Voya Multi Manager Mid Fund Manager Performance Evaluation
| IMCVX Fund | USD 11.30 0.01 0.09% |
The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Voya Multi-manager's returns are expected to increase less than the market. However, during the bear market, the loss of holding Voya Multi-manager is expected to be smaller as well.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Voya Multi Manager Mid are ranked lower than 12 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Voya Multi-manager may actually be approaching a critical reversion point that can send shares even higher in January 2025.
...more| Expense Ratio | 0.7900 |
Voya |
Voya Multi-manager Relative Risk vs. Return Landscape
If you would invest 1,056 in Voya Multi Manager Mid on September 2, 2024 and sell it today you would earn a total of 74.00 from holding Voya Multi Manager Mid or generate 7.01% return on investment over 90 days. Voya Multi Manager Mid is currently producing 0.1083% returns and takes up 0.7079% volatility of returns over 90 trading days. Put another way, 6% of traded mutual funds are less volatile than Voya, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Voya Multi-manager Current Valuation
Fairly Valued
Today
Please note that Voya Multi-manager's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Voya Multi Manager has a current Real Value of $11.19 per share. The regular price of the fund is $11.3. We determine the value of Voya Multi Manager 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 Multi-manager is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Mutual Fund. However, Voya Multi-manager'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 11.3 | Real 11.19 | Hype 11.3 | Naive 11.39 |
The intrinsic value of Voya Multi-manager'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 Multi-manager'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 Multi Manager Mid 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 Multi-manager more accurately as focusing exclusively on Voya Multi-manager's fundamentals will not take into account other important factors: Voya Multi-manager Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voya Multi-manager's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Voya Multi Manager Mid, and traders can use it to determine the average amount a Voya Multi-manager'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 = 0.1531
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | IMCVX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Voya Multi-manager is performing at about 12% 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 Multi-manager by adding it to a well-diversified portfolio.
Voya Multi-manager Fundamentals Growth
Voya Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Voya Multi-manager, and Voya Multi-manager 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.
| Price To Earning | 15.69 X | ||||
| Price To Book | 1.61 X | ||||
| Price To Sales | 0.94 X | ||||
| Total Asset | 177.75 M | ||||
About Voya Multi-manager Performance
Evaluating Voya Multi-manager's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Voya Multi-manager 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 Multi-manager 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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in common stocks of mid-capitalization companies. The sub-advisers define mid-capitalization companies as those companies with market capitalizations that fall within the collective range of companies within the Russell Midcap Index and the SP MidCap 400 Index at the time of purchase. The fund invests primarily in securities of U.S.-based companies, but may also invest in securities of non-U.S. companies, including companies located in countries with emerging securities markets.Things to note about Voya Multi Manager performance evaluation
Checking the ongoing alerts about Voya Multi-manager for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Voya Multi Manager help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains 97.87% of its assets under management (AUM) in equities |
- Analyzing Voya Multi-manager'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 Multi-manager's stock is overvalued or undervalued compared to its peers.
- Examining Voya Multi-manager'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 Multi-manager's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Voya Multi-manager's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Voya Multi-manager's mutual fund. These opinions can provide insight into Voya Multi-manager's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Voya Mutual Fund
Voya Multi-manager 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 Multi-manager security.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |