Voya Global Equity Fund Quote
IGD Fund | USD 5.22 0.03 0.58% |
Performance16 of 100
| Odds Of DistressLess than 27
|
Voya Global is trading at 5.22 as of the 19th of March 2024, a 0.58 percent increase since the beginning of the trading day. The fund's lowest day price was 5.19. Voya Global has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. Equity ratings for Voya Global Equity are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
Voya Global Equity Dividend and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. Voya Global Equity Dividend and Premium Opportunity Fund was formed on March 28, 2005 and is domiciled in the United States. The company has 80.73 M outstanding shares of which 179.25 K shares are currently shorted by investors with about 0.58 days to cover. More on Voya Global Equity
Moving together with Voya Fund
0.87 | SMPIX | Semiconductor Ultrasector | PairCorr |
0.87 | SMPSX | Semiconductor Ultrasector | PairCorr |
0.86 | FSELX | Semiconductors Portfolio | PairCorr |
0.86 | FIKGX | Fidelity Advisor Sem | PairCorr |
0.86 | RMQAX | Monthly Rebalance | PairCorr |
0.86 | RMQHX | Monthly Rebalance | PairCorr |
0.86 | FELTX | Fidelity Advisor Sem | PairCorr |
Voya Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Voya Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Voya Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chief Executive Officer | Michael Bell |
Fund Concentration | Derivative Income Funds, Asset Management, Financial Services (View all Sectors) |
Update Date | 31st of March 2024 |
Voya Global Equity [IGD] is traded in USA and was established 19th of March 2024. The fund is not classified under any group at the present time. Voya Global Equity currently has in assets under management (AUM) with no minimum investment requirementsThe fund is currently generating return of 4.17% with the current yeild of 0.01%, while the total return for the last 3 years was 6.6%.
Check Voya Global Probability Of Bankruptcy
Voya Global Target Price Odds Analysis
What are Voya Global's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Voya Global jumping above the current price in 90 days from now is about 1.79%. The Voya Global Equity probability density function shows the probability of Voya Global fund to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Voya Global has a beta of 0.6299. This usually indicates as returns on the market go up, Voya Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Voya Global Equity will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0415, implying that it can generate a 0.0415 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Voya Global to move above the current price in 90 days from now is about 1.79 (This Voya Global Equity probability density function shows the probability of Voya Fund to fall within a particular range of prices over 90 days) .
Voya Global Top Holders
ALTY | Global X Alternative | Etf | Aggressive Allocation |
RNCOX | Rivernorth E Opportunity | Mutual Fund | Allocation--50% to 70% Equity |
CEFS | Saba Closed End Funds | Etf | Tactical Allocation |
RNCIX | Rivernorth E Opportunity | Mutual Fund | Allocation--50% to 70% Equity |
Voya Global Equity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Voya Global market risk premium is the additional return an investor will receive from holding Voya Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Voya Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Voya Global's alpha and beta are two of the key measurements used to evaluate Voya Global's performance over the market, the standard measures of volatility play an important role as well.
Risk Adjusted Performance | 0.1283 | |||
Jensen Alpha | 0.0415 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.01) |
Voya Global Against Markets
Picking the right benchmark for Voya Global fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Voya Global fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Voya Global is critical whether you are bullish or bearish towards Voya Global Equity at a given time. Please also check how Voya Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Voya Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Voya Fund?
Before investing in Voya Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Voya Global. To buy Voya Global fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Voya Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Voya Global fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Voya Global Equity fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Voya Global Equity fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Voya Global Equity, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Voya Global Equity?
The danger of trading Voya Global Equity is mainly related to its market volatility and Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Voya Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Voya Global. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Voya Global Equity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Voya Global Equity. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Voya Global Equity information on this page should be used as a complementary analysis to other Voya Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Voya Fund analysis
When running Voya Global's price analysis, check to measure Voya Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Voya Global is operating at the current time. Most of Voya Global's value examination focuses on studying past and present price action to predict the probability of Voya Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voya Global's price. Additionally, you may evaluate how the addition of Voya Global to your portfolios can decrease your overall portfolio volatility.
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