Voya Global Equity Fund Manager Performance Evaluation
IGD Fund | USD 5.22 0.03 0.58% |
The entity has a beta of 0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Global returns are expected to increase less than the market. However, during the bear market, the loss on holding Voya Global will be expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
Low | High |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Voya Global Equity are ranked lower than 16 (%) of all funds and portfolios of funds over the last 90 days. In spite of rather unfluctuating technical and fundamental indicators, Voya Global may actually be approaching a critical reversion point that can send shares even higher in April 2024.
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Expense Ratio | 0.9700 |
Voya |
Voya Global Relative Risk vs. Return Landscape
If you would invest 482.00 in Voya Global Equity on December 20, 2023 and sell it today you would earn a total of 40.00 from holding Voya Global Equity or generate 8.3% return on investment over 90 days. Voya Global Equity is generating 0.1349% of daily returns assuming volatility of 0.6299% on return distribution over 90 days investment horizon. In other words, 5% of funds are less volatile than Voya, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Voya Global Current Valuation
Overvalued
Today
Please note that Voya Global's price fluctuation is not too volatile at this time. At this time, the fund appears to be overvalued. Voya Global Equity has a current Real Value of $4.76 per share. The regular price of the fund is $5.22. We determine the value of Voya Global Equity from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will draw towards each other.
Our valuation method for Voya Global Equity is useful when determining the fair value of the Voya fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Voya Global. Since Voya Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Fund. 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 5.22 | Real 4.76 | Hype 5.21 |
The real value of a stock, also known as the intrinsic value, is the underlying worth of a company that is reflected in its stock price. It is based on the company's financial performance, assets, liabilities, growth prospects, management team, industry conditions, and other relevant factors. The real value of a stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, price-to-book ratio, and other valuation metrics. The real value of a stock may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence the stock's price. It is important to note that the real value of a stock is not a fixed number and may change over time based on changes in the company's performance and other relevant factors.
Estimating the potential upside or downside of Voya Global Equity helps investors to forecast how Voya fund'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 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Global's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Voya Global Equity, and traders can use it to determine the average amount a Voya Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2142
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Estimated Market Risk
0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Voya Global is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Voya Global by adding it to a well-diversified portfolio.
Voya Global Fundamentals Growth
Voya Fund prices reflect investors' perceptions of the future prospects and financial health of Voya Global, and Voya Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Voya Fund performance.
Return On Equity | 13.31 | ||||
Return On Asset | 1.17 | ||||
Current Valuation | 415.98 M | ||||
Shares Outstanding | 80.73 M | ||||
Price To Earning | 6.22 X | ||||
Price To Book | 0.92 X | ||||
Price To Sales | 27.93 X | ||||
Revenue | 15.69 M | ||||
Cash Per Share | 0.03 X | ||||
Debt To Equity | 0 % | ||||
Earnings Per Share | (0.36) X | ||||
Total Asset | 988.68 M | ||||
Retained Earnings | (764.6 M) | ||||
About Voya Global Performance
To evaluate Voya Global Equity Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Voya Global generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Voya Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Voya Global Equity market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Voya's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. VOYA Global operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about Voya Global Equity performance evaluation
Checking the ongoing alerts about Voya Global for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Voya Global Equity help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Latest headline from news.google.com: Trend Tracker for - Stock Traders Daily.com |
- Analyzing Voya Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Voya Global's stock is overvalued or undervalued compared to its peers.
- Examining Voya Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Voya Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Voya Global's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Voya Global's fund. These opinions can provide insight into Voya Global's potential for growth and whether the stock is currently undervalued or overvalued.
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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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