Voya Securitized Credit Fund Market Value
| VCFIX Fund | USD 9.51 0.01 0.11% |
| Symbol | Voya |
Voya Securitized '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 Securitized'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 Securitized.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Voya Securitized on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Securitized Credit or generate 0.0% return on investment in Voya Securitized over 30 days. Voya Securitized is related to or competes with Voya Us, Voya Us, Voya Limited, Voya Limited, Voya Us, Voya Limited, and Voya Emerging. Under normal market conditions, the fund invests at least 80 percent of its net assets in securitized credit securities More
Voya Securitized 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 Securitized'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 Securitized Credit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1716 | |||
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 1.06 | |||
| Value At Risk | (0.21) | |||
| Potential Upside | 0.4228 |
Voya Securitized Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Securitized's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Securitized's standard deviation. In reality, there are many statistical measures that can use Voya Securitized historical prices to predict the future Voya Securitized's volatility.| Risk Adjusted Performance | 0.0688 | |||
| Jensen Alpha | 0.0201 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.52) | |||
| Treynor Ratio | (0.25) |
Voya Securitized Credit Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Securitized Credit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0595, which indicates the fund had a 0.0595% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Securitized Credit, which you can use to evaluate the volatility of the fund. Please validate Voya Securitized's Risk Adjusted Performance of 0.0688, downside deviation of 0.1716, and Standard Deviation of 0.1849 to confirm if the risk estimate we provide is consistent with the expected return of 0.01%. The entity has a beta of -0.0569, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Securitized are expected to decrease at a much lower rate. During the bear market, Voya Securitized is likely to outperform the market.
Auto-correlation | -0.1 |
Very weak reverse predictability
Voya Securitized Credit has very weak reverse predictability. Overlapping area represents the amount of predictability between Voya Securitized time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Securitized Credit price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Voya Securitized price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Voya Securitized Credit lagged returns against current returns
Autocorrelation, which is Voya Securitized 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 Securitized's mutual fund expected returns. We can calculate the autocorrelation of Voya Securitized returns to help us make a trade decision. For example, suppose you find that Voya Securitized 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 Securitized 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 Securitized mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Securitized 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 Securitized mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Securitized Lagged Returns
When evaluating Voya Securitized's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Securitized mutual fund have on its future price. Voya Securitized 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 Securitized autocorrelation shows the relationship between Voya Securitized mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Securitized Credit.
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 Securitized 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 Securitized security.
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