Ing Solution Correlations

ISZAX Fund  USD 10.18  0.01  0.1%   
The current 90-days correlation between Ing Solution 2025 and Balanced Fund Retail is -0.02 (i.e., Good 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

  0.61ILABX Voya Bond IndexPairCorr
  0.89ILBPX Voya Limited MaturityPairCorr
  0.9ILMBX Voya Limited MaturityPairCorr
  0.87IMBAX Voya Limited MaturityPairCorr
  0.94IMCVX Voya Multi ManagerPairCorr
  0.95IMOPX Voya Midcap OpportunitiesPairCorr
  0.96IMORX Voya Midcap OpportunitiesPairCorr
  0.96IMOWX Voya Midcap OpportunitiesPairCorr
  0.96IMOZX Voya Midcap OpportunitiesPairCorr
  0.97IMYCX Voya High YieldPairCorr
  0.83INGIX Voya Stock IndexPairCorr
  0.63INGBX Voya Global BondPairCorr
  0.98VPISX Voya Index SolutionPairCorr
  0.95INTIX Voya International IndexPairCorr
  0.98VPSSX Voya Index SolutionPairCorr
  0.72VPRSX Voya Jpmorgan SmallPairCorr
  0.98VPSAX Voya Index SolutionPairCorr
  0.97IOGPX Vy Oppenheimer GlobalPairCorr
  0.73IOSAX Voya Global BondPairCorr
  0.74IOSIX Voya Global BondPairCorr
  0.75IOSSX Voya Global BondPairCorr
  0.98NAPIX Voya Multi ManagerPairCorr
  0.97NARCX Voya Multi ManagerPairCorr
  0.96NAWCX Voya Global EquityPairCorr
  0.94NAWGX Voya Global EquityPairCorr
  0.96NAWIX Voya Global EquityPairCorr
  0.92IPARX Voya Global PerspectivesPairCorr
  0.75IPIIX Ing Intermediate BondPairCorr
  0.97IPIMX Voya High YieldPairCorr
  0.74IPISX Voya Intermediate BondPairCorr
  0.92IPIRX Voya Global PerspectivesPairCorr
  0.97IPHYX Voya High YieldPairCorr

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.