Voya Financial Stock Market Value
| VOYA Stock | USD 68.10 0.64 0.95% |
| Symbol | Voya |
Voya Financial Price To Book Ratio
Is Voya Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Voya Financial. If investors know Voya will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Voya Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 1.2 | Earnings Share 5.42 | Revenue Per Share 71.548 | Quarterly Revenue Growth 0.17 |
The market value of Voya Financial is measured differently than its book value, which is the value of Voya that is recorded on the company's balance sheet. Investors also form their own opinion of Voya Financial's value that differs from its market value or its book value, called intrinsic value, which is Voya Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Voya Financial's market value can be influenced by many factors that don't directly affect Voya Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Voya Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Voya Financial '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 Financial's stock 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 Financial.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Voya Financial on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Financial or generate 0.0% return on investment in Voya Financial over 30 days. Voya Financial is related to or competes with Federal Agricultural, Federal Agricultural, Atlanticus Holdings, Nelnet, EZCORP, SLM Corp, and Navient Corp. Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States More
Voya Financial 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 Financial's stock 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 Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.61 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.45 |
Voya Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Financial's standard deviation. In reality, there are many statistical measures that can use Voya Financial historical prices to predict the future Voya Financial's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Financial'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 Financial Backtested Returns
Voya Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0647, which indicates the firm had a -0.0647% return per unit of risk over the last 3 months. Voya Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voya Financial's Risk Adjusted Performance of (0.01), variance of 1.44, and Coefficient Of Variation of (4,930) to confirm the risk estimate we provide. The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Financial is expected to be smaller as well. Voya Financial has an expected return of -0.0785%. Please make sure to validate Voya Financial jensen alpha, as well as the relationship between the skewness and day median price , to decide if Voya Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.4 |
Poor reverse predictability
Voya Financial has poor reverse predictability. Overlapping area represents the amount of predictability between Voya Financial time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Financial price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Voya Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 2.43 |
Voya Financial lagged returns against current returns
Autocorrelation, which is Voya Financial stock'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 Financial's stock expected returns. We can calculate the autocorrelation of Voya Financial returns to help us make a trade decision. For example, suppose you find that Voya Financial has exhibited high autocorrelation historically, and you observe that the stock 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 Financial 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 Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voya Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Voya Financial Lagged Returns
When evaluating Voya Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Financial stock have on its future price. Voya Financial 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 Financial autocorrelation shows the relationship between Voya Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Voya Financial.
Regressed Prices |
| Timeline |
Voya Financial Investors Sentiment
The influence of Voya Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Voya. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Voya Financial's public news can be used to forecast risks associated with an investment in Voya. The trend in average sentiment can be used to explain how an investor holding Voya can time the market purely based on public headlines and social activities around Voya Financial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Voya Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Voya Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Voya Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Voya Financial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Voya Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Voya Financial's short interest history, or implied volatility extrapolated from Voya Financial options trading.
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.When determining whether Voya Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Voya Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Voya Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Voya Financial Stock:Check out Voya Financial Correlation, Voya Financial Volatility and Voya Financial Alpha and Beta module to complement your research on Voya Financial. For information on how to trade Voya Stock refer to our How to Trade Voya Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Voya Stock analysis
When running Voya Financial's price analysis, check to measure Voya Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Voya Financial is operating at the current time. Most of Voya Financial's value examination focuses on studying past and present price action to predict the probability of Voya Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voya Financial's price. Additionally, you may evaluate how the addition of Voya Financial to your portfolios can decrease your overall portfolio volatility.
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Voya Financial technical stock 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, stock market cycles, or different charting patterns.