Voya Index Solution Fund Market Value

VPSAX Fund  USD 15.69  0.02  0.13%   
Voya Index's market value is the price at which a share of Voya Index trades on a public exchange. It measures the collective expectations of Voya Index Solution investors about its performance. Voya Index is trading at 15.69 as of the 3rd of January 2025; that is 0.13 percent down since the beginning of the trading day. The fund's open price was 15.71.
With this module, you can estimate the performance of a buy and hold strategy of Voya Index Solution and determine expected loss or profit from investing in Voya Index over a given investment horizon. Check out Voya Index Correlation, Voya Index Volatility and Voya Index Alpha and Beta module to complement your research on Voya Index.
Symbol

Please note, there is a significant difference between Voya Index's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Index is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Index'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 Index '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 Index'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 Index.
0.00
12/04/2024
No Change 0.00  0.0 
In 31 days
01/03/2025
0.00
If you would invest  0.00  in Voya Index on December 4, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Index Solution or generate 0.0% return on investment in Voya Index over 30 days. Voya Index is related to or competes with Tax Managed, Northern Small, Guggenheim Diversified, Small Cap, Jhancock Diversified, Delaware Limited-term, and Schwab Small. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in a combination of underlyi... More

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

Voya Index Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Index's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Index's standard deviation. In reality, there are many statistical measures that can use Voya Index historical prices to predict the future Voya Index's volatility.
Hype
Prediction
LowEstimatedHigh
15.0115.6916.37
Details
Intrinsic
Valuation
LowRealHigh
15.0815.7616.44
Details
Naive
Forecast
LowNextHigh
15.0415.7216.40
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.1416.0416.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Voya Index. Your research has to be compared to or analyzed against Voya Index's peers to derive any actionable benefits. When done correctly, Voya Index'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 Index Solution.

Voya Index Solution Backtested Returns

Voya Index Solution owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0057, which indicates the fund had a -0.0057% return per unit of risk over the last 3 months. Voya Index Solution exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Index's Coefficient Of Variation of (3,061), variance of 0.4434, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Index's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Index is expected to be smaller as well.

Auto-correlation

    
  0.26  

Poor predictability

Voya Index Solution has poor predictability. Overlapping area represents the amount of predictability between Voya Index time series from 4th of December 2024 to 19th of December 2024 and 19th of December 2024 to 3rd 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 Index Solution price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Voya Index price fluctuation can be explain by its past prices.
Correlation Coefficient0.26
Spearman Rank Test0.13
Residual Average0.0
Price Variance0.02
Voya ReturnsVoya Lagged ReturnsDiversified AwayVoya ReturnsVoya Lagged ReturnsDiversified Away100%

Voya Index Solution lagged returns against current returns

Autocorrelation, which is Voya Index 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 Index's mutual fund expected returns. We can calculate the autocorrelation of Voya Index returns to help us make a trade decision. For example, suppose you find that Voya Index 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   
JavaScript chart by amCharts 3.21.15Dec 19Dec 21Dec 23Dec 25Dec 27Dec 29Dec 31Jan-1.0%-0.5%0%0.5%1.0%1.5%2.0%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Voya Index 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 Index mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Index 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 Index mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Dec 19Dec 21Dec 23Dec 25Dec 27Dec 29Dec 31Jan15.815.916.016.116.216.316.4
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Voya Index Lagged Returns

When evaluating Voya Index's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Index mutual fund have on its future price. Voya Index 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 Index autocorrelation shows the relationship between Voya Index mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Index Solution.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15DecDec 08Dec 12Dec 16Dec 20Dec 24Dec 28Jan15.715.815.916.016.116.216.3
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Voya Mutual Fund

Voya Index 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 Index security.
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