Voya Asia Five Year Return vs. Three Year Return
| IAE Fund | USD 6.31 0.02 0.32% |
For Voya Asia profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Asia to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Asia Pacific utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Asia's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Asia Pacific over time as well as its relative position and ranking within its peers.
Voya |
Voya Asia Pacific Three Year Return vs. Five Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voya Asia's current stock value. Our valuation model uses many indicators to compare Voya Asia value to that of its competitors to determine the firm's financial worth. Voya Asia Pacific is currently considered the top fund in five year return among similar funds. It is rated second overall fund in three year return among similar funds reporting about 0.47 of Three Year Return per Five Year Return. The ratio of Five Year Return to Three Year Return for Voya Asia Pacific is roughly 2.12 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Voya Asia 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 Three Year Return vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Voya Asia |
| = | 4.97 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Voya Asia |
| = | 2.34 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Voya Three Year Return Comparison
Voya Asia is currently under evaluation in three year return among similar funds.
Voya Asia Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Asia, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Asia will eventually generate negative long term returns. The profitability progress is the general direction of Voya Asia's change in net profit over the period of time. It can combine multiple indicators of Voya Asia, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Voya Asia Pacific High Dividend Equity Income Fund is a closed-ended equity mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and NNIP Advisors B.V. It invests in the public equity markets of the Asia Pacific region. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend-paying 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 equity securities. It employs a combination of fundamental and quantitative analysis with a bottom-up stock picking approach, focusing on such factors as liquidity and dividend yield, cash flow strength, capital structure, capital expenditures, and operating margins to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI All Country Asia Pacific ex-Japan Index. It was formerly known as ING Asia Pacific High Dividend Equity Income Fund. Voya Asia Pacific High Dividend Equity Income Fund was formed on January 8, 2007 and is domiciled in the United States.
Voya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voya Asia. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Voya Asia position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Voya Asia's important profitability drivers and their relationship over time.
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| Five Year Return vs Last Dividend Paid |
Use Voya Asia in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Voya Asia position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Voya Asia will appreciate offsetting losses from the drop in the long position's value.Voya Asia Pair Trading
Voya Asia Pacific Pair Trading Analysis
The ability to find closely correlated positions to Voya Asia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Voya Asia when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Voya Asia - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Voya Asia Pacific to buy it.
The correlation of Voya Asia is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Voya Asia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Asia Pacific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Voya Asia can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Voya Asia position
In addition to having Voya Asia in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Broad Sovereign ETFs Thematic Idea Now
Broad Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Sovereign ETFs theme has 14 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Sovereign ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Voya Fund
To fully project Voya Asia's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Asia Pacific at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Voya Asia's income statement, its balance sheet, and the statement of cash flows.
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