Voya Global Competition

Mutual Funds . USA . 
Fund . Voya Global Bond
IGBRX Fund  USD 7.37  0.14  1.94%   
Voya Global Bond competes with HUMANA, SCOR PK, Small Cap, Via Renewables, and Bondbloxx ETF; as well as few others. The fund is listed under World Bond category and is part of Voya family. Analyzing Voya Global competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Voya Global to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Voya Global Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Voya Global competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
6.827.377.92
Details
Intrinsic
Valuation
LowRealHigh
6.276.827.37
Details
Naive
Forecast
LowNextHigh
6.787.327.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.007.157.31
Details

Voya Global Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Voya Global and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of Voya and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Voya Global Bond does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
XTWY
+ 0.85
444859BR2
XTWO
+ 0.76
VIASP
TTNDF
+ 0.75
VIASP
KNG
+ 0.74
SCRYX
KNG
+ 0.71
SCRYY
TTNDF
+ 0.71
XTWO
  
High negative correlations   
TTNDF
- 0.65
KNF
XTWY
- 0.53
AMPL
KNF
- 0.51
XTWO
AMPL
- 0.48
SCRYX
AMPL
- 0.48
444859BR2
KNF
- 0.44
VIASP

Risk-Adjusted Indicators

There is a big difference between Voya Mutual Fund performing well and Voya Global Mutual Fund doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Voya Global's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
444859BR2  0.46  0.00 (0.04) 0.02  0.64 
(0.45)
 1.00 
(1.17)
 2.67 
SCRYY  2.13 (0.12) 0.00 (0.10) 0.00 
 0.00 
 4.44 
(4.72)
 17.20 
SCRYX  0.99 (0.04)(0.02) 0.00  1.25 
(0.97)
 2.00 
(1.87)
 5.26 
VIASP  1.46  0.32  0.14  0.22  2.06 
(1.55)
 3.96 
(2.60)
 15.71 
XTWO  0.11  0.01 (0.11) 0.13  0.08 
(0.12)
 0.19 
(0.23)
 1.29 
KNG  0.48 (0.01)(0.03) 0.01  0.65 
(0.45)
 0.81 
(1.08)
 2.86 
KNF  1.35 (0.10) 0.00 (0.04) 0.00 
 0.00 
 2.92 
(3.45)
 9.23 
AMPL  2.93  0.19  0.03  1.36  4.29 
(3.22)
 7.08 
(8.00)
 30.99 
XTWY  0.86  0.05  0.03  0.14  1.14 
(0.86)
 1.64 
(2.11)
 5.33 
TTNDF  2.63  0.39  0.07 (0.25) 2.74 
(4.92)
 9.12 
(6.67)
 24.67 

Voya Global Competitive Analysis

The better you understand Voya Global competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Voya Global's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Voya Global's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
IGBRX 444859BR2 SCRYY SCRYX VIASP XTWO KNG KNF AMPL XTWY
 1.94 
 7.37 
Voya
 0.01 
 80.32 
HUMANA
 4.69 
 2.64 
SCOR
 1.73 
 12.50 
Small
 1.08 
 23.37 
Via
 0.04 
 48.96 
Bondbloxx
 0.08 
 50.65 
KNG
 0.22 
 69.12 
Knife
 7.84 
 1.10 
Ampleforth
 1.02 
 42.49 
Bondbloxx
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Risky
Out of control
Very steady
Very steady
Very steady
Very steady
Unusually risky
Very steady
Market Performance
(90 Days Performance)
Modest
Weak
Very Weak
Very Weak
OK
OK
Very Weak
Very Weak
Very Weak
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Below Average
Below Average
Low
Average
Low
Low
Low
High
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Buy
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Hold
Strong Sell
Not Rated
Strong Buy
Cautious Hold
Strong Hold
Hold
Strong Sell
Hold
Current Ratio
N/A
N/A
9.99
N/A
3.49
N/A
N/A
N/A
N/A
N/A
Net Asset
237.02 M
N/A
51.52 B
973.72 M
355.28 M
35.17 M
468.87 M
2.6 B
N/A
19.36 M
Profit Margin
N/A
N/A
-0.0209
N/A
0.0094
N/A
N/A
0.0619
N/A
N/A
EBITDA
N/A
N/A
1.23 B
N/A
33.09 M
N/A
N/A
420.2 M
N/A
N/A
Operating Margin
N/A
N/A
-0.0092
N/A
-0.14
N/A
N/A
-0.16
N/A
N/A
Current Valuation
N/A
N/A
4.75 B
N/A
535.95 M
N/A
N/A
4.46 B
N/A
N/A
Price To Book
N/A
N/A
0.67
N/A
N/A
N/A
N/A
3.64
N/A
N/A
Five Year Return
-2.08
N/A
4.83
8.05
8.97
N/A
8.5
N/A
N/A
N/A
Retained Earnings
N/A
N/A
(645.5 M)
N/A
N/A
N/A
N/A
665.8 M
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
One Year Return
1.96
N/A
N/A
10.17
N/A
N/A
5.9
N/A
N/A
N/A
Beta
N/A
N/A
1.25
N/A
1.16
N/A
0.83
N/A
N/A
N/A
Cash Position Weight
1.33
N/A
N/A
1.28
N/A
N/A
N/A
N/A
N/A
N/A
Number Of Employees
1
N/A
3.59 K
1
169
N/A
634
4.39 K
N/A
N/A
Equity Positions Weight
N/A
N/A
N/A
98.72
N/A
N/A
98.65
N/A
N/A
N/A
Shares Outstanding
N/A
N/A
1.78 B
N/A
N/A
N/A
N/A
56.61 M
N/A
N/A
Three Year Return
-6.42
N/A
N/A
0.25
N/A
N/A
3.2
N/A
N/A
N/A
Cash Flow From Operations
N/A
N/A
2.41 B
N/A
12.7 M
N/A
N/A
319 M
N/A
N/A
Annual Yield
0.0032
N/A
0.0789
0.0064
0.0972
N/A
N/A
N/A
N/A
N/A
Total Debt
N/A
N/A
3.05 B
N/A
135 M
N/A
N/A
726.4 M
N/A
N/A
Return On Equity
N/A
N/A
-0.0574
N/A
0.017
N/A
N/A
0.16
N/A
N/A
Bond Positions Weight
44.72
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Z Score
N/A
N/A
0.6
N/A
1.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
N/A
N/A
-0.002
N/A
-0.11
N/A
N/A
0.0782
N/A
N/A
Book Value Per Share
N/A
N/A
3.04
N/A
3.66
N/A
N/A
21.53
N/A
N/A
Number Of Shares Shorted
N/A
N/A
N/A
N/A
4.29 K
N/A
N/A
1.13 M
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
289.18 M
N/A
51.52 B
686.96 M
355.28 M
35.17 M
468.87 M
2.6 B
N/A
19.36 M
Last Dividend Paid
0.03
N/A
N/A
0.06
0.73
N/A
0.39
N/A
N/A
N/A
Debt To Equity
N/A
N/A
0.43
N/A
0.69
N/A
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
0.7
N/A
N/A
3.73
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
88.17
N/A
N/A
Shares Owned By Institutions
N/A
N/A
N/A
N/A
N/A
N/A
N/A
81.67
N/A
N/A
Market Capitalization
N/A
N/A
4.35 B
N/A
N/A
N/A
N/A
3.9 B
87.66 K
N/A
Price To Earning
N/A
N/A
12.21
N/A
26.83
N/A
N/A
N/A
N/A
N/A
Price To Earnings To Growth
N/A
N/A
0.28
N/A
N/A
N/A
N/A
0.92
N/A
N/A
Price To Sales
N/A
N/A
0.2
N/A
N/A
N/A
N/A
1.63
N/A
N/A
Net Income
N/A
N/A
456 M
N/A
5.2 M
N/A
N/A
182.9 M
N/A
N/A
Earnings Per Share
N/A
N/A
0.25
N/A
1.17
N/A
N/A
3.12
N/A
N/A
Shares Owned By Insiders
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.6
N/A
N/A
Year To Date Return
5.94
N/A
N/A
2.29
N/A
N/A
N/A
N/A
N/A
N/A
Revenue
N/A
N/A
16.03 B
N/A
393.49 M
N/A
N/A
2.83 B
N/A
N/A
Ten Year Return
2.33
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
566.27 M
N/A
N/A
Cash And Equivalents
N/A
N/A
3.52 B
N/A
51.31 M
N/A
N/A
10.09 M
N/A
N/A
Cash Per Share
N/A
N/A
1.97
N/A
3.23
N/A
N/A
N/A
N/A
N/A
Gross Profit
N/A
N/A
(853 M)
N/A
74.67 M
N/A
N/A
N/A
N/A
N/A
Day Typical Price
7.37
80.32
2.64
12.5
23.29
48.96
50.61
68.64
1.09
42.49
Accumulation Distribution
N/A
N/A
N/A
N/A
0.0128
2.0E-4
0.0118
0.0353
0.11
N/A
Market Facilitation Index
N/A
N/A
N/A
N/A
0.3
0.01
0.6
2.46
0.13
N/A
Daily Balance Of Power
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
0.8333
2.0
(0.07)
0.061
0.6154
9.2 T
Period Momentum Indicator
0.14
(0.01)
(0.13)
(0.22)
0.25
0.02
(0.04)
0.15
0.08
0.43
Rate Of Daily Change
1.02
1.0
0.95
0.98
1.01
1.0
1.0
1.0
1.08
1.01
Day Median Price
7.37
80.32
2.64
12.5
23.25
48.96
50.59
68.4
1.09
42.49
Price Action Indicator
0.07
(0.01)
(0.07)
(0.11)
0.25
0.015
0.04
0.8
0.055
0.21
Coefficient Of Variation
8312.42
3832.45
(3,622)
10026.5
642.28
854.22
3347.04
(3,852)
2265.45
1517.86
Mean Deviation
0.3153
0.4583
2.13
0.9855
1.46
0.1106
0.4806
1.35
2.93
0.8607
Jensen Alpha
(0.0005)
(0)
(0.12)
(0.04)
0.3223
0.0073
(0.01)
(0.10)
0.186
0.0495
Total Risk Alpha
(0.02)
(0.02)
(0.22)
(0.05)
0.2679
0.0023
(0.02)
(0.14)
(0)
0.0155
Sortino Ratio
(0.08)
(0.04)
N/A
(0.02)
0.1366
(0.11)
(0.03)
N/A
0.0297
0.0265
Downside Variance
0.195
0.4543
N/A
1.62
6.34
0.0324
0.4621
N/A
29.23
1.58
Standard Deviation
0.4115
0.6166
2.99
1.21
2.46
0.1661
0.6158
1.82
4.53
1.11
Kurtosis
(0.02)
0.5282
1.95
(0.24)
7.67
6.35
0.4552
0.8376
4.48
0.5396
Potential Upside
0.6916
0.9982
4.44
2.0
3.96
0.1863
0.8118
2.92
7.08
1.64
Treynor Ratio
0.0332
0.0168
(0.1)
0.0014
0.2165
0.1282
0.0108
(0.04)
1.36
0.1379
Maximum Drawdown
1.64
2.67
17.2
5.26
15.71
1.29
2.86
9.23
30.99
5.33
Variance
0.1694
0.3802
8.94
1.46
6.08
0.0276
0.3792
3.31
20.56
1.23
Market Risk Adjusted Performance
0.0432
0.0268
(0.09)
0.0114
0.2265
0.1382
0.0208
(0.03)
1.37
0.1479
Risk Adjusted Performance
0.0015
0.0168
(0.01)
0.0112
0.1151
0.0494
0.0195
(0.01)
0.0391
0.0494
Skewness
0.2567
(0.20)
0.2326
(0.1)
0.3413
0.1681
(0.02)
(0.55)
0.4041
(0.34)
Semi Deviation
0.3582
0.6383
N/A
1.25
2.06
0.0818
0.6531
N/A
4.29
1.14
Information Ratio
(0.08)
(0.04)
(0.04)
(0.02)
0.1396
(0.12)
(0.03)
(0.05)
0.0354
0.0301
Value At Risk
(0.67)
(1.17)
(4.72)
(1.87)
(2.60)
(0.23)
(1.08)
(3.45)
(8.00)
(2.11)
Expected Short fall
(0.39)
(0.45)
N/A
(0.97)
(1.55)
(0.12)
(0.45)
N/A
(3.22)
(0.86)
Downside Deviation
0.4416
0.674
N/A
1.27
2.52
0.18
0.6798
N/A
5.41
1.26
Semi Variance
0.1283
0.4074
N/A
1.56
4.23
0.0067
0.4266
N/A
18.4
1.3

Voya Global Competition Performance Charts

Five steps to successful analysis of Voya Global Competition

Voya Global's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Voya Global Bond in relation to its competition. Voya Global's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Voya Global in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Voya Global's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Voya Global Bond, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Voya Global position

In addition to having Voya Global 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.

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Run Automobiles and Trucks Thematic Idea Now

Automobiles and Trucks
Automobiles and Trucks Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 constituents at this time.
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Other Information on Investing in Voya Mutual Fund

Voya Global financial ratios help investors to determine whether Voya Mutual Fund 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.
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Money Flow Index
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