Voya Large Cap Growth Fund Market Value
| PLCIX Fund | USD 60.06 1.04 1.70% |
| Symbol | Voya |
Voya Large-cap '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 Large-cap'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 Large-cap.
| 10/15/2024 |
| 01/13/2025 |
If you would invest 0.00 in Voya Large-cap on October 15, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Large Cap Growth or generate 0.0% return on investment in Voya Large-cap over 90 days. Voya Large-cap is related to or competes with Voya Us, Voya Us, Voya Limited, Voya Limited, Voya Bond, Voya Limited, and Voya Emerging. Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of large-capital... More
Voya Large-cap 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 Large-cap'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 Large Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0619 | |||
| Maximum Drawdown | 6.29 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.79 |
Voya Large-cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Large-cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Large-cap's standard deviation. In reality, there are many statistical measures that can use Voya Large-cap historical prices to predict the future Voya Large-cap's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 0.0707 | |||
| Total Risk Alpha | 0.0852 | |||
| Sortino Ratio | 0.0465 | |||
| Treynor Ratio | 0.2106 |
Voya Large Cap Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0327, which indicates the fund had a 0.0327% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Large Cap Growth, which you can use to evaluate the volatility of the fund. Please validate Voya Large-cap's Semi Deviation of 1.5, risk adjusted performance of 0.0533, and Coefficient Of Variation of 1652.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.0422%. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Large-cap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Large-cap is expected to be smaller as well.
Auto-correlation | -0.51 |
Good reverse predictability
Voya Large Cap Growth has good reverse predictability. Overlapping area represents the amount of predictability between Voya Large-cap time series from 15th of October 2024 to 29th of November 2024 and 29th of November 2024 to 13th of January 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 Large Cap price movement. The serial correlation of -0.51 indicates that about 51.0% of current Voya Large-cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.09 |
Voya Large Cap lagged returns against current returns
Autocorrelation, which is Voya Large-cap 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 Large-cap's mutual fund expected returns. We can calculate the autocorrelation of Voya Large-cap returns to help us make a trade decision. For example, suppose you find that Voya Large-cap 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 Large-cap 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 Large-cap mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Large-cap 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 Large-cap mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Large-cap Lagged Returns
When evaluating Voya Large-cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Large-cap mutual fund have on its future price. Voya Large-cap 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 Large-cap autocorrelation shows the relationship between Voya Large-cap mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Large Cap Growth.
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.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Voya Mutual Fund
Voya Large-cap 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 Large-cap security.
| Stocks Directory Find actively traded stocks across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Transaction History View history of all your transactions and understand their impact on performance |