Voya High Yield Fund Price on June 14, 2024

IMYCX Fund  USD 6.96  0.01  0.14%   
Below is the normalized historical share price chart for Voya High Yield extending back to November 11, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Voya High stands at 6.96, as last reported on the 22nd of November, with the highest price reaching 6.96 and the lowest price hitting 6.96 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Voya Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Voya Mutual Fund to be very steady. Voya High Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the fund had a 0.12% return per unit of risk over the last 3 months. We have found twenty-six technical indicators for Voya High Yield, which you can use to evaluate the volatility of the fund. Please validate Voya High's Risk Adjusted Performance of 0.0697, downside deviation of 0.1962, and Standard Deviation of 0.154 to confirm if the risk estimate we provide is consistent with the expected return of 0.0182%.
  
Voya Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1159

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Estimated Market Risk

 0.16
  actual daily
1
99% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Voya High is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Voya High by adding it to a well-diversified portfolio.

Voya High Main Headline on 14th of June 2024

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Voya High Valuation on June 14, 2024

It is possible to determine the worth of Voya High on a given historical date. On June 14, 2024 Voya was worth 6.68 at the beginning of the trading date compared to the closed value of 6.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voya High mutual fund. Still, in general, we apply an absolute valuation method to find Voya High's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Voya High where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voya High's related companies.
 Open High Low Close Volume
  6.70    6.70    6.70    6.70    1.00  
06/14/2024
  6.68    6.68    6.68    6.68    1.00  
  6.68    6.68    6.68    6.68    1.00  
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Open Value
6.68
6.68
Closing Value
7.15
Upside

Voya High Trading Date Momentum on June 14, 2024

On June 17 2024 Voya High Yield was traded for  6.68  at the closing time. The highest daily price throughout the period was 6.68  and the lowest price was  6.68 . There was no trading activity during the period 1.0. Lack of trading volume on 06/17/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.15% .

Voya High Yield Fundamentals Correlations and Trends

By evaluating Voya High's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Voya High's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Voya financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Voya High Mutual Fund history

Voya High investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Voya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Voya High Yield will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Voya High stock prices may prove useful in developing a viable investing in Voya High
Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of high-yield bonds commonly known as junk bonds. High-yield bonds are debt instruments that, at the time of purchase, are not rated by a nationally recognized statistical rating organization or are rated below investment-grade or have an equivalent rating by a NRSRO.

Voya High Mutual Fund Technical Analysis

Voya High technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Voya High technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya High trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Voya High Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Voya High Yield cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Voya High November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Voya High mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Voya High shares will generate the highest return on investment. By undertsting and applying Voya High mutual fund market strength indicators, traders can identify Voya High Yield entry and exit signals to maximize returns

Voya High Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Voya High's price direction in advance. Along with the technical and fundamental analysis of Voya Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Voya to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Voya Mutual Fund

Voya High 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 High security.
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