Voya Floating Valuation
| IFRWX Fund | USD 8.15 0.01 0.12% |
At this time, the fund appears to be overvalued. Voya Floating Rate has a current Real Value of $7.48 per share. The regular price of the fund is $8.15. We determine the value of Voya Floating Rate 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.
Overvalued
Today
Please note that Voya Floating's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Voya Floating Rate has a current Real Value of $7.48 per share. The regular price of the fund is $8.15. We determine the value of Voya Floating Rate 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 Floating is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Voya Mutual Fund. However, Voya Floating'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 8.15 | Real 7.48 | Hype 8.15 | Naive 8.17 |
The intrinsic value of Voya Floating'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 Floating'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 Floating Rate 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 Floating more accurately as focusing exclusively on Voya Floating's fundamentals will not take into account other important factors: Voya Floating Total Value Analysis
Voya Floating Rate is currently anticipated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Voya Floating fundamentals before making investing decisions based on enterprise value of the companyVoya Floating Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Voya suggests not a very effective usage of assets in December.About Voya Floating Valuation
Our relative valuation model uses a comparative analysis of Voya Floating. We calculate exposure to Voya Floating's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Voya Floating's related companies.Under normal market conditions, the fund invests at least 80 percent of its net assets in U.S. dollar denominated floating rate loans and other floating rate debt instruments, including floating rate bonds floating rate notes money market instruments with a remaining maturity of 60 days or less floating rate debentures and tranches of floating rate asset-backed securities, including structured notes, made to, or issued by, U.S. and non-U.S. corporations or other business entities .
Other Information on Investing in Voya Mutual Fund
Voya Floating 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 Floating security.
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