Voya Vacs Series Fund Market Value
| VVIFX Fund | 11.09 0.04 0.36% |
| Symbol | Voya |
Voya Vacs '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 Vacs' 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 Vacs.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Voya Vacs on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Vacs Series or generate 0.0% return on investment in Voya Vacs over 180 days. Voya Vacs is related to or competes with T Rowe, Versatile Bond, Artisan High, Multisector Bond, Bbh Intermediate, and Transamerica Intermediate. Under normal market conditions, the fund invests at least 80 percent of its net assets in equity securities of issuers i... More
Voya Vacs 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 Vacs' 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 Vacs Series upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.25 |
Voya Vacs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Vacs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Vacs' standard deviation. In reality, there are many statistical measures that can use Voya Vacs historical prices to predict the future Voya Vacs' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.12) |
Voya Vacs Series Backtested Returns
Voya Vacs Series owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0248, which indicates the fund had a -0.0248% return per unit of risk over the last 3 months. Voya Vacs Series exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Vacs' Coefficient Of Variation of (1,898), risk adjusted performance of (0.04), and Variance of 0.8776 to confirm the risk estimate we provide. The entity has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Vacs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Vacs is expected to be smaller as well.
Auto-correlation | 0.27 |
Poor predictability
Voya Vacs Series has poor predictability. Overlapping area represents the amount of predictability between Voya Vacs time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 Vacs Series price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Voya Vacs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Voya Vacs Series lagged returns against current returns
Autocorrelation, which is Voya Vacs 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 Vacs' mutual fund expected returns. We can calculate the autocorrelation of Voya Vacs returns to help us make a trade decision. For example, suppose you find that Voya Vacs 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 Vacs 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 Vacs mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Vacs 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 Vacs mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Vacs Lagged Returns
When evaluating Voya Vacs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Vacs mutual fund have on its future price. Voya Vacs 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 Vacs autocorrelation shows the relationship between Voya Vacs mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Vacs Series.
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 Vacs 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 Vacs security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
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