Voya Limited Variance
| IMBAX Fund | | | USD 9.30 -0.02 -0.21% |
Technical inputs supporting the Variance indicator for Voya Limited Maturity are shown here. The information is based on observed market data across timeframes. Diversification context is available through
Risk vs Return Analysis. The information is presented without directional commentary. Portfolio analysis tools can evaluate how Voya Limited Maturity fits within a broader allocation. How positions are weighted depends on the construction approach applied. Broader economic conditions can influence Voya Limited Maturity's mutual fund valuation — related indicators include
signals in nation.
Voya Limited Maturity has current Variance of 0.0171. 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 |
| = | 0.0171 | |
| 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 Limited Maturity is rated
third in variance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about
43.81 of Maximum Drawdown per Variance. At
43.81 , Voya Limited Maturity'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.
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