VOYA INTERMEDIATE Variance
| IIBZX Fund | | | USD 8.74 0.03 0.34% |
The Variance signal for Voya Intermediate Bond reflects patterns observed in trading data. Availability can differ across markets, exchanges, and instruments. Review
Risk vs Return Analysis to understand diversified portfolio construction. Diversified allocation aims to distribute exposure across multiple positions. Tracking Voya Intermediate Bond in a portfolio helps measure its contribution to overall performance. Position weights are derived from the selected portfolio construction methodology. Broader economic conditions can influence Voya Intermediate Bond's mutual fund valuation — related indicators include
signals in nation.
Voya Intermediate Bond has current Variance of 0.0588. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.
Variance | = | SUM(RET DEV)2N |
| = | 0.0588 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N | = | Number of points for the period |
Variance Peers Comparison
Variance Relative To Other Indicators
Voya Intermediate Bond is rated
below average in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
23.10 of Maximum Drawdown per Variance. At
23.10 , Voya Intermediate Bond's Maximum Drawdown-to-Variance multiple reflects the spread between these metrics
Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.
Compare VOYA INTERMEDIATE to Peers
Other Technical Indicators