Vy(r) T Correlations
| ITRIX Fund | USD 28.31 0.07 0.25% |
The current 90-days correlation between Vy T Rowe and Voya Real Estate is -0.15 (i.e., Good diversification). The correlation of Vy(r) T is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Vy(r) T Correlation With Market
Very poor diversification
The correlation between Vy T Rowe and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vy T Rowe and DJI in the same portfolio, assuming nothing else is changed.
Vy(r) |
Moving together with Vy(r) Mutual Fund
| 0.93 | IMCVX | Voya Multi Manager | PairCorr |
| 0.81 | IMOPX | Voya Midcap Opportunities | PairCorr |
| 0.81 | IMORX | Voya Midcap Opportunities | PairCorr |
| 0.81 | IMOWX | Voya Midcap Opportunities | PairCorr |
| 0.81 | IMOZX | Voya Midcap Opportunities | PairCorr |
| 0.86 | INGIX | Voya Stock Index | PairCorr |
| 0.89 | VPISX | Voya Index Solution | PairCorr |
| 0.7 | VPRDX | Voya Morgan Stanley | PairCorr |
| 1.0 | VPRAX | Voya T Rowe | PairCorr |
| 0.83 | VPSSX | Voya Index Solution | PairCorr |
| 0.77 | VPRSX | Voya Jpmorgan Small | PairCorr |
| 0.9 | VPSAX | Voya Index Solution | PairCorr |
| 0.91 | IOGPX | Vy Oppenheimer Global | PairCorr |
| 0.81 | IPARX | Voya Global Perspectives | PairCorr |
| 0.78 | IPEIX | Voya Large Cap | PairCorr |
| 0.78 | IPESX | Voya Large Cap | PairCorr |
| 0.78 | IPETX | Voya Large Cap | PairCorr |
| 0.8 | IPIRX | Voya Global Perspectives | PairCorr |
| 0.82 | IPLIX | Voya Index Plus | PairCorr |
| 0.82 | IPMSX | Voya Index Plus | PairCorr |
| 0.81 | IPLSX | Voya Index Plus | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Vy(r) Mutual Fund performing well and Vy(r) T Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Vy(r) T's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VREQX | 0.89 | (0.09) | 0.00 | 0.28 | 0.00 | 1.62 | 4.60 | |||
| SEIRX | 0.89 | 0.13 | 0.14 | 0.09 | 1.08 | 1.73 | 4.42 | |||
| VRGEX | 0.75 | (0.07) | 0.00 | 0.22 | 0.00 | 1.61 | 4.60 | |||
| TIREX | 0.88 | 0.01 | 0.00 | (0.08) | 0.00 | 1.76 | 4.81 | |||
| NRSCX | 0.18 | 0.00 | 0.33 | 0.02 | 0.22 | 0.31 | 1.00 | |||
| NBRFX | 0.91 | 0.02 | 0.00 | (0.07) | 0.00 | 1.75 | 4.51 | |||
| RRRZX | 0.88 | 0.00 | 0.00 | (0.09) | 0.00 | 1.63 | 4.71 | |||
| SWASX | 0.71 | (0.07) | 0.00 | 0.23 | 0.00 | 1.47 | 4.08 |