Voya Retirement Moderate Fund Market Value

IRMGX Fund  USD 11.02  0.06  0.55%   
Voya Retirement's market value is the price at which a share of Voya Retirement trades on a public exchange. It measures the collective expectations of Voya Retirement Moderate investors about its performance. Voya Retirement is trading at 11.02 as of the 25th of December 2024; that is 0.55 percent up since the beginning of the trading day. The fund's open price was 10.96.
With this module, you can estimate the performance of a buy and hold strategy of Voya Retirement Moderate and determine expected loss or profit from investing in Voya Retirement over a given investment horizon. Check out Voya Retirement Correlation, Voya Retirement Volatility and Voya Retirement Alpha and Beta module to complement your research on Voya Retirement.
Symbol

Please note, there is a significant difference between Voya Retirement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Retirement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Retirement'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.

Voya Retirement '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 Retirement'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 Retirement.
0.00
11/25/2024
No Change 0.00  0.0 
In 30 days
12/25/2024
0.00
If you would invest  0.00  in Voya Retirement on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Retirement Moderate or generate 0.0% return on investment in Voya Retirement over 30 days. Voya Retirement is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Bond, Voya Limited, and Voya Emerging. The fund invests in a combination of underlying funds according to a model that is intended to reflect an allocation of ... More

Voya Retirement 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 Retirement'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 Retirement Moderate upside and downside potential and time the market with a certain degree of confidence.

Voya Retirement Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Retirement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Retirement's standard deviation. In reality, there are many statistical measures that can use Voya Retirement historical prices to predict the future Voya Retirement's volatility.
Hype
Prediction
LowEstimatedHigh
10.4810.9611.44
Details
Intrinsic
Valuation
LowRealHigh
10.4810.9611.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Voya Retirement. Your research has to be compared to or analyzed against Voya Retirement's peers to derive any actionable benefits. When done correctly, Voya Retirement's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Voya Retirement Moderate.

Voya Retirement Moderate Backtested Returns

At this stage we consider Voya Mutual Fund to be very steady. Voya Retirement Moderate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0294, which indicates the fund had a 0.0294% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Retirement Moderate, which you can use to evaluate the volatility of the fund. Please validate Voya Retirement's Semi Deviation of 0.4291, risk adjusted performance of 0.0184, and Coefficient Of Variation of 3151.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0142%. The entity has a beta of 0.083, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Retirement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Retirement is expected to be smaller as well.

Auto-correlation

    
  -0.84  

Excellent reverse predictability

Voya Retirement Moderate has excellent reverse predictability. Overlapping area represents the amount of predictability between Voya Retirement time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 Retirement Moderate price movement. The serial correlation of -0.84 indicates that around 84.0% of current Voya Retirement price fluctuation can be explain by its past prices.
Correlation Coefficient-0.84
Spearman Rank Test-0.37
Residual Average0.0
Price Variance0.01

Voya Retirement Moderate lagged returns against current returns

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

Voya Retirement Lagged Returns

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

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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 Retirement 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 Retirement security.
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