Voya Retirement Servative Fund Market Value
| IRCAX Fund | USD 7.99 0.02 0.25% |
| Symbol | Voya |
Voya Retirement '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 Retirement'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 Retirement.
| 01/03/2025 |
| 02/02/2025 |
If you would invest 0.00 in Voya Retirement on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Voya Retirement Servative or generate 0.0% return on investment in Voya Retirement over 30 days. Voya Retirement is related to or competes with Investec Global, Aqr Global, Rbb Fund, Us Global, Rbc Global, and Scharf Global. The Portfolio invests in a combination of underlying funds according to a model that is intended to reflect an allocatio... More
Voya Retirement 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 Retirement'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 Retirement Servative upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3841 | |||
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 1.89 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 0.5051 |
Voya Retirement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Retirement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Retirement's standard deviation. In reality, there are many statistical measures that can use Voya Retirement historical prices to predict the future Voya Retirement's volatility.| Risk Adjusted Performance | 0.0256 | |||
| Jensen Alpha | 0.0067 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.39) |
Voya Retirement Servative Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Retirement Servative owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0813, which indicates the fund had a 0.0813 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Retirement Servative, which you can use to evaluate the volatility of the fund. Please validate Voya Retirement's Semi Deviation of 0.2364, coefficient of variation of 1957.06, and Risk Adjusted Performance of 0.0256 to confirm if the risk estimate we provide is consistent with the expected return of 0.0253%. The entity has a beta of -0.0147, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Retirement are expected to decrease at a much lower rate. During the bear market, Voya Retirement is likely to outperform the market.
Auto-correlation | 0.29 |
Poor predictability
Voya Retirement Servative has poor predictability. Overlapping area represents the amount of predictability between Voya Retirement time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. 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 Retirement Servative price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Voya Retirement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Voya Retirement Servative lagged returns against current returns
Autocorrelation, which is Voya Retirement 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 Retirement's mutual fund expected returns. We can calculate the autocorrelation of Voya Retirement returns to help us make a trade decision. For example, suppose you find that Voya Retirement 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 Retirement 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 Retirement mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Retirement 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 Retirement mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Retirement Lagged Returns
When evaluating Voya Retirement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Retirement mutual fund have on its future price. Voya Retirement 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 Retirement autocorrelation shows the relationship between Voya Retirement mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Retirement Servative.
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 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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