Vy Clarion Global Fund Market Value

IRGIX Fund  USD 9.96  0.04  0.40%   
Vy Clarion's market value is the price at which a share of Vy Clarion trades on a public exchange. It measures the collective expectations of Vy Clarion Global investors about its performance. Vy Clarion is trading at 9.96 as of the 24th of December 2024; that is 0.40 percent increase since the beginning of the trading day. The fund's open price was 9.92.
With this module, you can estimate the performance of a buy and hold strategy of Vy Clarion Global and determine expected loss or profit from investing in Vy Clarion over a given investment horizon. Check out Vy Clarion Correlation, Vy Clarion Volatility and Vy Clarion Alpha and Beta module to complement your research on Vy Clarion.
Symbol

Please note, there is a significant difference between Vy Clarion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vy Clarion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vy Clarion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Vy Clarion '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 Clarion'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 Clarion.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Vy Clarion on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vy Clarion Global or generate 0.0% return on investment in Vy Clarion over 30 days. Vy Clarion is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Bond, Voya Limited, and Voya Emerging. The Portfolio invests at least 80 percent of its net assets in a portfolio of equity securities of companies that are pr... More

Vy Clarion 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 Clarion'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 Clarion Global upside and downside potential and time the market with a certain degree of confidence.

Vy Clarion Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy Clarion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy Clarion's standard deviation. In reality, there are many statistical measures that can use Vy Clarion historical prices to predict the future Vy Clarion's volatility.
Hype
Prediction
LowEstimatedHigh
9.139.9610.79
Details
Intrinsic
Valuation
LowRealHigh
9.2510.0810.91
Details

Vy Clarion Global Backtested Returns

Vy Clarion Global retains Efficiency (Sharpe Ratio) of -0.19, which indicates the fund had a -0.19% return per unit of price deviation over the last 3 months. Vy Clarion exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Vy Clarion's Risk Adjusted Performance of (0.15), mean deviation of 0.6021, and Standard Deviation of 0.8176 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vy Clarion's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy Clarion is expected to be smaller as well.

Auto-correlation

    
  0.74  

Good predictability

Vy Clarion Global has good predictability. Overlapping area represents the amount of predictability between Vy Clarion time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Vy Clarion Global price movement. The serial correlation of 0.74 indicates that around 74.0% of current Vy Clarion price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.85
Residual Average0.0
Price Variance0.06

Vy Clarion Global lagged returns against current returns

Autocorrelation, which is Vy Clarion 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 Clarion's mutual fund expected returns. We can calculate the autocorrelation of Vy Clarion returns to help us make a trade decision. For example, suppose you find that Vy Clarion 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 Clarion 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 Clarion mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy Clarion 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 Clarion mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Vy Clarion Lagged Returns

When evaluating Vy Clarion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy Clarion mutual fund have on its future price. Vy Clarion 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 Clarion autocorrelation shows the relationship between Vy Clarion mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy Clarion Global.
   Regressed Prices   
       Timeline  

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Other Information on Investing in IRGIX Mutual Fund

Vy Clarion financial ratios help investors to determine whether IRGIX 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 IRGIX with respect to the benefits of owning Vy Clarion security.
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