Voya Bond Index Fund Technical Analysis

ILABX Fund  USD 8.99  0.01  0.11%   
As of the 24th of November, Voya Bond has the Risk Adjusted Performance of (0.08), coefficient of variation of (1,151), and Variance of 0.0915. Voya Bond technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the fund's future prices.

Voya Bond Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Voya, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Voya
  
Voya Bond's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Voya Bond technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
A focus of Voya Bond technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya Bond trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Voya Bond Index Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Voya Bond Index volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Voya Bond Index Trend Analysis

Use this graph to draw trend lines for Voya Bond Index. You can use it to identify possible trend reversals for Voya Bond as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Voya Bond price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Voya Bond Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Voya Bond Index applied against its price change over selected period. The best fit line has a slop of   0.0062  , which may suggest that Voya Bond Index market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.45, which is the sum of squared deviations for the predicted Voya Bond price change compared to its average price change.

About Voya Bond Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Voya Bond Index on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Voya Bond Index based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Voya Bond Index price pattern first instead of the macroeconomic environment surrounding Voya Bond Index. By analyzing Voya Bond's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Voya Bond's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Voya Bond specific price patterns or momentum indicators. Please read more on our technical analysis page.

Voya Bond November 24, 2024 Technical Indicators

Most technical analysis of Voya help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Voya from various momentum indicators to cycle indicators. When you analyze Voya charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Other Information on Investing in Voya Mutual Fund

Voya Bond 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 Bond security.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk