Voya Bond Index Fund Price on April 26, 2023
ILABX Fund | USD 8.91 0.04 0.45% |
Below is the normalized historical share price chart for Voya Bond Index extending back to December 26, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Voya Bond stands at 8.91, as last reported on the 21st of December, with the highest price reaching 8.91 and the lowest price hitting 8.91 during the day.
If you're considering investing in Voya Mutual Fund, it is important to understand the factors that can impact its price. Voya Bond Index owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the fund had a -0.18% return per unit of risk over the last 3 months. Voya Bond Index exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Bond's Risk Adjusted Performance of (0.16), variance of 0.1048, and Coefficient Of Variation of (544.21) to confirm the risk estimate we provide.
Voya Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Voya |
Sharpe Ratio = -0.1764
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Estimated Market Risk
0.33 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Voya Bond is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Voya Bond by adding Voya Bond to a well-diversified portfolio.
Voya Bond Valuation on April 26, 2023
It is possible to determine the worth of Voya Bond on a given historical date. On April 26, 2023 Voya was worth 8.75 at the beginning of the trading date compared to the closed value of 8.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voya Bond mutual fund. Still, in general, we apply an absolute valuation method to find Voya Bond's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Voya Bond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voya Bond's related companies.
Open | High | Low | Close | Volume | |
8.79 | 8.79 | 8.79 | 8.79 | 1.00 | |
04/26/2023 | 8.75 | 8.75 | 8.75 | 8.75 | 1.00 |
8.71 | 8.71 | 8.71 | 8.71 | 1.00 |
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Voya Bond Trading Date Momentum on April 26, 2023
On April 27 2023 Voya Bond Index was traded for 8.71 at the closing time. The highest daily price throughout the period was 8.71 and the lowest price was 8.71 . There was no trading activity during the period 1.0. Lack of trading volume on 04/27/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.46% . The trading price change to current closing price is 0.34% . |
Voya Bond Index Fundamentals Correlations and Trends
By evaluating Voya Bond's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Voya Bond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Voya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Voya Bond Mutual Fund history
Voya Bond investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Voya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Voya Bond Index will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Voya Bond stock prices may prove useful in developing a viable investing in Voya Bond
The fund invests at least 80 percent of its net assets in investment-grade debt instruments rated at least A by Moodys Investors Service, Inc., at least A by SP Global Ratings, or are of comparable quality if unrated, which are at the time of purchase, included in the index derivatives whose economic returns are, by design, closely equivalent to the returns of the index or its components and exchange-traded funds that track the index.
Voya Bond Mutual Fund Technical Analysis
Voya Bond 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, fund market cycles, or different charting patterns.
Price Boundaries
Voya Bond Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Voya Bond Index cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Voya Bond December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Voya Bond mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Voya Bond shares will generate the highest return on investment. By undertsting and applying Voya Bond mutual fund market strength indicators, traders can identify Voya Bond Index entry and exit signals to maximize returns
Voya Bond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Voya Bond's price direction in advance. Along with the technical and fundamental analysis of Voya Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Voya to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.16) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (1.45) |
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Volume Indicators |
Other Information on Investing in Voya Mutual Fund
Voya Bond 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 Bond security.
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