Voya Global Advantage Etf Net Asset
IGA Etf | USD 9.72 0.03 0.31% |
Voya Global Advantage fundamentals help investors to digest information that contributes to Voya Global'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 Global'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 Global etf.
Voya |
Voya Global Advantage ETF Net Asset Analysis
Voya Global's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition |
Based on the recorded statements, Voya Global Advantage has a Net Asset of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
Voya Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Global's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Voya Global could also be used in its relative valuation, which is a method of valuing Voya Global by comparing valuation metrics of similar companies.Voya Global is currently under evaluation in net asset as compared to similar ETFs.
Voya Fundamentals
Return On Equity | 13.68 | ||||
Return On Asset | 1.07 | ||||
Profit Margin | 478.95 % | ||||
Operating Margin | 61.20 % | ||||
Current Valuation | 138.49 M | ||||
Shares Outstanding | 16.38 M | ||||
Shares Owned By Institutions | 42.89 % | ||||
Number Of Shares Shorted | 17.52 K | ||||
Price To Earning | 298.67 X | ||||
Price To Book | 0.93 X | ||||
Price To Sales | 29.66 X | ||||
Revenue | 5.03 M | ||||
Gross Profit | 5.03 M | ||||
Net Income | 24.09 M | ||||
Cash And Equivalents | 733.68 K | ||||
Cash Per Share | 0.05 X | ||||
Current Ratio | 1.52 X | ||||
Book Value Per Share | 9.75 X | ||||
Short Ratio | 0.28 X | ||||
Earnings Per Share | (0.66) X | ||||
Number Of Employees | 26 | ||||
Beta | 0.75 | ||||
Market Capitalization | 173.44 M | ||||
Total Asset | 217.45 M | ||||
Retained Earnings | (106.37 M) | ||||
Annual Yield | 0.01 % | ||||
Year To Date Return | 16.05 % | ||||
One Year Return | 18.89 % | ||||
Three Year Return | 7.95 % | ||||
Five Year Return | 6.33 % | ||||
Last Dividend Paid | 0.79 |
About Voya Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Global Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Global Advantage 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.
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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 Global 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 Global security.