Voya Gnma Income Fund Probability of Future Mutual Fund Price Finishing Over 7.2

VGMBX Fund  USD 7.28  0.01  0.14%   
Voya Gnma's future price is the expected price of Voya Gnma instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Voya Gnma Income performance during a given time horizon utilizing its historical volatility. Check out Voya Gnma Backtesting, Portfolio Optimization, Voya Gnma Correlation, Voya Gnma Hype Analysis, Voya Gnma Volatility, Voya Gnma History as well as Voya Gnma Performance.
  
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Voya Gnma Target Price Odds to finish over 7.2

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 PriceHorizonTarget PriceOdds to stay above $ 7.20  in 90 days
 7.28 90 days 7.20 
close to 99
Based on a normal probability distribution, the odds of Voya Gnma to stay above $ 7.20  in 90 days from now is close to 99 (This Voya Gnma Income probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Gnma Income price to stay between $ 7.20  and its current price of $7.28 at the end of the 90-day period is about 5.17 .
Assuming the 90 days horizon Voya Gnma has a beta of 0.0284. This entails as returns on the market go up, Voya Gnma average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voya Gnma Income will be expected to be much smaller as well. Additionally Voya Gnma Income has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Voya Gnma Price Density   
       Price  

Predictive Modules for Voya Gnma

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 Gnma Income. 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.
Hype
Prediction
LowEstimatedHigh
6.977.287.59
Details
Intrinsic
Valuation
LowRealHigh
6.937.247.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Voya Gnma. Your research has to be compared to or analyzed against Voya Gnma's peers to derive any actionable benefits. When done correctly, Voya Gnma's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Voya Gnma Income.

Voya Gnma Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Gnma is not an exception. The market had few large corrections towards the Voya Gnma'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 Gnma Income, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Gnma within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.06
β
Beta against Dow Jones0.03
σ
Overall volatility
0.08
Ir
Information ratio -0.31

Voya Gnma 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 Gnma for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Gnma Income 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 Gnma Income generated a negative expected return over the last 90 days
The fund keeps about 14.56% of its net assets in cash

Voya Gnma Technical Analysis

Voya Gnma'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 Gnma Income. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Voya Gnma Predictive Forecast Models

Voya Gnma's time-series forecasting models is one of many Voya Gnma'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 Gnma'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 Gnma Income

Checking the ongoing alerts about Voya Gnma for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Gnma Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Voya Gnma Income generated a negative expected return over the last 90 days
The fund keeps about 14.56% of its net assets in cash

Other Information on Investing in Voya Mutual Fund

Voya Gnma 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 Gnma security.
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