Voya Investors Trust Fund Market Value
| ITLXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Voya |
Voya Investors '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 Investors' money market 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 Investors.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Voya Investors on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Investors Trust or generate 0.0% return on investment in Voya Investors over 90 days. Voya Investors is related to or competes with Touchstone Large, Pace Large, Aqr Large, Dana Large, Fidelity Series, and Transamerica Large. More
Voya Investors 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 Investors' money market 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 Investors Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.96) | |||
| Maximum Drawdown | 1.01 |
Voya Investors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Investors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Investors' standard deviation. In reality, there are many statistical measures that can use Voya Investors historical prices to predict the future Voya Investors' volatility.| Risk Adjusted Performance | 0.045 | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.4284 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Investors' 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 Investors Trust Backtested Returns
At this stage we consider Voya Money Market Fund to be not too volatile. Voya Investors Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the fund had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Voya Investors Trust, which you can use to evaluate the volatility of the fund. Please validate Voya Investors' Risk Adjusted Performance of 0.045, coefficient of variation of 800.0, and Variance of 0.0159 to confirm if the risk estimate we provide is consistent with the expected return of 0.0158%. The entity has a beta of 0.0135, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Investors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Investors is expected to be smaller as well.
Auto-correlation | 0.00 |
No correlation between past and present
Voya Investors Trust has no correlation between past and present. Overlapping area represents the amount of predictability between Voya Investors time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Investors Trust price movement. The serial correlation of 0.0 indicates that just 0.0% of current Voya Investors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Voya Investors Trust lagged returns against current returns
Autocorrelation, which is Voya Investors money market 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 Investors' money market fund expected returns. We can calculate the autocorrelation of Voya Investors returns to help us make a trade decision. For example, suppose you find that Voya Investors has exhibited high autocorrelation historically, and you observe that the money market 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 Investors 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 Investors money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Investors money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voya Investors money market fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Investors Lagged Returns
When evaluating Voya Investors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Investors money market fund have on its future price. Voya Investors 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 Investors autocorrelation shows the relationship between Voya Investors money market fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Investors Trust.
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 Money Market Fund
Voya Investors financial ratios help investors to determine whether Voya Money Market 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 Investors security.
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