Voya Vacs Index Fund Market Value
| VVIMX Fund | 13.04 0.05 0.38% |
| 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.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Voya Vacs on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Vacs Index or generate 0.0% return on investment in Voya Vacs over 60 days. Voya Vacs is related to or competes with Virtus High, Guggenheim High, Strategic Advisers, and Alpine High. Under normal market conditions, the portfolio invests at least 80 percent of its net assets in equity securities of comp... 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 Index upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5828 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 3.74 | |||
| Value At Risk | (0.91) | |||
| Potential Upside | 1.32 |
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 | 0.1599 | |||
| Jensen Alpha | 0.1269 | |||
| Total Risk Alpha | 0.0354 | |||
| Sortino Ratio | 0.0607 | |||
| Treynor Ratio | 0.7485 |
Voya Vacs Index Backtested Returns
At this stage we consider Voya Mutual Fund to be very steady. Voya Vacs Index owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Vacs Index, which you can use to evaluate the volatility of the fund. Please validate Voya Vacs' Coefficient Of Variation of 451.71, risk adjusted performance of 0.1599, and Semi Deviation of 0.3391 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 0.2, which indicates not very significant fluctuations relative to the market. 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 | -0.32 |
Poor reverse predictability
Voya Vacs Index has poor reverse predictability. Overlapping area represents the amount of predictability between Voya Vacs time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Index price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Voya Vacs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Voya Vacs Index 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 Index.
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.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |