Voya Stock Index Fund Market Value
| ISIPX Fund | USD 19.98 0.17 0.84% |
| Symbol | Voya |
Voya Stock '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 Stock'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 Stock.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Voya Stock on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Voya Stock Index or generate 0.0% return on investment in Voya Stock over 720 days. Voya Stock is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Bond, 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 included in the SP 500 Index or equity securities of companies that are representative of the index . More
Voya Stock 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 Stock'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 Stock Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9138 | |||
| Information Ratio | 0.0449 | |||
| Maximum Drawdown | 5.51 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.05 |
Voya Stock Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Stock's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Stock's standard deviation. In reality, there are many statistical measures that can use Voya Stock historical prices to predict the future Voya Stock's volatility.| Risk Adjusted Performance | 0.0899 | |||
| Jensen Alpha | 0.0774 | |||
| Total Risk Alpha | 0.0358 | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | 5.1 |
Voya Stock Index Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Stock Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0838, which indicates the fund had a 0.0838% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Stock Index, which you can use to evaluate the volatility of the fund. Please validate Voya Stock's Coefficient Of Variation of 880.68, risk adjusted performance of 0.0899, and Semi Deviation of 0.7138 to confirm if the risk estimate we provide is consistent with the expected return of 0.0674%. The entity has a beta of 0.0153, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Stock's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Stock is expected to be smaller as well.
Auto-correlation | 0.42 |
Average predictability
Voya Stock Index has average predictability. Overlapping area represents the amount of predictability between Voya Stock time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Stock Index price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Voya Stock price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.69 |
Voya Stock Index lagged returns against current returns
Autocorrelation, which is Voya Stock 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 Stock's mutual fund expected returns. We can calculate the autocorrelation of Voya Stock returns to help us make a trade decision. For example, suppose you find that Voya Stock 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 Stock 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 Stock mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Stock 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 Stock mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Stock Lagged Returns
When evaluating Voya Stock's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Stock mutual fund have on its future price. Voya Stock 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 Stock autocorrelation shows the relationship between Voya Stock mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Stock Index.
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 Stock 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 Stock security.
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