Voya Multi-manager Competition

Mutual Funds . USA . 
Fund . Voya Multi Manager International
NARCX Fund  USD 54.20  0.21  0.39%   
Voya Multi Manager competes with Voya Bond, Voya Bond, Voya Limited, Voya Limited, and Voya Bond; as well as few others. The fund is listed under Foreign Small/Mid Blend category and is part of Voya family. Analyzing Voya Multi-manager 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 Multi-manager to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Voya Multi-manager 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 Multi-manager competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Voya Multi-manager'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
53.3854.2055.02
Details
Intrinsic
Valuation
LowRealHigh
53.7554.5755.39
Details
Naive
Forecast
LowNextHigh
52.5053.3254.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
53.9354.1354.33
Details

Voya Multi-manager Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Voya Multi-manager 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 Multi Manager does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ILBAX
+ 1.0
ILABX
ILUAX
+ 1.0
ILABX
ILUAX
+ 1.0
ILBAX
IMORX
+ 1.0
IMOPX
ILMBX
+ 0.98
ILBPX
IMBAX
+ 0.98
ILBPX
  
High negative correlations   
IMORX
- 0.78
ILUAX
IMOPX
- 0.78
ILUAX
IMORX
- 0.78
ILABX
IMOPX
- 0.78
ILABX
IMORX
- 0.77
ILBAX
IMOPX
- 0.77
ILBAX

Risk-Adjusted Indicators

There is a big difference between Voya Mutual Fund performing well and Voya Multi-manager 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 Multi-manager'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
ILABX  0.22 (0.03) 0.00  0.46  0.00 
 0.00 
 0.44 
(0.66)
 1.54 
ILBAX  0.22 (0.03) 0.00  0.36  0.00 
 0.00 
 0.44 
(0.55)
 1.54 
ILBPX  0.10  0.00 (0.84) 0.01  0.02 
(0.16)
 0.21 
(0.11)
 0.95 
ILMBX  0.09  0.00 (0.85) 0.05  0.04 
(0.17)
 0.21 
(0.11)
 0.94 
ILUAX  0.22 (0.03) 0.00  0.43  0.00 
 0.00 
 0.43 
(0.55)
 1.54 
IMBAX  0.08  0.00 (0.81) 0.08  0.05 
(0.15)
 0.22 
(0.11)
 0.86 
IMCDX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
IMCVX  0.58 (0.01)(0.05) 0.11  0.52 
(0.69)
 1.33 
(0.99)
 3.59 
IMOPX  0.77  0.13  0.13  0.24  0.70 
(0.94)
 1.86 
(1.33)
 4.41 
IMORX  0.77  0.13  0.14  0.24  0.66 
(0.93)
 1.95 
(1.34)
 4.38 
All Fundamental Data

Voya Multi-manager Competitive Analysis

The better you understand Voya Multi-manager competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Voya Multi-manager'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 Multi-manager'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
NARCX ILABX ILBAX ILBPX ILMBX ILUAX IMBAX IMCDX IMCVX IMOPX
 0.39 
 54.20 
Voya
 0.11 
 8.99 
Voya
 0.22 
 9.01 
Voya
 0.11 
 9.47 
Voya
 0.10 
 9.54 
Voya
 0.11 
 8.98 
Voya
 0.11 
 9.28 
Voya
 0.00 
 8.71 
Voya
 1.08 
 11.21 
Voya
 1.81 
 3.93 
Voya
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Insignificant
Weak
Very Weak
Insignificant
Very Weak
OK
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Low
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Sell
Strong Sell
Sell
Sell
Strong Sell
Sell
Hold
Strong Hold
Strong Buy
Net Asset
247.02 M
3.35 B
3.35 B
303.17 M
303.17 M
3.35 B
303.17 M
104.15 M
172.92 M
2.19 B
Price To Book
1.39
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.61
4.48
Five Year Return
5.98
-0.8
-0.56
1.62
1.35
-1.04
1.0
2.54
8.55
11.33
One Year Return
13.35
5.85
5.99
6.62
6.39
6.23
6.02
11.77
23.77
25.25
Last Dividend Paid
0.32
0.02
0.02
0.02
0.02
0.02
0.01
0.04
0.1
N/A
Price To Earning
13.19
N/A
N/A
N/A
N/A
N/A
N/A
N/A
15.69
24.7
Price To Sales
0.67
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.94
2.28
Cash Position Weight
1.59
4.24
11.43
-27.85
2.24
4.24
-27.85
1.36
2.13
3.65
Equity Positions Weight
98.16
N/A
N/A
N/A
N/A
N/A
N/A
N/A
97.87
96.35
Three Year Return
-1.4
-2.83
-2.61
1.41
1.1
-3.03
0.8
0.51
3.74
-0.16
Annual Yield
0.0113
0.0083
0.0089
0.0232
0.0359
0.0068
0.0415
0.0022
0.0087
N/A
Year To Date Return
5.85
1.01
1.13
4.57
4.21
0.66
4.02
6.31
14.65
15.53
Bond Positions Weight
0.07
4.73
87.98
11.86
92.73
4.73
11.86
84.94
N/A
N/A
Ten Year Return
6.02
3.3
3.56
1.76
1.51
3.04
1.16
N/A
N/A
12.4
Day Typical Price
54.2
8.99
9.01
9.47
9.54
8.98
9.28
8.71
11.21
3.93
Daily Balance Of Power
9.2 T
9.2 T
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.0
9.2 T
9.2 T
Period Momentum Indicator
0.21
0.01
(0.02)
(0.01)
(0.01)
0.01
(0.01)
N/A
0.12
0.07
Rate Of Daily Change
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.01
1.02
Day Median Price
54.2
8.99
9.01
9.47
9.54
8.98
9.28
8.71
11.21
3.93
Price Action Indicator
0.11
0.005
(0.01)
(0.01)
(0.01)
0.005
(0.01)
N/A
0.06
0.035
Relative Strength Index
18.03
17.78
24.39
27.89
26.89
24.54
16.41
N/A
7.31
54.88
Coefficient Of Variation
(3,921)
(1,151)
(1,075)
1445.48
1710.91
(1,066)
1885.49
N/A
732.93
391.95
Mean Deviation
0.6248
0.2226
0.224
0.0991
0.0938
0.2215
0.0842
N/A
0.5765
0.7715
Jensen Alpha
(0.09)
(0.03)
(0.03)
0.0049
0.0028
(0.03)
0.0017
N/A
(0.01)
0.1263
Total Risk Alpha
(0.16)
(0.08)
(0.09)
(0.02)
(0.02)
(0.08)
(0.02)
N/A
(0.03)
0.0917
Sortino Ratio
N/A
N/A
N/A
(0.84)
(0.85)
N/A
(0.81)
N/A
(0.05)
0.1319
Downside Variance
N/A
N/A
N/A
0.0206
0.0207
N/A
0.0236
N/A
0.4359
1.05
Standard Deviation
0.8416
0.3024
0.2995
0.1406
0.1378
0.2981
0.1249
N/A
0.7359
1.04
Kurtosis
1.05
0.9878
0.7111
3.6
3.77
0.9886
3.16
N/A
0.9655
0.4147
Potential Upside
1.61
0.4372
0.4376
0.2125
0.2094
0.4348
0.2153
N/A
1.33
1.86
Treynor Ratio
(0.06)
0.4621
0.356
0.0063
0.0492
0.433
0.081
N/A
0.1097
0.2385
Maximum Drawdown
3.86
1.54
1.54
0.9501
0.9425
1.54
0.8598
N/A
3.59
4.41
Variance
0.7083
0.0915
0.0897
0.0198
0.019
0.0889
0.0156
N/A
0.5415
1.09
Market Risk Adjusted Performance
(0.05)
0.4721
0.366
0.0163
0.0592
0.443
0.091
N/A
0.1197
0.2485
Risk Adjusted Performance
(0.02)
(0.08)
(0.09)
0.0085
(0.0008)
(0.09)
(0.01)
N/A
0.1042
0.1983
Skewness
0.2028
(0.26)
(0.09)
0.8569
0.8809
(0.25)
0.2662
N/A
0.5129
0.1426
Semi Deviation
N/A
N/A
N/A
0.0242
0.0352
N/A
0.0496
N/A
0.5162
0.6991
Information Ratio
(0.18)
(0.52)
(0.53)
(0.86)
(0.89)
(0.53)
(0.99)
N/A
(0.04)
0.1296
Value At Risk
(1.17)
(0.66)
(0.55)
(0.11)
(0.11)
(0.55)
(0.11)
N/A
(0.99)
(1.33)
Expected Short fall
N/A
N/A
N/A
(0.16)
(0.17)
N/A
(0.15)
N/A
(0.69)
(0.94)
Downside Deviation
N/A
N/A
N/A
0.1435
0.144
N/A
0.1536
N/A
0.6602
1.02
Semi Variance
N/A
N/A
N/A
6.0E-4
0.0012
N/A
0.0025
N/A
0.2664
0.4887

Voya Multi-manager Competition Performance Charts

Five steps to successful analysis of Voya Multi-manager Competition

Voya Multi-manager'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 Multi Manager in relation to its competition. Voya Multi-manager's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Voya Multi-manager 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 Multi-manager's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Voya Multi Manager, 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 Multi-manager position

In addition to having Voya Multi-manager 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.

Did You Try This Idea?

Run Large Growth Funds Thematic Idea Now

Large Growth Funds
Large Growth Funds Theme
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 43 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 Large Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund

Voya Multi-manager 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 Multi-manager security.
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