Voya Real Estate Fund Market Value
| VREQX Fund | USD 11.37 0.06 0.52% |
| Symbol | Voya |
Voya Real '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 Real'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 Real.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Voya Real on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Real Estate or generate 0.0% return on investment in Voya Real over 30 days. Voya Real is related to or competes with Realty Income, Dynex Capital, First Industrial, Healthcare Realty, Kennedy Wilson, Belpointe PREP, and Park Hotels. Under normal market conditions, the fund invests at least 80 percent of its assets in common and preferred stocks of U.S More
Voya Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9031 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.57 | |||
| Value At Risk | (1.36) | |||
| Potential Upside | 1.27 |
Voya Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Real's standard deviation. In reality, there are many statistical measures that can use Voya Real historical prices to predict the future Voya Real's volatility.| Risk Adjusted Performance | 0.0287 | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.3861 |
Voya Real Estate Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0241, which indicates the fund had a 0.0241% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Voya Real Estate, which you can use to evaluate the volatility of the fund. Please validate Voya Real's Risk Adjusted Performance of 0.0287, coefficient of variation of 2732.99, and Semi Deviation of 0.8701 to confirm if the risk estimate we provide is consistent with the expected return of 0.02%. The entity has a beta of 0.0525, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Real is expected to be smaller as well.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Voya Real Estate has insignificant reverse predictability. Overlapping area represents the amount of predictability between Voya Real time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Real Estate price movement. The serial correlation of -0.2 indicates that over 20.0% of current Voya Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Voya Real Estate lagged returns against current returns
Autocorrelation, which is Voya Real 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 Real's mutual fund expected returns. We can calculate the autocorrelation of Voya Real returns to help us make a trade decision. For example, suppose you find that Voya Real 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 Real 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 Real mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Real 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 Real mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Real Lagged Returns
When evaluating Voya Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Real mutual fund have on its future price. Voya Real 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 Real autocorrelation shows the relationship between Voya Real mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Real Estate.
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 Real 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 Real security.
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