Voya Small Fund Market Value

VYSEX Fund  USD 15.22  0.10  0.66%   
Voya Small's market value is the price at which a share of Voya Small trades on a public exchange. It measures the collective expectations of Voya Small investors about its performance. Voya Small is trading at 15.22 as of the 29th of March 2024; that is 0.66 percent up since the beginning of the trading day. The fund's open price was 15.12.
With this module, you can estimate the performance of a buy and hold strategy of Voya Small and determine expected loss or profit from investing in Voya Small over a given investment horizon. Check out Voya Small Correlation, Voya Small Volatility and Voya Small Alpha and Beta module to complement your research on Voya Small.
Symbol

Please note, there is a significant difference between Voya Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Small'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 Small '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 Small'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 Small.
0.00
04/09/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/29/2024
0.00
If you would invest  0.00  in Voya Small on April 9, 2022 and sell it all today you would earn a total of 0.00 from holding Voya Small or generate 0.0% return on investment in Voya Small over 720 days. Voya Small is related to or competes with Vanguard Small-cap, Vanguard Small-cap, Vanguard Small-cap, Vanguard Small-cap, Fidelity Small, Us Small, and T Rowe. Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of small-capital... More

Voya Small 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 Small'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 Small upside and downside potential and time the market with a certain degree of confidence.

Voya Small Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voya Small's standard deviation. In reality, there are many statistical measures that can use Voya Small historical prices to predict the future Voya Small's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Small'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.
Hype
Prediction
LowEstimatedHigh
13.9715.2216.47
Details
Intrinsic
Valuation
LowRealHigh
12.6413.8916.74
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Voya Small. Your research has to be compared to or analyzed against Voya Small's peers to derive any actionable benefits. When done correctly, Voya Small's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Voya Small.

Voya Small Backtested Returns

We consider Voya Small very steady. Voya Small owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0337, which indicates the fund had a 0.0337% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Voya Small, which you can use to evaluate the volatility of the fund. Please validate Voya Small's Semi Deviation of 1.23, risk adjusted performance of 0.0166, and Coefficient Of Variation of 5019.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.042%. The entity has a beta of 1.91, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Voya Small will likely underperform.

Auto-correlation

    
  0.32  

Below average predictability

Voya Small has below average predictability. Overlapping area represents the amount of predictability between Voya Small time series from 9th of April 2022 to 4th of April 2023 and 4th of April 2023 to 29th of March 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 Small price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Voya Small price fluctuation can be explain by its past prices.
Correlation Coefficient0.32
Spearman Rank Test0.07
Residual Average0.0
Price Variance0.62

Voya Small lagged returns against current returns

Autocorrelation, which is Voya Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Voya Small returns to help us make a trade decision. For example, suppose you find that Voya Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voya Small 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 Small mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Voya Small Lagged Returns

When evaluating Voya Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voya Small mutual fund have on its future price. Voya Small 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 Small autocorrelation shows the relationship between Voya Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Voya 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 Small 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 Small's short interest history, or implied volatility extrapolated from Voya Small 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.
Check out Voya Small Correlation, Voya Small Volatility and Voya Small Alpha and Beta module to complement your research on Voya Small.
Note that the Voya Small information on this page should be used as a complementary analysis to other Voya Small's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Voya Mutual Fund analysis

When running Voya Small's price analysis, check to measure Voya Small'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 Small is operating at the current time. Most of Voya Small's value examination focuses on studying past and present price action to predict the probability of Voya Small'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 Small's price. Additionally, you may evaluate how the addition of Voya Small to your portfolios can decrease your overall portfolio volatility.
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Voya Small 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.
A focus of Voya Small technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Voya Small trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...