Voya Infrastructure Industrials Etf Fundamentals
| IDE Etf | USD 10.46 0.05 0.48% |
Voya Infrastructure Industrials fundamentals help investors to digest information that contributes to Voya Infrastructure's financial success or failures. It also enables traders to predict the movement of Voya Etf. The fundamental analysis module provides a way to measure Voya Infrastructure's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Voya Infrastructure etf.
Voya |
Voya Infrastructure Industrials ETF Price To Earning Analysis
Voya Infrastructure's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Voya Infrastructure Price To Earning | 8.15 X |
Most of Voya Infrastructure's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Voya Infrastructure Industrials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Based on the latest financial disclosure, Voya Infrastructure Industrials has a Price To Earning of 8.15 times. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The price to earning for all United States etfs is notably lower than that of the firm.
Voya Infrastructure Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Voya Infrastructure's current stock value. Our valuation model uses many indicators to compare Voya Infrastructure value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Voya Infrastructure competition to find correlations between indicators driving Voya Infrastructure's intrinsic value. More Info.Voya Infrastructure Industrials is rated fourth overall ETF in price to earning as compared to similar ETFs. It is considered the top ETF in beta as compared to similar ETFs totaling about 0.14 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Voya Infrastructure Industrials is roughly 7.09 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Voya Infrastructure 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 Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Infrastructure's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Voya Infrastructure could also be used in its relative valuation, which is a method of valuing Voya Infrastructure by comparing valuation metrics of similar companies.Voya Infrastructure is currently under evaluation in price to earning as compared to similar ETFs.
Voya Fundamentals
| Shares Outstanding | 16.51 M | ||||
| Shares Owned By Institutions | 27.21 % | ||||
| Number Of Shares Shorted | 18.08 K | ||||
| Price To Earning | 8.15 X | ||||
| Short Ratio | 0.32 X | ||||
| Earnings Per Share | 1.15 X | ||||
| Number Of Employees | 26 | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 205.28 M | ||||
| Annual Yield | 0.02 % | ||||
| Year To Date Return | 3.28 % | ||||
| One Year Return | 13.42 % | ||||
| Three Year Return | 6.35 % | ||||
| Five Year Return | 6.30 % | ||||
| Last Dividend Paid | 0.92 |
About Voya Infrastructure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Infrastructure Industrials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Infrastructure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Infrastructure Industrials based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Voya Infrastructure, Industrials and Materials Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co. LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the infrastructure, industrials, and materials sectors. It primarily invests in value stocks of companies. The fund also invests through derivatives having economic characteristics similar to the equity securities, such as call options on selected indices andor exchange-traded funds. It employs fundamental analysis with a bottom-up stock picking approach, focusing on factors like growth prospects, resilient earnings potential across market cycles, disciplined capital allocation management, and a strong competitive position to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country World Index. It was formerly known as ING Infrastructure, Industrials and Materials Fund. Voya Infrastructure, Industrials and Materials Fund was formed on January 26, 2010 and is domiciled in the United States.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Voya Etf
Voya Infrastructure 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 Infrastructure security.