Voya Stock Five Year Return vs. Price To Earning
| ISJBX Fund | USD 20.07 0.02 0.1% |
For Voya Stock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Stock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Stock Index utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Stock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Stock Index over time as well as its relative position and ranking within its peers.
Voya |
Voya Stock Index Price To Earning vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voya Stock's current stock value. Our valuation model uses many indicators to compare Voya Stock value to that of its competitors to determine the firm's financial worth. Voya Stock Index is currently considered the top fund in five year return among similar funds. It also is currently considered the top fund in price to earning among similar funds reporting about 0.35 of Price To Earning per Five Year Return. The ratio of Five Year Return to Price To Earning for Voya Stock Index is roughly 2.89 . 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 Stock's earnings, one of the primary drivers of an investment's value.Voya Price To Earning vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Voya Stock |
| = | 15.03 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Voya Stock |
| = | 5.20 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Voya Price To Earning Comparison
Voya Stock is currently under evaluation in price to earning among similar funds.
Voya Stock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Stock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Stock will eventually generate negative long term returns. The profitability progress is the general direction of Voya Stock's change in net profit over the period of time. It can combine multiple indicators of Voya Stock, 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.
Under normal market conditions, the Portfolio invests at least 80 percent of its net assets in equity securities of companies included in the SP 500 Index or equity securities of companies that are representative of the index .
Voya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voya Stock. 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 Stock 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 Stock's important profitability drivers and their relationship over time.
Use Voya Stock 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 Stock 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 Stock will appreciate offsetting losses from the drop in the long position's value.Voya Stock Pair Trading
Voya Stock Index Pair Trading Analysis
The ability to find closely correlated positions to Voya Stock 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 Stock 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 Stock - 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 Stock Index to buy it.
The correlation of Voya Stock 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 Stock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Stock 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 Stock 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 Stock position
In addition to having Voya Stock 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?
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Tech Funds
Funds or Etfs that invest in companies involved in research, development, testing, or distribution of technologically based goods and services. The Tech Funds 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 Tech Funds Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund
To fully project Voya Stock's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Stock 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 Stock's income statement, its balance sheet, and the statement of cash flows.
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