Voya Retirement Growth Fund Probability of Future Mutual Fund Price Finishing Over 12.85

IRGPX Fund  USD 12.37  0.02  0.16%   
Voya Retirement's future price is the expected price of Voya Retirement instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Voya Retirement Growth performance during a given time horizon utilizing its historical volatility. Check out Voya Retirement Backtesting, Portfolio Optimization, Voya Retirement Correlation, Voya Retirement Hype Analysis, Voya Retirement Volatility, Voya Retirement History as well as Voya Retirement Performance.
  
Please specify Voya Retirement's target price for which you would like Voya Retirement odds to be computed.

Voya Retirement Target Price Odds to finish over 12.85

The tendency of Voya Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 12.85  or more in 90 days
 12.37 90 days 12.85 
near 1
Based on a normal probability distribution, the odds of Voya Retirement to move over $ 12.85  or more in 90 days from now is near 1 (This Voya Retirement Growth probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Retirement Growth price to stay between its current price of $ 12.37  and $ 12.85  at the end of the 90-day period is under 4.
Assuming the 90 days horizon Voya Retirement has a beta of 0.0933. This usually indicates as returns on the market go up, Voya Retirement average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voya Retirement Growth will be expected to be much smaller as well. Additionally Voya Retirement Growth has an alpha of 0.0779, implying that it can generate a 0.0779 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Voya Retirement Price Density   
       Price  

Predictive Modules for Voya Retirement

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voya Retirement Growth. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
11.8812.3612.84
Details
Intrinsic
Valuation
LowRealHigh
11.8212.3012.78
Details
Naive
Forecast
LowNextHigh
11.9312.4112.88
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
12.1412.3112.48
Details

Voya Retirement Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Retirement is not an exception. The market had few large corrections towards the Voya Retirement's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Voya Retirement Growth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Retirement within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.08
β
Beta against Dow Jones0.09
σ
Overall volatility
0.19
Ir
Information ratio -0.05

Voya Retirement Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Voya Retirement for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Retirement Growth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund retains about 19.59% of its assets under management (AUM) in fixed income securities

Voya Retirement Technical Analysis

Voya Retirement's future price can be derived by breaking down and analyzing its technical indicators over time. Voya Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Voya Retirement Growth. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Voya Retirement Predictive Forecast Models

Voya Retirement's time-series forecasting models is one of many Voya Retirement's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Voya Retirement's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Voya Retirement Growth

Checking the ongoing alerts about Voya Retirement for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Retirement Growth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund retains about 19.59% of its assets under management (AUM) in fixed income securities

Other Information on Investing in Voya Mutual Fund

Voya Retirement 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 Retirement security.
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