Voya Bond Ten Year Return vs. One Year Return
| ILUAX Fund | USD 8.88 0.02 0.22% |
For Voya Bond profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Bond to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Bond Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Bond's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Bond Index over time as well as its relative position and ranking within its peers.
Voya |
Voya Bond Index One Year Return vs. Ten Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voya Bond's current stock value. Our valuation model uses many indicators to compare Voya Bond value to that of its competitors to determine the firm's financial worth. Voya Bond Index is rated fourth overall fund in ten year return among similar funds. It is rated below average in one year return among similar funds reporting about 0.18 of One Year Return per Ten Year Return. The ratio of Ten Year Return to One Year Return for Voya Bond Index is roughly 5.60 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Voya Bond's earnings, one of the primary drivers of an investment's value.Voya One Year Return vs. Ten Year Return
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Voya Bond |
| = | 3.04 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Voya Bond |
| = | 0.54 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Voya One Year Return Comparison
Voya Bond is rated fifth overall fund in one year return among similar funds.
Voya Bond Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Bond, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Bond will eventually generate negative long term returns. The profitability progress is the general direction of Voya Bond's change in net profit over the period of time. It can combine multiple indicators of Voya Bond, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets in investment-grade debt instruments rated at least A by Moodys Investors Service, Inc., at least A by SP Global Ratings, or are of comparable quality if unrated, which are at the time of purchase, included in the index derivatives whose economic returns are, by design, closely equivalent to the returns of the index or its components and exchange-traded funds that track the index.
Voya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voya Bond. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Voya Bond position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Voya Bond's important profitability drivers and their relationship over time.
Use Voya Bond in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Voya Bond position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Voya Bond will appreciate offsetting losses from the drop in the long position's value.Voya Bond Pair Trading
Voya Bond Index Pair Trading Analysis
The ability to find closely correlated positions to Voya Bond 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 Bond 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 Bond - 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 Bond Index to buy it.
The correlation of Voya Bond 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Voya Bond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Bond Index moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Voya Bond can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Voya Bond position
In addition to having Voya Bond in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hotels Thematic Idea Now
Hotels
Hotels, inns, motels, and other companies providing lodging and hospitality services. The Hotels theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hotels Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund
To fully project Voya Bond's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Bond Index at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Voya Bond's income statement, its balance sheet, and the statement of cash flows.
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