Voya Financial Revenue vs. Cash And Equivalents
| VOYA-PB Preferred Stock | USD 23.43 0.05 0.21% |
For Voya Financial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Financial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Financial utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Financial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Financial over time as well as its relative position and ranking within its peers.
Voya |
Voya Financial Cash And Equivalents vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voya Financial's current stock value. Our valuation model uses many indicators to compare Voya Financial value to that of its competitors to determine the firm's financial worth. Voya Financial is rated first in revenue category among its peers. It is rated first in cash and equivalents category among its peers creating about 0.28 of Cash And Equivalents per Revenue. The ratio of Revenue to Cash And Equivalents for Voya Financial is roughly 3.53 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Voya Financial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Voya Financial's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Voya Revenue vs. Competition
Voya Financial is rated first in revenue category among its peers. Market size based on revenue of Financial Conglomerates industry is at this time estimated at about 47.96 Billion. Voya Financial holds roughly 4.23 Billion in revenue claiming about 9% of equities under Financial Conglomerates industry.
Voya Cash And Equivalents vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Voya Financial |
| = | 4.23 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Voya Financial |
| = | 1.2 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Voya Cash And Equivalents Comparison
Voya Financial is currently under evaluation in cash and equivalents category among its peers.
Voya Financial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Financial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Financial will eventually generate negative long term returns. The profitability progress is the general direction of Voya Financial's change in net profit over the period of time. It can combine multiple indicators of Voya Financial, 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.
Voya Financial, Inc. operates as a retirement, investment, and employee benefits company in the United States. Voya Financial, Inc. was incorporated in 1999 and is based in New York, New York. Voya Financial operates under Financial Conglomerates classification in the United States and is traded on NYQ Exchange. It employs 6000 people.
Voya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voya Financial. 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 Financial 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 Financial's important profitability drivers and their relationship over time.
Use Voya Financial 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 Financial 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 Financial will appreciate offsetting losses from the drop in the long position's value.Voya Financial Pair Trading
Voya Financial Pair Trading Analysis
The ability to find closely correlated positions to Voya Financial 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 Financial 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 Financial - 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 Financial to buy it.
The correlation of Voya Financial 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 Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Financial 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 Financial 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 Financial position
In addition to having Voya Financial 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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Hedge Favorites
Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
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Other Information on Investing in Voya Preferred Stock
To fully project Voya Financial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Financial 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 Financial's income statement, its balance sheet, and the statement of cash flows.