Ing Solution Correlations

ISZAX Fund  USD 10.13  0.01  0.1%   
The current 90-days correlation between Ing Solution 2025 and Goldman Sachs Small is 0.74 (i.e., Poor diversification). The correlation of Ing Solution 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.

Ing Solution Correlation With Market

Very poor diversification

The correlation between Ing Solution 2025 and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ing Solution 2025 and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ing Solution 2025. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Ing Mutual Fund

  0.62ILABX Voya Bond IndexPairCorr
  0.89ILBPX Voya Limited MaturityPairCorr
  0.9ILMBX Voya Limited MaturityPairCorr
  0.87IMBAX Voya Limited MaturityPairCorr
  0.95IMCVX Voya Multi ManagerPairCorr
  0.96IMOPX Voya Midcap OpportunitiesPairCorr
  0.96IMORX Voya Midcap OpportunitiesPairCorr
  0.96IMOWX Voya Midcap OpportunitiesPairCorr
  0.63IMOZX Voya Midcap OpportunitiesPairCorr
  0.87INGIX Voya Stock IndexPairCorr
  0.64VPISX Voya Index SolutionPairCorr
  0.96INTIX Voya International IndexPairCorr
  0.64VPSSX Voya Index SolutionPairCorr
  0.75VPRSX Voya Jpmorgan SmallPairCorr
  0.99VPSAX Voya Index SolutionPairCorr
  0.62IOGPX Vy Oppenheimer GlobalPairCorr
  0.73IOSAX Voya Global BondPairCorr
  0.76IOSSX Voya Global BondPairCorr
  0.98NAPIX Voya Multi ManagerPairCorr
  0.65NARCX Voya Multi ManagerPairCorr
  0.68NAWCX Voya Global EquityPairCorr
  0.68NAWGX Voya Global EquityPairCorr
  0.68NAWIX Voya Global EquityPairCorr
  0.79IPARX Voya Global PerspectivesPairCorr
  0.97IPIMX Voya High YieldPairCorr
  0.76IPISX Voya Intermediate BondPairCorr
  0.94IPIRX Voya Global PerspectivesPairCorr
  0.97IPHYX Voya High YieldPairCorr
  0.98IPLIX Voya Index PlusPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Ing Mutual Fund performing well and Ing Solution 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 Ing Solution's 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.