Voya Global Perspectives Fund Quote
| IPARX Fund | USD 8.30 0.01 0.12% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Voya Global is trading at 8.30 as of the 19th of April 2024; that is -0.12 percent decrease since the beginning of the trading day. The fund's open price was 8.31. Voya Global has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Voya Global Perspectives are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests the assets of the portfolio in a combination of underlying funds that invest directly in securities . The underlying funds will invest in the securities of issuers in a number of different countries, one of which may be the United States. More on Voya Global Perspectives
Moving together with Voya Mutual Fund
| 0.62 | ILBPX | Voya Limited Maturity | PairCorr |
| 0.87 | IMCDX | Voya Emerging Markets | PairCorr |
Voya Mutual 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.
| Fund Concentration | Voya Funds, Large Blend Funds, World Allocation Funds, World Allocation, Voya (View all Sectors) |
| Update Date | 31st of March 2024 |
Voya Global Perspectives [IPARX] is traded in USA and was established 19th of April 2024. Voya Global is listed under Voya category by Fama And French industry classification. The fund is listed under World Allocation category and is part of Voya family. This fund currently has accumulated 117.35 M in assets under management (AUM) with no minimum investment requirementsVoya Global Perspectives is currently producing year-to-date (YTD) return of 0.24% with the current yeild of 0.06%, while the total return for the last 3 years was -1.74%.
Check Voya Global Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Voya Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Voya Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Voya Global Perspectives Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Voya Global Perspectives Mutual Fund Constituents
| IEPIX | Voya Emerging Markets | Mutual Fund | Diversified Emerging Mkts |
| IGBZX | Voya Global Bond | Mutual Fund | World Bond |
| IIIIX | Voya International Index | Mutual Fund | Foreign Large Blend |
| IIMOX | Voya Midcap Opportunities | Mutual Fund | Mid-Cap Growth |
| ILBAX | Voya Bond Index | Mutual Fund | Intermediate Core Bond |
| IPIMX | Voya High Yield | Mutual Fund | High Yield Bond |
| IPLIX | Voya Index Plus | Mutual Fund | Large Blend |
Voya Global Target Price Odds Analysis
Based on a normal probability distribution, the odds of Voya Global jumping above the current price in 90 days from now is more than 93.0%. The Voya Global Perspectives probability density function shows the probability of Voya Global mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Voya Global has a beta of 0.7606. 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 Perspectives will be expected to be much smaller as well. Additionally, voya Global Perspectives has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Voya Global to move above the current price in 90 days from now is more than 93.0 (This Voya Global Perspectives probability density function shows the probability of Voya Mutual Fund to fall within a particular range of prices over 90 days) .
Voya Global Perspectives 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.
| Mean Deviation | 0.401 | |||
| Semi Deviation | 0.54 | |||
| Standard Deviation | 0.5394 | |||
| Variance | 0.2909 |
Voya Global Against Markets
Picking the right benchmark for Voya Global mutual 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 mutual 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 Perspectives 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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| All Next | Launch Module |
How to buy Voya Mutual 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 Perspectives 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 Perspectives 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 Perspectives, 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 Perspectives?
The danger of trading Voya Global Perspectives is mainly related to its market volatility and Mutual 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 Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Voya Global Perspectives 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 Perspectives. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.