 
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      Timeline 

VOYA Short Lagged Returns

When evaluating VOYA Short's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of VOYA Short mutual fund have on its future price. VOYA Short 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 Short autocorrelation shows the relationship between VOYA Short mutual fund current value and its past values and can show if there is a momentum factor associated with investing in VOYA Short Term.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in VOYA Short without increasing your portfolio risk or giving up 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.

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Also, please take a look at VOYA Short Hype Analysis, VOYA Short Correlation, Portfolio Optimization, VOYA Short Volatility, as well as analyze VOYA Short Alpha and Beta and VOYA Short Performance. Note that the VOYA Short Term information on this page should be used as a complementary analysis to other VOYA Short'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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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VOYA Short 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, stock market cycles, or different charting patterns.
A focus of VOYA Short technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of VOYA Short 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...