Voya Gnma Five Year Return vs. One Year Return

LEINX Fund  USD 7.28  0.01  0.14%   
Based on the key profitability measurements obtained from Voya Gnma's financial statements, Voya Gnma Income may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Voya Gnma's ability to earn profits and add value for shareholders.
For Voya Gnma profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Gnma to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Gnma Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Gnma's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Gnma Income over time as well as its relative position and ranking within its peers.
  
Check out Correlation Analysis.
Please note, there is a significant difference between Voya Gnma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Gnma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Gnma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Voya Gnma Income One Year Return vs. Five Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Voya Gnma's current stock value. Our valuation model uses many indicators to compare Voya Gnma value to that of its competitors to determine the firm's financial worth.
Voya Gnma Income is number one fund in five year return among similar funds. It also is number one fund in one year return among similar funds . 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 Gnma's earnings, one of the primary drivers of an investment's value.

Voya One Year Return 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 Gnma

Five Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
(0.14) %
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.
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 Gnma

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
2.39 %
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 Gnma is currently under evaluation in one year return among similar funds.

Voya Gnma Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Gnma, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Gnma will eventually generate negative long term returns. The profitability progress is the general direction of Voya Gnma's change in net profit over the period of time. It can combine multiple indicators of Voya Gnma, 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 fund invests at least 80 percent of its net assets in GNMA Certificates. The fund may purchase or sell GNMA certificates on a delayed delivery or forward commitment basis through the to be announced market.

Voya Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Voya Gnma. 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 Gnma 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 Gnma's important profitability drivers and their relationship over time.

Use Voya Gnma 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 Gnma 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 Gnma will appreciate offsetting losses from the drop in the long position's value.

Voya Gnma Pair Trading

Voya Gnma Income Pair Trading Analysis

The ability to find closely correlated positions to Voya Gnma 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 Gnma 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 Gnma - 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 Gnma Income to buy it.
The correlation of Voya Gnma 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 Gnma moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Gnma Income 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 Gnma 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Voya Gnma position

In addition to having Voya Gnma 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.

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Steel Works Etc Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Steel Works Etc theme has 54 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 Steel Works Etc Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund

To fully project Voya Gnma's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Gnma Income 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 Gnma's income statement, its balance sheet, and the statement of cash flows.
Potential Voya Gnma investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Voya Gnma investors may work on each financial statement separately, they are all related. The changes in Voya Gnma's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Voya Gnma's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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