Voya Midcap Year To Date Return vs. Cash Position Weight

IMOPX Fund  USD 3.81  0.07  1.87%   
Considering Voya Midcap's profitability and operating efficiency indicators, Voya Midcap Opportunities may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Voya Midcap's ability to earn profits and add value for shareholders.
For Voya Midcap profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Voya Midcap to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Voya Midcap Opportunities utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Voya Midcap's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Voya Midcap Opportunities 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 Midcap's value and its price as these two are different measures arrived at by different means. Investors typically determine if Voya Midcap is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Voya Midcap'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 Midcap Opportunities Cash Position Weight vs. Year To Date Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Voya Midcap's current stock value. Our valuation model uses many indicators to compare Voya Midcap value to that of its competitors to determine the firm's financial worth.
Voya Midcap Opportunities is rated second overall fund in year to date return among similar funds. It also is rated second overall fund in cash position weight among similar funds creating about  0.16  of Cash Position Weight per Year To Date Return. The ratio of Year To Date Return to Cash Position Weight for Voya Midcap Opportunities is roughly  6.13 . 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 Midcap's earnings, one of the primary drivers of an investment's value.

Voya Cash Position Weight vs. Year To Date Return

Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.

Voya Midcap

YTD Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
22.36 %
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.

Voya Midcap

Cash Percentage

 = 

% of Cash

in the fund

 = 
3.65 %
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.

Voya Cash Position Weight Comparison

Voya Midcap is currently considered the top fund in cash position weight among similar funds.

Voya Midcap Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Voya Midcap, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Voya Midcap will eventually generate negative long term returns. The profitability progress is the general direction of Voya Midcap's change in net profit over the period of time. It can combine multiple indicators of Voya Midcap, 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 Portfolio invests at least 80 percent of its net assets in common stock of mid-sized U.S. companies. It normally invests in companies that the sub-adviser believes have above average prospects for growth. For this Portfolio, the Sub-Adviser defines mid-sized companies as those companies with market capitalizations that fall within the range of companies in the Russell Midcap Growth Index at the time of purchase. The Portfolio may invest in real estate-related securities including real estate investment trusts.

Voya Profitability Driver Comparison

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

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

Voya Midcap Pair Trading

Voya Midcap Opportunities Pair Trading Analysis

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

In addition to having Voya Midcap 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 Gambling Thematic Idea Now

Gambling
Gambling Theme
Companies that are related to providing gambling services across multiple geographical areas by investing, exploring, or producing software, hardware, and related infrastructure for running gambling operations or trading speculative assets. The Gambling 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 Gambling Theme or any other thematic opportunities.
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Other Information on Investing in Voya Mutual Fund

To fully project Voya Midcap's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Voya Midcap Opportunities 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 Midcap's income statement, its balance sheet, and the statement of cash flows.
Potential Voya Midcap investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Voya Midcap investors may work on each financial statement separately, they are all related. The changes in Voya Midcap's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Voya Midcap'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.
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