Voya Jpmorgan Small Fund Market Value
| VPRSX Fund | USD 15.00 0.18 1.21% |
| Symbol | Voya |
Voya Jpmorgan '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 Jpmorgan'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 Jpmorgan.
| 02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in Voya Jpmorgan on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Voya Jpmorgan Small or generate 0.0% return on investment in Voya Jpmorgan over 60 days. Voya Jpmorgan is related to or competes with Voya Us, Voya Bond, Voya Limited, Voya Limited, Voya Us, Voya Limited, and Voya Emerging. The fund invests at least 80 percent of its net assets in equity securities of small-capitalization companies More
Voya Jpmorgan 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 Jpmorgan'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 Jpmorgan Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.51 |
Voya Jpmorgan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Jpmorgan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Jpmorgan's standard deviation. In reality, there are many statistical measures that can use Voya Jpmorgan historical prices to predict the future Voya Jpmorgan's volatility.| Risk Adjusted Performance | 0.0361 | |||
| Jensen Alpha | 0.0563 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.34) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Jpmorgan'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 Jpmorgan Small Backtested Returns
We consider Voya Jpmorgan very steady. Voya Jpmorgan Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0374, which indicates the fund had a 0.0374% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Jpmorgan Small, which you can use to evaluate the volatility of the fund. Please validate Voya Jpmorgan's Risk Adjusted Performance of 0.0361, semi deviation of 1.1, and Coefficient Of Variation of 1932.0 to confirm if the risk estimate we provide is consistent with the expected return of 0.0406%. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Jpmorgan are expected to decrease at a much lower rate. During the bear market, Voya Jpmorgan is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
Voya Jpmorgan Small has virtually no predictability. Overlapping area represents the amount of predictability between Voya Jpmorgan time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd 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 Jpmorgan Small price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Voya Jpmorgan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Voya Jpmorgan Small lagged returns against current returns
Autocorrelation, which is Voya Jpmorgan 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 Jpmorgan's mutual fund expected returns. We can calculate the autocorrelation of Voya Jpmorgan returns to help us make a trade decision. For example, suppose you find that Voya Jpmorgan 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 Jpmorgan 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 Jpmorgan mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Jpmorgan 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 Jpmorgan mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Voya Jpmorgan Lagged Returns
When evaluating Voya Jpmorgan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Jpmorgan mutual fund have on its future price. Voya Jpmorgan 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 Jpmorgan autocorrelation shows the relationship between Voya Jpmorgan mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya Jpmorgan Small.
Regressed Prices |
| Timeline |
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 Jpmorgan 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 Jpmorgan's short interest history, or implied volatility extrapolated from Voya Jpmorgan options trading.
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Voya Jpmorgan technical mutual fund 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, fund market cycles, or different charting patterns.