Voya Index Plus Fund Probability of Future Mutual Fund Price Finishing Over 22.05
IPMIX Fund | USD 21.55 0.16 0.75% |
Voya |
Voya Index Target Price Odds to finish over 22.05
The tendency of Voya Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move over $ 22.05 or more in 90 days |
21.55 | 90 days | 22.05 | about 30.59 |
Based on a normal probability distribution, the odds of Voya Index to move over $ 22.05 or more in 90 days from now is about 30.59 (This Voya Index Plus probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Index Plus price to stay between its current price of $ 21.55 and $ 22.05 at the end of the 90-day period is about 28.84 .
Assuming the 90 days horizon Voya Index has a beta of 0.12. This usually indicates as returns on the market go up, Voya Index average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voya Index Plus will be expected to be much smaller as well. Additionally Voya Index Plus has an alpha of 0.0232, implying that it can generate a 0.0232 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Voya Index Price Density |
Price |
Predictive Modules for Voya Index
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voya Index Plus. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Voya Index Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Index is not an exception. The market had few large corrections towards the Voya Index's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Voya Index Plus, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Index within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.12 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | -0.01 |
Voya Index Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Voya Index for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Index Plus can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.The fund retains 100.07% of its assets under management (AUM) in equities |
Voya Index Technical Analysis
Voya Index's future price can be derived by breaking down and analyzing its technical indicators over time. Voya Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Voya Index Plus. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Voya Index Predictive Forecast Models
Voya Index's time-series forecasting models is one of many Voya Index's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Voya Index's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Voya Index Plus
Checking the ongoing alerts about Voya Index for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Index Plus help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains 100.07% of its assets under management (AUM) in equities |
Other Information on Investing in Voya Mutual Fund
Voya Index financial ratios help investors to determine whether Voya Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Voya with respect to the benefits of owning Voya Index security.
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