Voya Large-cap Price To Earning vs. Ten Year Return
| VGOSX Fund | USD 62.28 0.56 0.91% |
For Voya Large-cap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Large-cap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Large Cap Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Large-cap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Large Cap Growth over time as well as its relative position and ranking within its peers.
Voya |
Voya Large Cap Ten Year Return vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Voya Large-cap's current stock value. Our valuation model uses many indicators to compare Voya Large-cap value to that of its competitors to determine the firm's financial worth. Voya Large Cap Growth is presently regarded as number one fund in price to earning among similar funds. It also is presently regarded as number one fund in ten year return among similar funds reporting about 4.65 of Ten Year Return per Price To Earning. 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-cap's earnings, one of the primary drivers of an investment's value.Voya Ten Year Return 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-cap |
| = | 3.33 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.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Voya Large-cap |
| = | 15.50 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Voya Ten Year Return Comparison
Voya Large is currently under evaluation in ten year return among similar funds.
Voya Large-cap Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Large-cap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Large-cap will eventually generate negative long term returns. The profitability progress is the general direction of Voya Large-cap's change in net profit over the period of time. It can combine multiple indicators of Voya Large-cap, 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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of large-capitalization companies. For this fund, the Sub-Adviser defines large-capitalization companies as companies with market capitalizations that fall within the range of companies within the Russell 1000 Growth Index at the time of purchase. The fund may also invest in derivative instruments, which include, index futures and options to hedge against market risk or to enhance returns. It may also invest up to 25 percent of its assets in foreign securities. The fund is non-diversified.
Voya Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Voya Large-cap. 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-cap 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-cap's important profitability drivers and their relationship over time.
Use Voya Large-cap 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-cap 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-cap will appreciate offsetting losses from the drop in the long position's value.Voya Large-cap Pair Trading
Voya Large Cap Growth Pair Trading Analysis
The ability to find closely correlated positions to Voya Large-cap 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-cap 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-cap - 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 Growth to buy it.
The correlation of Voya Large-cap 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-cap 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-cap 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 Large-cap position
In addition to having Voya Large-cap 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 Railroads Thematic Idea Now
Railroads
Companies involved in manufacturing and maintenance of freight railroads and passenger trains as well as providing railroad services to public. The Railroads theme has 38 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 Railroads Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund
To fully project Voya Large-cap'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-cap's income statement, its balance sheet, and the statement of cash flows.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |