Voya Index Plus Fund Market Value
| IPLIX Fund | USD 28.92 0.02 0.07% |
| Symbol | Voya |
Voya Index '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 Index'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 Index.
| 12/22/2024 |
| 03/22/2025 |
If you would invest 0.00 in Voya Index on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Index Plus or generate 0.0% return on investment in Voya Index over 90 days. Voya Index is related to or competes with Metropolitan West, Msift High, Ab High, Virtus High, Aqr Risk, John Hancock, and Siit High. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in securities of large-capit... More
Voya Index 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 Index'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 Index Plus upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.33 |
Voya Index Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Index's standard deviation. In reality, there are many statistical measures that can use Voya Index historical prices to predict the future Voya Index's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.6 |
Voya Index Plus Backtested Returns
Voya Index Plus owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0923, which indicates the fund had a -0.0923 % return per unit of risk over the last 3 months. Voya Index Plus exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Index's Variance of 0.9915, risk adjusted performance of (0.08), and Coefficient Of Variation of (1,083) to confirm the risk estimate we provide. The entity has a beta of -0.0636, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Index are expected to decrease at a much lower rate. During the bear market, Voya Index is likely to outperform the market.
Auto-correlation | -0.56 |
Good reverse predictability
Voya Index Plus has good reverse predictability. Overlapping area represents the amount of predictability between Voya Index time series from 22nd of December 2024 to 5th of February 2025 and 5th of February 2025 to 22nd of March 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 Voya Index Plus price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Voya Index price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Voya Index Plus lagged returns against current returns
Autocorrelation, which is Voya Index 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 Index's mutual fund expected returns. We can calculate the autocorrelation of Voya Index returns to help us make a trade decision. For example, suppose you find that Voya Index 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 Index 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 Index mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Index 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 Index mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Index Lagged Returns
When evaluating Voya Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Index mutual fund have on its future price. Voya Index 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 Index autocorrelation shows the relationship between Voya Index mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Index Plus.
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.| ZLAB | Zai Lab | |
| ASLE | AerSale Corp | |
| ATS | AT S Austria |
Other Information on Investing in Voya Mutual Fund
Voya Index 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 Index security.
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