Voya Floating Financials

IFRIX Fund  USD 8.12  0.01  0.12%   
You can exercise Voya Floating fundamental data analysis to find out if markets are presently mispricing the entity. We were able to collect and analyze data for thirteen available drivers for Voya Floating Rate, which can be compared to its competition. The fund experiences a normal upward fluctuation. Check odds of Voya Floating to be traded at $8.53 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Voya Floating Fund Summary

Voya Floating competes with Oppenheimer Senior, Floating Rate, Floating Rate, Floating Rate, and Floating Rate. Under normal market conditions, the fund invests at least 80 percent of its net assets in U.S. dollar denominated floating rate loans and other floating rate debt instruments, including floating rate bonds floating rate notes money market instruments with a remaining maturity of 60 days or less floating rate debentures and tranches of floating rate asset-backed securities, including structured notes, made to, or issued by, U.S. and non-U.S. corporations or other business entities .
Specialization
Bank Loan, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS92913L8256
Business AddressVoya Funds Trust
Mutual Fund FamilyVoya
Mutual Fund CategoryBank Loan
BenchmarkDow Jones Industrial
Phone800 992 0180
CurrencyUSD - US Dollar

Voya Floating Key Financial Ratios

Voya Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Voya Floating's current stock value. Our valuation model uses many indicators to compare Voya Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voya Floating competition to find correlations between indicators driving Voya Floating's intrinsic value. More Info.
Voya Floating Rate is currently considered the top fund in annual yield among similar funds. It also is currently considered the top fund in year to date return among similar funds creating about  72.34  of Year To Date Return per Annual Yield. 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 Floating's earnings, one of the primary drivers of an investment's value.

Voya Floating Rate Systematic Risk

Voya Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Voya Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Voya Floating Rate correlated with the market. If Beta is less than 0 Voya Floating generally moves in the opposite direction as compared to the market. If Voya Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Voya Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Voya Floating is generally in the same direction as the market. If Beta > 1 Voya Floating moves generally in the same direction as, but more than the movement of the benchmark.
Voya Floating Rate is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 76.7 Billion. Voya Floating adds roughly 239.11 Million in net asset claiming only tiny portion of funds in Bank Loan category.

Voya Floating November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Voya Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Voya Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Voya Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Voya Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Voya Floating's daily price indicators and compare them against related drivers.

Other Information on Investing in Voya Mutual Fund

Voya Floating 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 Floating security.
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