Voya Large Cap Fund Market Value
| IEOSX Fund | USD 17.59 0.24 1.38% |
| Symbol | Voya |
Voya Large '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 Voya Large'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 Voya Large.
| 02/05/2023 |
| 12/26/2024 |
If you would invest 0.00 in Voya Large on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Voya Large Cap or generate 0.0% return on investment in Voya Large over 690 days. Voya Large is related to or competes with Delaware Healthcare, Lord Abbett, Prudential Health, Alphacentric Lifesci, Tekla Healthcare, Deutsche Health, and Baron Health. The Portfolio invests at least 80 percent of its net assets in common stocks of large-capitalization companies More
Voya Large 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 Voya Large'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 Voya Large Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.42 | |||
| Information Ratio | 0.1314 | |||
| Maximum Drawdown | 6.03 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.81 |
Voya Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Large's standard deviation. In reality, there are many statistical measures that can use Voya Large historical prices to predict the future Voya Large's volatility.| Risk Adjusted Performance | 0.1408 | |||
| Jensen Alpha | 0.1477 | |||
| Total Risk Alpha | 0.1299 | |||
| Sortino Ratio | 0.1 | |||
| Treynor Ratio | 0.2104 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Large'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.
Voya Large Cap Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Large Cap 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. We have found twenty-eight technical indicators for Voya Large Cap, which you can use to evaluate the volatility of the fund. Please validate Voya Large's Semi Deviation of 1.06, coefficient of variation of 578.76, and Risk Adjusted Performance of 0.1408 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Large is expected to be smaller as well.
Auto-correlation | 0.87 |
Very good predictability
Voya Large Cap has very good predictability. Overlapping area represents the amount of predictability between Voya Large time series from 5th of February 2023 to 16th of January 2024 and 16th of January 2024 to 26th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Voya Large Cap price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Voya Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Voya Large Cap lagged returns against current returns
Autocorrelation, which is Voya Large 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 Voya Large's mutual fund expected returns. We can calculate the autocorrelation of Voya Large returns to help us make a trade decision. For example, suppose you find that Voya Large 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 |
Voya Large 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 Voya Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Large mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voya Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Large Lagged Returns
When evaluating Voya Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Large mutual fund have on its future price. Voya Large 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, Voya Large autocorrelation shows the relationship between Voya Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Large Cap.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Voya Mutual Fund
Voya Large 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 Large security.
| 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 | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |