Voya Gnma Income Fund Price on May 23, 2024

VGMBX Fund  USD 7.33  0.01  0.14%   
Below is the normalized historical share price chart for Voya Gnma Income extending back to July 31, 2020. 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 Gnma stands at 7.33, as last reported on the 23rd of November, with the highest price reaching 7.33 and the lowest price hitting 7.33 during the day.
 
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If you're considering investing in Voya Mutual Fund, it is important to understand the factors that can impact its price. Voya Gnma Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0983, which indicates the fund had a -0.0983% return per unit of risk over the last 3 months. Voya Gnma Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Gnma's Coefficient Of Variation of (1,240), risk adjusted performance of (0.08), and Variance of 0.0898 to confirm the risk estimate we provide.
  
Voya Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0983

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Estimated Market Risk

 0.3
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Voya Gnma is not performing at its full potential. However, 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 Gnma by adding Voya Gnma to a well-diversified portfolio.

Voya Gnma Main Headline on 23rd of May 2024

Defense Tech Startup Helsing Raising Funds At 4 Billion Valuation Forbes

Voya Gnma Valuation on May 23, 2024

It is possible to determine the worth of Voya Gnma on a given historical date. On May 23, 2024 Voya was worth 7.07 at the beginning of the trading date compared to the closed value of 7.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Voya Gnma mutual fund. Still, in general, we apply an absolute valuation method to find Voya Gnma'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 Gnma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Voya Gnma's related companies.
 Open High Low Close Volume
  7.10    7.10    7.10    7.10    1.00  
05/23/2024
  7.07    7.07    7.07    7.07    1.00  
  7.07    7.07    7.07    7.07    1.00  
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Open Value
7.07
7.07
Closing Value
7.96
Upside

Voya Gnma Trading Date Momentum on May 23, 2024

On May 24 2024 Voya Gnma Income was traded for  7.07  at the closing time. The highest daily price throughout the period was 7.07  and the lowest price was  7.07 . There was no trading activity during the period 1.0. Lack of trading volume on 05/24/2024 did not result in any price rise and fall. The trading price change to current closing price is 1.13% .

Voya Gnma Income Fundamentals Correlations and Trends

By evaluating Voya Gnma'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 Gnma'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 Gnma Mutual Fund history

Voya Gnma 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 Gnma Income 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 Gnma stock prices may prove useful in developing a viable investing in Voya Gnma
Under normal market conditions, the fund invests at least 80 percent of its net assets in GNMA Certificates. The fund may purchase or sell GNMA certificates on a delayed delivery or forward commitment basis through the to be announced market.

Voya Gnma Mutual Fund Technical Analysis

Voya Gnma 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 Gnma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya Gnma 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 Gnma Period Price Range

Low
November 23, 2024
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High

 0.00 

     

 0.00 

Voya Gnma Income 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 Gnma November 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Voya Gnma 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 Gnma shares will generate the highest return on investment. By undertsting and applying Voya Gnma mutual fund market strength indicators, traders can identify Voya Gnma Income entry and exit signals to maximize returns

Voya Gnma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Voya Gnma'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 Gnma 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 Gnma security.
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