Voya Russia Fund Probability of Future Mutual Fund Price Finishing Over 0.73
| IWRFXDelisted Fund | USD 0.68 0.00 0.00% |
Voya |
Voya Russia Target Price Odds to finish over 0.73
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 $ 0.73 or more in 90 days |
| 0.68 | 90 days | 0.73 | about 17.25 |
Based on a normal probability distribution, the odds of Voya Russia to move over $ 0.73 or more in 90 days from now is about 17.25 (This Voya Russia Fund probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Russia Fund price to stay between its current price of $ 0.68 and $ 0.73 at the end of the 90-day period is about 8.0 .
Assuming the 90 days horizon Voya Russia Fund has a beta of -1.63. This usually indicates as returns on its benchmark rise, returns on holding Voya Russia Fund are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Voya Russia is expected to outperform its benchmark. Moreover Voya Russia Fund has an alpha of 1.508, implying that it can generate a 1.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Voya Russia Price Density |
| Price |
Predictive Modules for Voya Russia
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 Russia Fund. 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 Russia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Russia is not an exception. The market had few large corrections towards the Voya Russia'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 Russia Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Russia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.51 | |
β | Beta against Dow Jones | -1.63 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | 0.12 |
Voya Russia 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 Russia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Russia Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Voya Russia Fund is not yet fully synchronised with the market data | |
| Voya Russia Fund has some characteristics of a very speculative penny stock | |
| Voya Russia Fund has a very high chance of going through financial distress in the upcoming years | |
| Voya Russia Fund generated five year return of -13.0% | |
| This fund retains about 100.0% of its assets under management (AUM) in cash |
Voya Russia Technical Analysis
Voya Russia'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 Russia Fund. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Voya Russia Predictive Forecast Models
Voya Russia's time-series forecasting models is one of many Voya Russia'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 Russia'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 Russia Fund
Checking the ongoing alerts about Voya Russia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Russia Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Voya Russia Fund is not yet fully synchronised with the market data | |
| Voya Russia Fund has some characteristics of a very speculative penny stock | |
| Voya Russia Fund has a very high chance of going through financial distress in the upcoming years | |
| Voya Russia Fund generated five year return of -13.0% | |
| This fund retains about 100.0% of its assets under management (AUM) in cash |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Voya Mutual Fund
If you are still planning to invest in Voya Russia Fund check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Voya Russia's history and understand the potential risks before investing.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |