Voya Prime Rate Fund Price To Sales
| XPPRX Fund | USD 7.77 0.05 0.65% |
Voya Prime Rate fundamentals help investors to digest information that contributes to Voya Prime's financial success or failures. It also enables traders to predict the movement of Voya Mutual Fund. The fundamental analysis module provides a way to measure Voya Prime'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 Prime mutual fund.
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Voya Prime Rate Mutual Fund Price To Sales Analysis
Voya Prime's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Based on the latest financial disclosure, Voya Prime Rate has a Price To Sales of 0.0 times. This is 100.0% lower than that of the Category family and 100.0% lower than that of the Family category. The price to sales for all United States funds is 100.0% higher than that of the company.
Voya Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Voya Prime's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Voya Prime could also be used in its relative valuation, which is a method of valuing Voya Prime by comparing valuation metrics of similar companies.Voya Prime is currently under evaluation in price to sales among similar funds.
Voya Fundamentals
About Voya Prime Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Voya Prime Rate's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Voya Prime using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Voya Prime Rate based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
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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 Mutual Fund
Voya Prime 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 Prime security.
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