Voya Asia Beta vs. Annual Yield

IAE Fund  USD 6.37  0.01  0.16%   
Based on the key profitability measurements obtained from Voya Asia's financial statements, Voya Asia Pacific may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in August. Profitability indicators assess Voya Asia's ability to earn profits and add value for shareholders.
For Voya Asia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Asia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Asia Pacific utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Asia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Asia Pacific over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Voya Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Asia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Voya Asia Pacific Annual Yield vs. Beta Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Voya Asia's current stock value. Our valuation model uses many indicators to compare Voya Asia value to that of its competitors to determine the firm's financial worth.
Voya Asia Pacific is rated below average in beta among similar funds. It is rated below average in annual yield among similar funds fabricating about  0.03  of Annual Yield per Beta. The ratio of Beta to Annual Yield for Voya Asia Pacific is roughly  36.46 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Voya Asia by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Voya Annual Yield vs. Beta

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Voya Asia

Beta

 = 

Covariance

Variance

 = 
0.66
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.

Voya Asia

Yield

 = 

Income from Security

Current Share Price

 = 
0.02 %
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.

Voya Annual Yield Comparison

Voya Asia is currently under evaluation in annual yield among similar funds.

Beta Analysis

As returns on the market increase, Voya Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Asia is expected to be smaller as well.

Voya Asia Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Asia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Asia will eventually generate negative long term returns. The profitability progress is the general direction of Voya Asia's change in net profit over the period of time. It can combine multiple indicators of Voya Asia, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. Voya Asia Pacific High Dividend Equity Income Fund was formed on January 8, 2007 and is domiciled in the United States. VOYA Asia operates under Asset Management classification in the United States and is traded on New York Stock Exchange.

Voya Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Voya Asia. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Voya Asia position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Voya Asia's important profitability drivers and their relationship over time.

Use Voya Asia in pair-trading

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 Asia 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 Asia will appreciate offsetting losses from the drop in the long position's value.

Voya Asia Pair Trading

Voya Asia Pacific Pair Trading Analysis

The ability to find closely correlated positions to Voya Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voya Asia 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 Voya Asia - 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 Voya Asia Pacific to buy it.
The correlation of Voya Asia 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 Voya Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Asia Pacific 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 Voya Asia 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Voya Asia position

In addition to having Voya Asia 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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Small Value Funds
Small Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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Other Information on Investing in Voya Fund

To fully project Voya Asia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Asia Pacific at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Voya Asia's income statement, its balance sheet, and the statement of cash flows.
Potential Voya Asia investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Voya Asia investors may work on each financial statement separately, they are all related. The changes in Voya Asia's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Voya Asia's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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