Voya Limited Maturity Fund Market Value
| ILBPX Fund | USD 9.49 0.01 0.11% |
| Symbol | Voya |
Voya Limited '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 Limited'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 Limited.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Voya Limited on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Limited Maturity or generate 0.0% return on investment in Voya Limited over 30 days. Voya Limited is related to or competes with Conservative Balanced, Blackrock Conservative, Delaware Limited, Adams Diversified, Pgim Conservative, Prudential Core, and Lord Abbett. Under normal market conditions, the fund invests at least 80 percent of its net assets in a diversified portfolio of bon... More
Voya Limited 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 Limited'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 Limited Maturity upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1451 | |||
| Information Ratio | (0.57) | |||
| Maximum Drawdown | 0.9501 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.2125 |
Voya Limited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Limited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Limited's standard deviation. In reality, there are many statistical measures that can use Voya Limited historical prices to predict the future Voya Limited's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.0041 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.56) | |||
| Treynor Ratio | 0.9073 |
Voya Limited Maturity Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Limited Maturity owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0843, which indicates the fund had a 0.0843% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Limited Maturity, which you can use to evaluate the volatility of the fund. Please validate Voya Limited's Standard Deviation of 0.1408, downside deviation of 0.1451, and Risk Adjusted Performance of 0.0343 to confirm if the risk estimate we provide is consistent with the expected return of 0.0119%. The entity has a beta of 0.005, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Limited's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Limited is expected to be smaller as well.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Voya Limited Maturity has insignificant reverse predictability. Overlapping area represents the amount of predictability between Voya Limited time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. 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 Limited Maturity price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Voya Limited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Voya Limited Maturity lagged returns against current returns
Autocorrelation, which is Voya Limited 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 Limited's mutual fund expected returns. We can calculate the autocorrelation of Voya Limited returns to help us make a trade decision. For example, suppose you find that Voya Limited 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 |
| Timeline |
Voya Limited 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 Limited mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Limited 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 Limited mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Limited Lagged Returns
When evaluating Voya Limited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Limited mutual fund have on its future price. Voya Limited 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 Limited autocorrelation shows the relationship between Voya Limited mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Limited Maturity.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Voya Mutual Fund
Voya Limited 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 Limited security.
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