Voya Large Cap Growth Fund Market Value
| PLCIX Fund | USD 65.08 1.27 1.99% |
| Symbol | Voya |
Voya Large '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 Large'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 Large.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Voya Large on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Voya Large Cap Growth or generate 0.0% return on investment in Voya Large over 720 days. Voya Large 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 fund invests at least 80 percent of its net assets in common stocks of large-capital... More
Voya Large 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 Large'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 Large Cap Growth upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.11 | |||
| Information Ratio | 0.1556 | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.99 |
Voya Large Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Large's standard deviation. In reality, there are many statistical measures that can use Voya Large historical prices to predict the future Voya Large's volatility.| Risk Adjusted Performance | 0.1977 | |||
| Jensen Alpha | 0.2474 | |||
| Total Risk Alpha | 0.1171 | |||
| Sortino Ratio | 0.1392 | |||
| Treynor Ratio | 3.05 |
Voya Large Cap Backtested Returns
Voya Large appears to be very steady, given 3 months investment horizon. Voya Large Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the fund had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Voya Large Cap Growth, which you can use to evaluate the volatility of the fund. Please review Voya Large's Semi Deviation of 0.6623, risk adjusted performance of 0.1977, and Coefficient Of Variation of 372.55 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.0839, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Voya Large's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Large is expected to be smaller as well.
Auto-correlation | 0.88 |
Very good predictability
Voya Large Cap Growth has very good predictability. Overlapping area represents the amount of predictability between Voya Large time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Large Cap price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Voya Large price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 18.52 |
Voya Large Cap lagged returns against current returns
Autocorrelation, which is Voya Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Voya Large returns to help us make a trade decision. For example, suppose you find that Voya Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Large 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 Large mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Large Lagged Returns
When evaluating Voya Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Large mutual fund have on its future price. Voya Large 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 Large autocorrelation shows the relationship between Voya Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Large Cap Growth.
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 Large 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 Large security.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |