Voya Financial Correlations

VOYA-PB Preferred Stock

USD 24.28 0.31 1.29%

The current 90-days correlation between Voya Financial and Voya Financial is 0.39 (i.e., Weak diversification). The correlation of Voya Financial 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.

Voya Financial Correlation With Market

Very weak diversification

The correlation between Voya Financial and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Voya Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Voya Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voya Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Voya Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Voya Financial to buy it.

Moving together with Voya Preferred Stock

0.65	VOYA	Voya Financial	Pair Corr
0.7	HTH	Hilltop Holdings	Pair Corr
0.65	C	Citigroup Aggressive Push	Pair Corr
0.81	AB	AllianceBernstein	Pair Corr
0.73	AX	Axos Financial	Pair Corr
0.66	BK	Bank of New York	Pair Corr
0.73	BN	Brookfield Corp	Pair Corr
0.61	BX	Blackstone Group	Pair Corr
0.72	BY	Byline Bancorp Normal Trading	Pair Corr
0.62	CG	Carlyle Group Normal Trading	Pair Corr
0.66	CM	Canadian Imperial Bank	Pair Corr
0.7	DB	Deutsche Bank AG	Pair Corr
0.64	GS	Goldman Sachs Group	Pair Corr
0.61	LU	Lufax Holding	Pair Corr
0.66	MA	Mastercard	Pair Corr
0.66	MS	Morgan Stanley	Pair Corr
0.73	NU	Nu Holdings	Pair Corr
0.68	PB	Prosperity Bancshares	Pair Corr

Moving against Voya Preferred Stock

0.45	RILYP	B Riley Financial	Pair Corr
0.34	TREE	Lendingtree	Pair Corr
0.33	FG	FG Annuities Life	Pair Corr
0.38	PT	Pintec Technology	Pair Corr
0.35	RM	Regional Management Corp Normal Trading	Pair Corr

Related Correlations Analysis

	IX	VOYA	HTH	VOYA-PB	RILYP	RILY	TREE	YB	MET-PA	MET-PE
IX		0.84	0.7	0.55	-0.58	0.06	-0.47	-0.04	0.59	0.86	IX
VOYA	0.84		0.89	0.65	-0.54	0.22	-0.53	-0.16	0.69	0.7	VOYA
HTH	0.7	0.89		0.7	-0.35	0.29	-0.33	-0.28	0.72	0.57	HTH
VOYA-PB	0.55	0.65	0.7		-0.45	-0.08	-0.34	-0.42	0.63	0.48	VOYA-PB
RILYP	-0.58	-0.54	-0.35	-0.45		0.57	0.82	0.11	-0.35	-0.61	RILYP
RILY	0.06	0.22	0.29	-0.08	0.57		0.46	0.2	0.07	-0.01	RILY
TREE	-0.47	-0.53	-0.33	-0.34	0.82	0.46		0.14	-0.38	-0.39	TREE
YB	-0.04	-0.16	-0.28	-0.42	0.11	0.2	0.14		-0.55	0.06	YB
MET-PA	0.59	0.69	0.72	0.63	-0.35	0.07	-0.38	-0.55		0.42	MET-PA
MET-PE	0.86	0.7	0.57	0.48	-0.61	-0.01	-0.39	0.06	0.42		MET-PE
	IX	VOYA	HTH	VOYA-PB	RILYP	RILY	TREE	YB	MET-PA	MET-PE

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

HTH	+ 0.89	VOYA
MET-PE	+ 0.86	IX
VOYA	+ 0.84	IX
TREE	+ 0.82	RILYP
MET-PA	+ 0.72	HTH
HTH	+ 0.7	IX

High negative correlations

MET-PE	- 0.61	RILYP
RILYP	- 0.58	IX
MET-PA	- 0.55	YB
RILYP	- 0.54	VOYA
TREE	- 0.53	VOYA
TREE	- 0.47	IX

Risk-Adjusted Indicators

There is a big difference between Voya Preferred Stock performing well and Voya Financial Company 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 Voya Financial'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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IX	1.15	0.06	0.02	0.18	1.71	(1.20)	2.96	(2.15)	9.02
VOYA	1.89	(0.01)	0.02	0.10	3.06	(1.81)	4.17	(3.12)	19.04
HTH	1.06	0.00	(0.02)	0.10	1.46	(1.17)	2.12	(2.45)	7.32
VOYA-PB	0.68	0.05	(0.04)	0.32	0.85	(0.70)	1.39	(1.29)	3.65
RILYP	4.63	(0.63)	0.00	(1.71)	0.00	0.00	8.42	(9.68)	25.92
RILY	2.84	(0.40)	0.00	(0.19)	0.00	0.00	7.46	(6.65)	16.93
TREE	3.10	(0.46)	0.00	(0.27)	0.00	0.00	4.95	(6.65)	31.20
YB	2.75	0.65	0.21	5.82	2.14	(3.70)	10.58	(4.71)	21.67
MET-PA	0.62	(0.06)	0.00	(0.07)	0.00	0.00	1.45	(1.77)	4.57
MET-PE	0.43	0.02	(0.09)	0.24	0.59	(0.40)	0.82	(1.03)	2.86

Be your own money manager

Our tools can tell you how much better you can do entering a position in Voya Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Pattern Recognition Now

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges

All Next

Launch Module

Voya Financial Corporate Management

Santhosh Keshavan	Ex Officer	Profile
CFA CFA	Chief Management	Profile
Heather Lavallee	CEO Pres	Profile
Tony Oh	Principal Officer	Profile
Rodney Martin	Chairman CEO	Profile
Charles Nelson	Chief Chairman	Profile
My To	Ex Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC