Voya Capital Allocation Fund Fundamentals
Voya Capital Allocation fundamentals help investors to digest information that contributes to Voya Capital's financial success or failures. It also enables traders to predict the movement of Voya Mutual Fund. The fundamental analysis module provides a way to measure Voya Capital's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Voya Capital mutual fund.
Voya |
Voya Capital Allocation Mutual Fund Three Year Return Analysis
Voya Capital's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Voya Capital Three Year Return | 13.15 % |
Most of Voya Capital's fundamental indicators, such as Three Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Voya Capital Allocation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
CompetitionBased on the latest financial disclosure, Voya Capital Allocation has a Three Year Return of 13.15%. This is much higher than that of the Category family and notably higher than that of the Family category. The three year return for all United States funds is notably lower than that of the firm.
Voya Capital Allocation Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Voya Capital's current stock value. Our valuation model uses many indicators to compare Voya Capital value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voya Capital competition to find correlations between indicators driving Voya Capital's intrinsic value. More Info.Voya Capital Allocation is the top fund in price to earning among similar funds. It is third largest fund in price to book among similar funds fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Voya Capital Allocation is roughly 9.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Voya Capital by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Voya Capital's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Voya Capital's earnings, one of the primary drivers of an investment's value.Voya Three Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Capital's direct or indirect competition against its Three Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Voya Capital could also be used in its relative valuation, which is a method of valuing Voya Capital by comparing valuation metrics of similar companies.Voya Capital is currently under evaluation in three year return among similar funds.
Fund Asset Allocation for Voya Capital
The fund invests 66.45% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (27.78%) , cash (4.9%) and various exotic instruments.Asset allocation divides Voya Capital's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Voya Fundamentals
| Price To Earning | 16.70 X | |||
| Price To Book | 1.83 X | |||
| Price To Sales | 1.34 X | |||
| Total Asset | 137.26 M | |||
| One Year Return | 1.19 % | |||
| Three Year Return | 13.15 % | |||
| Five Year Return | 1.88 % | |||
| Ten Year Return | 3.58 % | |||
| Net Asset | 137.26 M | |||
| Minimum Initial Investment | 250 K | |||
| Last Dividend Paid | 0.15 | |||
| Cash Position Weight | 4.90 % | |||
| Equity Positions Weight | 66.45 % | |||
| Bond Positions Weight | 27.78 % |
Pair Trading with Voya Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Voya Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Voya Capital will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to PulteGroup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PulteGroup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PulteGroup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PulteGroup to buy it.
The correlation of PulteGroup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PulteGroup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PulteGroup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PulteGroup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. 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 price. Note that the Voya Capital Allocation information on this page should be used as a complementary analysis to other Voya Capital'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Voya Mutual Fund
If you are still planning to invest in Voya Capital Allocation check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Voya Capital's history and understand the potential risks before investing.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |