Voya Global Bond Fund Manager Performance Evaluation
| IOSIX Fund | USD 8.18 0.05 0.62% |
The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Global are expected to decrease at a much lower rate. During the bear market, Voya Global is likely to outperform the market.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Voya Global Bond has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Voya Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.6800 |
Voya |
Voya Global Relative Risk vs. Return Landscape
If you would invest 832.00 in Voya Global Bond on August 31, 2024 and sell it today you would lose (19.00) from holding Voya Global Bond or give up 2.28% of portfolio value over 90 days. Voya Global Bond is currently producing negative expected returns and takes up 0.3736% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Voya, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Voya Global Current Valuation
Overvalued
Today
Please note that Voya Global's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Voya Global Bond has a current Real Value of $7.63 per share. The regular price of the fund is $8.18. We determine the value of Voya Global Bond from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Voya Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Mutual Fund. However, Voya Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 8.18 | Real 7.63 | Hype 8.13 |
The intrinsic value of Voya Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Voya Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Voya Global Bond helps investors to forecast how Voya mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Voya Global more accurately as focusing exclusively on Voya Global's fundamentals will not take into account other important factors: 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 mutual funds, such as Voya Global Bond, 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 = -0.0963
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IOSIX |
Estimated Market Risk
| 0.37 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Voya Global is not performing at its full potential. However, 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 Voya Global to a well-diversified portfolio.
Voya Global Fundamentals Growth
Voya Mutual Fund 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 Mutual Fund performance.
| Price To Book | 0.24 X | ||||
| Price To Sales | 0.12 X | ||||
| Total Asset | 124.15 M | ||||
About Voya Global Performance
Evaluating Voya Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of its net assets in bonds of issuers in a number of different countries, which may include the United States. The dollar-weighted average portfolio duration of the Portfolio will generally range between two and nine years.Things to note about Voya Global Bond performance evaluation
Checking the ongoing alerts about Voya Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Voya Global Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Voya Global Bond generated a negative expected return over the last 90 days | |
| Voya Global Bond generated five year return of -2.0% | |
| This fund retains about 48.77% of its assets under management (AUM) in fixed income securities |
- Analyzing Voya Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Voya Global's stock is overvalued or undervalued compared to its peers.
- Examining Voya Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Voya Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Voya Global's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Voya Global's mutual fund. These opinions can provide insight into Voya Global's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Voya Mutual Fund
Voya Global 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 Global security.
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