VOYA INTERMEDIATE Mutual Fund Forward View - Simple Moving Average
| IIBZX Fund | USD 8.71 -0.07 -0.80% |
This reference page presents Simple Moving Average forecast data for Voya Intermediate Bond. The projected values and error metrics are presented below as reference information.
The Simple Moving Average forecasted value of Voya Intermediate Bond on the next trading day is expected to be 8.71 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.04.The simple moving average model is conceptually a linear regression of the current value of Voya Intermediate Bond price series against current and previous (unobserved) value of VOYA INTERMEDIATE. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average forecast data for Voya Intermediate Bond is sourced from the most recent available trading data and is intended solely as reference information. Simple Moving Average Price Forecast For the 23rd of March
Given 90 days horizon, the Simple Moving Average forecasted value of Voya Intermediate Bond on the next trading day is expected to be 8.71 with a mean absolute deviation of 0.02 , mean absolute percentage error of 0.0006 , and the sum of the absolute errors of 1.04 .Please note that although there have been many attempts to predict VOYA Mutual Fund prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that VOYA INTERMEDIATE's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Mutual Fund Forecast Pattern
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Forecasted Value
For the next trading day, Macroaxis evaluates VOYA INTERMEDIATE's predictive range by looking for statistically meaningful downside and upside boundaries. Used properly, these levels provide context around forecast dispersion rather than certainty about the next closing print.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of VOYA INTERMEDIATE mutual fund data series using in forecasting. Note that when a statistical model is used to represent VOYA INTERMEDIATE mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 106.9933 |
| Bias | Arithmetic mean of the errors | 0.0014 |
| MAD | Mean absolute deviation | 0.0176 |
| MAPE | Mean absolute percentage error | 0.002 |
| SAE | Sum of the absolute errors | 1.04 |
Other Forecasting Options for VOYA INTERMEDIATE
VOYA INTERMEDIATE's daily price returns can be decomposed into trend, seasonal, and residual components. Divergence between short-term and long-term averages in VOYA often signals an upcoming reversal or acceleration.VOYA INTERMEDIATE Related Equities
Sizing up VOYA INTERMEDIATE against these stocks within the Intermediate Core-Plus Bond space shows how it compares on key financial measures. Growth rate gaps between VOYA INTERMEDIATE and its peers often explain pricing differences in the market.
| Risk & Return | Correlation |
VOYA INTERMEDIATE Market Strength Events
Market strength indicators help investors evaluate how VOYA INTERMEDIATE mutual fund reacts to evolving market conditions. These indicators help determine optimal entry and exit points for trading Voya Intermediate Bond.
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.71 | |||
| Day Typical Price | 8.71 | |||
| Price Action Indicator | -0.04 | |||
| Period Momentum Indicator | -0.07 | |||
| Relative Strength Index | 37.56 |
VOYA INTERMEDIATE Risk Indicators
The analysis of VOYA INTERMEDIATE's basic risk indicators is one of the essential steps in accurately forecasting its future price. Understanding the risk involved in holding VOYA INTERMEDIATE's allows investors to make informed decisions about their exposure.
| Mean Deviation | 0.1736 | |||
| Standard Deviation | 0.2424 | |||
| Variance | 0.0588 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for VOYA INTERMEDIATE
The amount of media and story coverage tied to Voya Intermediate Bond can signal where market attention is concentrating at the moment. The practical risk is that faster visibility can increase both interest and skepticism at the same time.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.