Voya Global Advantage Etf Performance
| IGA Etf | USD 9.72 0.08 0.83% |
The entity has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Global is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Voya Global Advantage are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite somewhat inconsistent technical and fundamental indicators, Voya Global may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
1 | U.S. Open 2024 Iga Swiatek Faces Jessica Pegula In Challenging Quarterfinal | 09/04/2024 |
2 | Acquisition by Zemsky Paul of 1000 shares of Voya Global at 14.82 subject to Rule 16b-3 | 09/13/2024 |
3 | VOYA GLOBAL ADVANTAGE AND PREMIUM OPPORTUNITY FUND VOYA INFRASTRUCTURE, INDUSTRIALS AND MATERIALS FUND ANNOUNCES PAYMENT OF MONTHLY DISTRIBUTION | 09/16/2024 |
4 | Insider Trading | 09/25/2024 |
5 | Voya Global Advantage And Premium Opportunity Fund Q2 2024 Commentary - Seeking Alpha | 09/27/2024 |
6 | Voya Global Advantage and Premium Opportunity Fund to Issue Monthly Dividend of 0.09 | 10/31/2024 |
7 | Voya Global Advantage and Premium Opportunity Fund declares 0.085 dividend | 11/18/2024 |
| Expense Ratio | 0.9700 |
Voya |
Voya Global Relative Risk vs. Return Landscape
If you would invest 912.00 in Voya Global Advantage on August 28, 2024 and sell it today you would earn a total of 60.00 from holding Voya Global Advantage or generate 6.58% return on investment over 90 days. Voya Global Advantage is generating 0.1015% of daily returns assuming volatility of 0.6183% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than Voya, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Voya Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Voya Global Advantage, and traders can use it to determine the average amount a Voya Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1641
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Estimated Market Risk
| 0.62 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Voya Global is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Voya Global by adding it to a well-diversified portfolio.
Voya Global Fundamentals Growth
Voya Etf prices reflect investors' perceptions of the future prospects and financial health of Voya Global, and Voya Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Voya Etf performance.
| Return On Equity | 13.68 | ||||
| Return On Asset | 1.07 | ||||
| Profit Margin | 478.95 % | ||||
| Operating Margin | 61.20 % | ||||
| Current Valuation | 138.49 M | ||||
| Shares Outstanding | 16.38 M | ||||
| Price To Earning | 298.67 X | ||||
| Price To Book | 0.93 X | ||||
| Price To Sales | 29.66 X | ||||
| Revenue | 5.03 M | ||||
| Cash And Equivalents | 733.68 K | ||||
| Cash Per Share | 0.05 X | ||||
| Book Value Per Share | 9.75 X | ||||
| Earnings Per Share | (0.66) X | ||||
| Total Asset | 217.45 M | ||||
| Retained Earnings | (106.37 M) | ||||
About Voya Global Performance
By analyzing Voya Global's fundamental ratios, stakeholders can gain valuable insights into Voya Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Voya Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Voya Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Voya Global Advantage and Premium Opportunity Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC, Voya Investment Management Co. LLC, and NNIP Advisors B.V. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies across all market capitalizations. The fund also invests through index call options on selected indices, equities, andor exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach and a proprietary discounted cash flow valuation model, focusing on such factors as sales, margins, and capital use to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI World Index. It was formerly known as ING Global Advantage and Premium Opportunity Fund. Voya Global Advantage and Premium Opportunity Fund was formed on July 7, 2005 and is domiciled in the United States.| Latest headline from seekingalpha.com: Voya Global Advantage and Premium Opportunity Fund declares 0.085 dividend |
Other Information on Investing in Voya Etf
Voya Global financial ratios help investors to determine whether Voya Etf 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.