Vy Umbia Small Fund Market Value
| ICISX Fund | USD 17.03 0.13 0.77% |
| Symbol | Vy(r) |
Vy(r) Columbia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vy(r) Columbia's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vy(r) Columbia.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Vy(r) Columbia on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Umbia Small or generate 0.0% return on investment in Vy(r) Columbia over 60 days. Vy(r) Columbia is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Us, Voya Limited, and Voya Emerging. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in equity securities of companies that have market capitalizations in the range of the companies within the Russell 2000 Value Index , at the time of purchase, that the sub-adviser believes are undervalued and have the potential for long-term growth. More
Vy(r) Columbia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vy(r) Columbia's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vy Umbia Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | 0.0156 | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.66 |
Vy(r) Columbia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy(r) Columbia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy(r) Columbia's standard deviation. In reality, there are many statistical measures that can use Vy(r) Columbia historical prices to predict the future Vy(r) Columbia's volatility.| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | 0.0129 | |||
| Sortino Ratio | 0.0188 | |||
| Treynor Ratio | 0.1032 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vy(r) Columbia's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vy Umbia Small Backtested Returns
At this stage we consider Vy(r) Mutual Fund to be very steady. Vy Umbia Small retains Efficiency (Sharpe Ratio) of 0.0391, which indicates the fund had a 0.0391% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy(r) Columbia, which you can use to evaluate the volatility of the fund. Please validate Vy(r) Columbia's Risk Adjusted Performance of 0.0309, downside deviation of 1.02, and Mean Deviation of 0.7673 to confirm if the risk estimate we provide is consistent with the expected return of 0.0488%. The entity owns a Beta (Systematic Risk) of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vy(r) Columbia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy(r) Columbia is expected to be smaller as well.
Auto-correlation | -0.34 |
Poor reverse predictability
Vy Umbia Small has poor reverse predictability. Overlapping area represents the amount of predictability between Vy(r) Columbia time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vy Umbia Small price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Vy(r) Columbia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Vy Umbia Small lagged returns against current returns
Autocorrelation, which is Vy(r) Columbia mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vy(r) Columbia's mutual fund expected returns. We can calculate the autocorrelation of Vy(r) Columbia returns to help us make a trade decision. For example, suppose you find that Vy(r) Columbia has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vy(r) Columbia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vy(r) Columbia mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy(r) Columbia mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy(r) Columbia mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy(r) Columbia Lagged Returns
When evaluating Vy(r) Columbia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy(r) Columbia mutual fund have on its future price. Vy(r) Columbia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vy(r) Columbia autocorrelation shows the relationship between Vy(r) Columbia mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Umbia Small.
Regressed Prices |
| Timeline |
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Other Information on Investing in Vy(r) Mutual Fund
Vy(r) Columbia financial ratios help investors to determine whether Vy(r) 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 Vy(r) with respect to the benefits of owning Vy(r) Columbia security.
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