Vy T Rowe Fund Market Value
| IAXIX Fund | USD 11.48 0.49 4.09% |
| Symbol | IAXIX |
Vy T '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 Vy T'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 Vy T.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Vy T on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Vy T Rowe or generate 0.0% return on investment in Vy T over 30 days. Vy T is related to or competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, Voya Bond, Voya Limited, and Voya Emerging. Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in the equity securities of companies having a market capitalization within the range of companies in the Russell Midcap Growth Index or the SP MidCap 400 Index at the time of purchase. More
Vy T 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 Vy T'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 Vy T Rowe upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8637 | |||
| Information Ratio | 0.1959 | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.67 |
Vy T Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vy T's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vy T's standard deviation. In reality, there are many statistical measures that can use Vy T historical prices to predict the future Vy T's volatility.| Risk Adjusted Performance | 0.1813 | |||
| Jensen Alpha | 0.2032 | |||
| Total Risk Alpha | 0.186 | |||
| Sortino Ratio | 0.2202 | |||
| Treynor Ratio | 0.6544 |
Vy T Rowe Backtested Returns
Vy T appears to be very steady, given 3 months investment horizon. Vy T Rowe retains Efficiency (Sharpe Ratio) of 0.21, which indicates the fund had a 0.21% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for Vy T, which you can use to evaluate the volatility of the fund. Please review Vy T's Risk Adjusted Performance of 0.1813, downside deviation of 0.8637, and Mean Deviation of 0.7344 to confirm if our risk estimates are consistent with your expectations. The entity owns a Beta (Systematic Risk) of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Vy T's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vy T is expected to be smaller as well.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Vy T Rowe has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Vy T time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Vy T Rowe price movement. The serial correlation of -0.77 indicates that around 77.0% of current Vy T price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Vy T Rowe lagged returns against current returns
Autocorrelation, which is Vy T 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 Vy T's mutual fund expected returns. We can calculate the autocorrelation of Vy T returns to help us make a trade decision. For example, suppose you find that Vy T 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 |
Vy T 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 Vy T mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vy T mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vy T mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Vy T Lagged Returns
When evaluating Vy T's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vy T mutual fund have on its future price. Vy T 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, Vy T autocorrelation shows the relationship between Vy T mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Vy T Rowe.
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 IAXIX Mutual Fund
Vy T financial ratios help investors to determine whether IAXIX 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 IAXIX with respect to the benefits of owning Vy T security.
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