Voya Global Advantage Etf Performance
| IGA Etf | USD 9.72 0.06 0.61% |
The entity has a beta of 0.0801, which indicates not very significant fluctuations relative to the market. 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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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Voya Global Advantage are ranked lower than 13 (%) 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 April 2025. ...more
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Voya Global Relative Risk vs. Return Landscape
If you would invest 904.00 in Voya Global Advantage on December 22, 2024 and sell it today you would earn a total of 68.00 from holding Voya Global Advantage or generate 7.52% return on investment over 90 days. Voya Global Advantage is generating 0.1214% of daily returns assuming volatility of 0.7002% on return distribution over 90 days investment horizon. In other words, 6% 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 |
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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 = 0.1734
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Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Voya Global is performing at about 13% 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. VOYA Global is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.