Voya Us Correlations
INGIX Fund | USD 21.69 0.07 0.32% |
The current 90-days correlation between Voya Stock Index and Tiaa Cref Lifestyle Conservative is 0.95 (i.e., Almost no diversification). The correlation of Voya Us is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Voya Us Correlation With Market
Very good diversification
The correlation between Voya Stock Index and DJI is -0.34 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Voya Stock Index and DJI in the same portfolio, assuming nothing else is changed.
Voya |
Moving together with Voya Mutual Fund
0.83 | ILBPX | Voya Limited Maturity | PairCorr |
0.85 | ILMBX | Voya Limited Maturity | PairCorr |
0.81 | IMBAX | Voya Limited Maturity | PairCorr |
0.97 | IMCVX | Voya Multi Manager | PairCorr |
0.95 | IMOPX | Voya Midcap Opportunities | PairCorr |
0.95 | IMORX | Voya Midcap Opportunities | PairCorr |
0.95 | IMOWX | Voya Midcap Opportunities | PairCorr |
0.95 | IMOZX | Voya Midcap Opportunities | PairCorr |
0.96 | IMYCX | Voya High Yield | PairCorr |
0.66 | INGBX | Voya Global Bond | PairCorr |
1.0 | VPISX | Voya Index Solution | PairCorr |
0.94 | INTIX | Voya International Index | PairCorr |
0.93 | VPRDX | Voya Morgan Stanley | PairCorr |
1.0 | VPRAX | Voya T Rowe | PairCorr |
1.0 | VPSSX | Voya Index Solution | PairCorr |
0.99 | VPRSX | Voya Jpmorgan Small | PairCorr |
0.97 | VPSAX | Voya Index Solution | PairCorr |
0.99 | IOGPX | Vy Oppenheimer Global | PairCorr |
0.75 | IOSAX | Voya Global Bond | PairCorr |
0.76 | IOSIX | Voya Global Bond | PairCorr |
0.77 | IOSSX | Voya Global Bond | PairCorr |
0.96 | NAPIX | Voya Multi Manager | PairCorr |
0.97 | NARCX | Voya Multi Manager | PairCorr |
0.93 | NAWCX | Voya Global Equity | PairCorr |
0.95 | NAWGX | Voya Global Equity | PairCorr |
0.95 | NAWIX | Voya Global Equity | PairCorr |
0.96 | IPARX | Voya Global Perspectives | PairCorr |
0.96 | IPEAX | Voya Large Cap | PairCorr |
0.99 | IPEIX | Voya Large Cap | PairCorr |
0.99 | IPESX | Voya Large Cap | PairCorr |
0.95 | IPETX | Voya Large Cap | PairCorr |
0.67 | IPIIX | Ing Intermediate Bond | PairCorr |
0.96 | IPIMX | Voya High Yield | PairCorr |
0.67 | IPISX | Voya Intermediate Bond | PairCorr |
0.96 | IPIRX | Voya Global Perspectives | PairCorr |
0.97 | IPHYX | Voya High Yield | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Voya Mutual Fund performing well and Voya Us Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Voya Us' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
TLSHX | 0.33 | 0.16 | (0.24) | (1.03) | 0.00 | 0.86 | 4.06 | |||
WDIAX | 0.72 | 0.31 | (0.02) | (0.75) | 0.64 | 1.64 | 9.11 | |||
HIIDX | 0.63 | 0.19 | 0.11 | 0.55 | 0.00 | 1.38 | 7.55 | |||
PGBAX | 0.14 | 0.05 | (1.05) | (2.42) | 0.00 | 0.34 | 1.04 | |||
EKBDX | 0.82 | 0.17 | 0.13 | 0.43 | 0.51 | 2.15 | 13.08 | |||
XADEX | 0.89 | 0.40 | 0.04 | (0.83) | 0.81 | 2.00 | 12.46 | |||
ELDFX | 0.45 | 0.25 | (0.09) | (0.89) | 0.18 | 1.19 | 6.50 |