Voya Large Price To Earning vs. Price To Sales

IPESX Fund  USD 6.40  0.04  0.63%   
Based on the measurements of profitability obtained from Voya Large's financial statements, Voya Large Cap may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in December. Profitability indicators assess Voya Large's ability to earn profits and add value for shareholders.
For Voya Large profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Large to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Large Cap utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Large's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Large Cap over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Voya Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Voya Large Cap Price To Sales vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Voya Large's current stock value. Our valuation model uses many indicators to compare Voya Large value to that of its competitors to determine the firm's financial worth.
Voya Large Cap is currently considered the top fund in price to earning among similar funds. It also is currently considered the top fund in price to sales among similar funds fabricating about  0.10  of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Voya Large Cap is roughly  9.97 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Voya Large's earnings, one of the primary drivers of an investment's value.

Voya Price To Sales vs. Price To Earning

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.

Voya Large

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
17.15 X
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.
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.

Voya Large

P/S

 = 

MV Per Share

Revenue Per Share

 = 
1.72 X
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.

Voya Price To Sales Comparison

Voya Large is currently under evaluation in price to sales among similar funds.

Voya Large Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Large, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Large will eventually generate negative long term returns. The profitability progress is the general direction of Voya Large's change in net profit over the period of time. It can combine multiple indicators of Voya Large, 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.
The Portfolio invests at least 80 percent of its net assets in a portfolio of equity securities of dividend-paying, large-capitalization issuers. It will provide shareholders with at least 60 days prior notice of any change in this investment policy. The sub-adviser defines large-capitalization companies as companies with market capitalizations that fall within the collective range of companies within the Russell 1000 Value Index at the time of purchase.

Voya Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Voya Large. 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 Large 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 Large's important profitability drivers and their relationship over time.

Use Voya Large 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 Large 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 Large will appreciate offsetting losses from the drop in the long position's value.

Voya Large Pair Trading

Voya Large Cap Pair Trading Analysis

The ability to find closely correlated positions to Voya Large 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 Large 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 Large - 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 Large Cap to buy it.
The correlation of Voya Large 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 Large moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Voya Large Cap 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 Large 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Voya Large position

In addition to having Voya Large 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 Tech Growth Thematic Idea Now

Tech Growth
Tech Growth Theme
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 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 Tech Growth Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Voya Mutual Fund

To fully project Voya Large's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Large Cap 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 Large's income statement, its balance sheet, and the statement of cash flows.
Potential Voya Large investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Voya Large investors may work on each financial statement separately, they are all related. The changes in Voya Large's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Voya Large's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities