Voya Floating Rate Fund Probability of Future Mutual Fund Price Finishing Over 8.70
| IFRWX Fund | USD 8.15 0.01 0.12% |
Voya |
Voya Floating Target Price Odds to finish over 8.70
The tendency of Voya Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 8.70 or more in 90 days |
| 8.15 | 90 days | 8.70 | close to zero percent |
Based on a normal probability distribution, the odds of Voya Floating to move over $ 8.70 or more in 90 days from now is close to zero percent (This Voya Floating Rate probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Voya Floating Rate price to stay between its current price of $ 8.15 and $ 8.70 at the end of the 90-day period is about 12.13 .
Assuming the 90 days horizon Voya Floating Rate has a beta of -0.016. This usually indicates as returns on the benchmark increase, returns on holding Voya Floating are expected to decrease at a much lower rate. During a bear market, however, Voya Floating Rate is likely to outperform the market. Additionally Voya Floating Rate has an alpha of 0.0198, implying that it can generate a 0.0198 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Voya Floating Price Density |
| Price |
Predictive Modules for Voya Floating
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Voya Floating Rate. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Floating's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Voya Floating Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Voya Floating is not an exception. The market had few large corrections towards the Voya Floating's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Voya Floating Rate, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Voya Floating within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.37 |
Voya Floating Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Voya Floating for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Voya Floating Rate can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund retains about 8.01% of its assets under management (AUM) in fixed income securities |
Voya Floating Technical Analysis
Voya Floating's future price can be derived by breaking down and analyzing its technical indicators over time. Voya Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Voya Floating Rate. In general, you should focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Voya Floating Predictive Forecast Models
Voya Floating's time-series forecasting models is one of many Voya Floating's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Voya Floating's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Voya Floating Rate
Checking the ongoing alerts about Voya Floating for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Voya Floating Rate help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund retains about 8.01% of its assets under management (AUM) in fixed income securities |
Other Information on Investing in Voya Mutual Fund
Voya Floating 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 Floating security.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |