Voya High Yield Fund Price on August 28, 2024
IMYCX Fund | USD 6.98 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 6.98, as last reported on the 26th of November, with the highest price reaching 6.98 and the lowest price hitting 6.98 during the day.
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 0.16, which indicates the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya High Yield, which you can use to evaluate the volatility of the fund. Please validate Voya High's Downside Deviation of 0.1962, standard deviation of 0.1547, and Risk Adjusted Performance of 0.0805 to confirm if the risk estimate we provide is consistent with the expected return of 0.0253%.
Voya Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Voya |
Sharpe Ratio = 0.1623
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Estimated Market Risk
0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Voya High is performing at about 12% 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 Valuation on August 28, 2024
It is possible to determine the worth of Voya High on a given historical date. On August 28, 2024 Voya was worth 6.87 at the beginning of the trading date compared to the closed value of 6.87. 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 | |
6.88 | 6.88 | 6.88 | 6.88 | 1.00 | |
08/28/2024 | 6.87 | 6.87 | 6.87 | 6.87 | 1.00 |
6.88 | 6.88 | 6.88 | 6.88 | 1.00 |
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Voya High Trading Date Momentum on August 28, 2024
On August 29 2024 Voya High Yield was traded for 6.88 at the closing time. The highest daily price throughout the period was 6.88 and the lowest price was 6.88 . There was no trading activity during the period 1.0. Lack of trading volume on 08/29/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.15% . The trading price change to current closing price is 0.58% . |
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.
Price Boundaries
Voya High Period Price Range
Low | November 26, 2024
| 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 26, 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.
Risk Adjusted Performance | 0.0805 | |||
Jensen Alpha | 0.0066 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.54) | |||
Treynor Ratio | 0.2251 |
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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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