Voya Infrastructure Industrials Etf Year To Date Return

IDE Etf  USD 10.43  0.03  0.29%   
Voya Infrastructure Industrials fundamentals help investors to digest information that contributes to Voya Infrastructure's financial success or failures. It also enables traders to predict the movement of Voya Etf. The fundamental analysis module provides a way to measure Voya Infrastructure's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Voya Infrastructure etf.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Voya Infrastructure Industrials ETF Year To Date Return Analysis

Voya Infrastructure's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

More About Year To Date Return | All Equity Analysis

Current Voya Infrastructure Year To Date Return

    
  1.06 %  
Most of Voya Infrastructure's fundamental indicators, such as Year To Date Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Voya Infrastructure Industrials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Competition

According to the company's disclosures, Voya Infrastructure Industrials has a Year To Date Return of 1.0629%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The year to date return for all United States etfs is notably lower than that of the firm.

Voya Year To Date Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Infrastructure's direct or indirect competition against its Year To Date Return to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Voya Infrastructure could also be used in its relative valuation, which is a method of valuing Voya Infrastructure by comparing valuation metrics of similar companies.
Voya Infrastructure is currently under evaluation in year to date return as compared to similar ETFs.

Voya Fundamentals

About Voya Infrastructure Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Voya Infrastructure Industrials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Infrastructure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Infrastructure Industrials based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Voya Etf

Voya Infrastructure financial ratios help investors to determine whether Voya Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Voya with respect to the benefits of owning Voya Infrastructure security.