Voya Strategic Income Fund Market Value

ISIAX Fund  USD 9.27  0.01  0.11%   
Voya Strategic's market value is the price at which a share of Voya Strategic trades on a public exchange. It measures the collective expectations of Voya Strategic Income investors about its performance. Voya Strategic is trading at 9.27 as of the 25th of February 2025; that is 0.11% up since the beginning of the trading day. The fund's open price was 9.26.
With this module, you can estimate the performance of a buy and hold strategy of Voya Strategic Income and determine expected loss or profit from investing in Voya Strategic over a given investment horizon. Check out Voya Strategic Correlation, Voya Strategic Volatility and Voya Strategic Alpha and Beta module to complement your research on Voya Strategic.
Symbol

Please note, there is a significant difference between Voya Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Strategic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Voya Strategic '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 Strategic'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 Strategic.
0.00
01/26/2025
No Change 0.00  0.0 
In 31 days
02/25/2025
0.00
If you would invest  0.00  in Voya Strategic on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Voya Strategic Income or generate 0.0% return on investment in Voya Strategic over 30 days. Voya Strategic is related to or competes with Goldman Sachs, Virtus High, Gmo High, Aqr Risk, and Siit High. The fund invests in debt instruments, including investment-grade securities and below investment-grade securities, commo... More

Voya Strategic 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 Strategic'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 Strategic Income upside and downside potential and time the market with a certain degree of confidence.

Voya Strategic Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Strategic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Strategic's standard deviation. In reality, there are many statistical measures that can use Voya Strategic historical prices to predict the future Voya Strategic's volatility.
Hype
Prediction
LowEstimatedHigh
9.099.279.45
Details
Intrinsic
Valuation
LowRealHigh
8.338.5110.20
Details
Naive
Forecast
LowNextHigh
9.109.289.46
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.109.209.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Voya Strategic. Your research has to be compared to or analyzed against Voya Strategic's peers to derive any actionable benefits. When done correctly, Voya Strategic's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Voya Strategic Income.

Voya Strategic Income Backtested Returns

At this stage we consider Voya Mutual Fund to be very steady. Voya Strategic Income 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-six technical indicators for Voya Strategic Income, which you can use to evaluate the volatility of the fund. Please validate Voya Strategic's Risk Adjusted Performance of 0.1025, downside deviation of 0.1653, and Standard Deviation of 0.1709 to confirm if the risk estimate we provide is consistent with the expected return of 0.0283%. The entity has a beta of -0.0358, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Strategic are expected to decrease at a much lower rate. During the bear market, Voya Strategic is likely to outperform the market.

Auto-correlation

    
  0.75  

Good predictability

Voya Strategic Income has good predictability. Overlapping area represents the amount of predictability between Voya Strategic time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th 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 Strategic Income price movement. The serial correlation of 0.75 indicates that around 75.0% of current Voya Strategic price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.83
Residual Average0.0
Price Variance0.0
Voya ReturnsVoya Lagged ReturnsDiversified AwayVoya ReturnsVoya Lagged ReturnsDiversified Away100%

Voya Strategic Income lagged returns against current returns

Autocorrelation, which is Voya Strategic 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 Strategic's mutual fund expected returns. We can calculate the autocorrelation of Voya Strategic returns to help us make a trade decision. For example, suppose you find that Voya Strategic 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 24-0.4%-0.2%0%0.2%0.4%0.6%0.8%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

Voya Strategic 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 Strategic mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Strategic 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 Strategic mutual fund over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 249.219.229.239.249.259.269.27
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

Voya Strategic Lagged Returns

When evaluating Voya Strategic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Strategic mutual fund have on its future price. Voya Strategic 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 Strategic autocorrelation shows the relationship between Voya Strategic mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Strategic Income.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 27Jan 31FebFeb 08Feb 12Feb 16Feb 20Feb 249.219.229.239.249.259.269.279.28
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Other Information on Investing in Voya Mutual Fund

Voya Strategic 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 Strategic security.
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