Voya Global Valuation
| IGA Etf | USD 9.69 0.03 0.31% |
At this time, the etf appears to be overvalued. Voya Global Advantage has a current Real Value of $9.15 per share. The regular price of the etf is $9.69. Our model measures the value of Voya Global Advantage from inspecting the etf fundamentals such as Shares Outstanding of 16.38 M, return on equity of 13.68, and Operating Margin of 61.20 % as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Voya Global's price fluctuation is very steady at this time. Calculation of the real value of Voya Global Advantage is based on 3 months time horizon. Increasing Voya Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Voya Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Etf. However, Voya Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.69 | Real 9.15 | Hype 9.69 |
The real value of Voya Etf, also known as its intrinsic value, is the underlying worth of Voya Global Advantage ETF, which is reflected in its stock price. It is based on Voya Global's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Voya Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Voya Global Advantage helps investors to forecast how Voya etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Voya Global more accurately as focusing exclusively on Voya Global's fundamentals will not take into account other important factors: Voya Global Total Value Analysis
Voya Global Advantage is currently forecasted to have company total value of 138.49 M with market capitalization of 173.44 M, debt of 0, and cash on hands of 733.68 K. Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Voya Global fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
138.49 M | 173.44 M | 0 | 733.68 K |
Voya Global Investor Information
The fund last dividend was 0.79 per share. Based on the analysis of Voya Global's profitability, liquidity, and operating efficiency, Voya Global Advantage is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December.Voya Global Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Voya Global has an asset utilization ratio of 2.31 percent. This suggests that the ETF is making $0.0231 for each dollar of assets. An increasing asset utilization means that Voya Global Advantage is more efficient with each dollar of assets it utilizes for everyday operations.Voya Global Ownership Allocation
Voya Global Advantage shows a total of 16.38 Million outstanding shares. 30% of Voya Global Advantage outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the etf is less than the current market value, you may not be able to make money on it.Voya Global Profitability Analysis
The company reported the last year's revenue of 5.03 M. Total Income to common stockholders was 24.09 M with profit before taxes, overhead, and interest of 5.03 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Voya Global's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Voya Global and how it compares across the competition.
About Voya Global Valuation
The etf valuation mechanism determines Voya Global's current worth on a weekly basis. Our valuation model uses a comparative analysis of Voya Global. We calculate exposure to Voya Global's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Voya Global's related companies.Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, andor exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.
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.