Voya Bond Index Fund Manager Performance Evaluation
| ILBAX Fund | USD 9.01 0.02 0.22% |
The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Voya Bond are expected to decrease at a much lower rate. During the bear market, Voya Bond is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Voya Bond Index has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Voya Bond is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 0.3600 |
Voya |
Voya Bond Relative Risk vs. Return Landscape
If you would invest 920.00 in Voya Bond Index on August 24, 2024 and sell it today you would lose (19.00) from holding Voya Bond Index or give up 2.07% of portfolio value over 90 days. Voya Bond Index is currently producing negative expected returns and takes up 0.3007% volatility of returns over 90 trading days. Put another way, 2% 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 Bond Current Valuation
Overvalued
Today
Please note that Voya Bond's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Voya Bond Index has a current Real Value of $8.55 per share. The regular price of the fund is $9.01. We determine the value of Voya Bond Index 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 Bond is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Mutual Fund. However, Voya Bond'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 9.01 | Real 8.55 | Hype 9.01 | Naive 8.99 |
The intrinsic value of Voya Bond'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 Bond'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 Bond Index 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 Bond more accurately as focusing exclusively on Voya Bond's fundamentals will not take into account other important factors: Voya Bond Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Bond's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Voya Bond Index, and traders can use it to determine the average amount a Voya Bond'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 = -0.1069
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ILBAX |
Estimated Market Risk
| 0.3 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Voya Bond 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 Bond by adding Voya Bond to a well-diversified portfolio.
Voya Bond Fundamentals Growth
Voya Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Voya Bond, and Voya Bond 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.
| Total Asset | 3.3 B | |||
About Voya Bond Performance
Evaluating Voya Bond's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Voya Bond 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 Bond 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 invests at least 80 percent of its net assets in investment-grade debt instruments rated at least A by Moodys Investors Service, Inc., at least A by SP Global Ratings, or are of comparable quality if unrated, which are at the time of purchase, included in the index derivatives whose economic returns are, by design, closely equivalent to the returns of the index or its components and exchange-traded funds that track the index.Things to note about Voya Bond Index performance evaluation
Checking the ongoing alerts about Voya Bond for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Voya Bond Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Voya Bond Index generated a negative expected return over the last 90 days | |
| Voya Bond Index generated five year return of -1.0% | |
| This fund retains about 11.43% of its assets under management (AUM) in cash |
- Analyzing Voya Bond'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 Bond's stock is overvalued or undervalued compared to its peers.
- Examining Voya Bond'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 Bond's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Voya Bond's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Voya Bond's mutual fund. These opinions can provide insight into Voya Bond's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Voya Mutual Fund
Voya Bond 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 Bond security.
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