IAE Stock Summary and Trading Ideas (Voya Asia Pacific High Divdend | NYSE:IAE)

The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of high dividend yielding equity securities of Asia Pacific companies. The Fund also seeks to enhance total returns over a market cycle by selling call options on selected Asia Pacific Indices and/or equity securities of Asia Pacific Companies and/or exchange-traded funds.

Voya Asia Pacific High Divdend trades on the NYSE stock market under the symbol IAE.

As of April 18, 2024, IAE stock price climbed to $5.94 with 9,275 million shares trading.

IAE has a beta of 0.93, meaning it tends to be less sensitive to market movements. IAE has a correlation of 0.46 to the broad based SPY ETF.

IAE has a market cap of $66.77 million. This is considered a Micro Cap stock.

In the last 3 years, IAE stock traded as high as $9.74 and as low as $5.31.

IAE stock has underperformed the market in the last year with a return of +3.8%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in IAE shares. However, IAE has outperformed the market in the last 3 month and 2 week periods, returning +6.9% and -3.1%, while SPY returned +6.1% and -3.8%, respectively. This indicates IAE has been having a stronger performance recently.

IAE support price is $5.85 and resistance is $5.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IAE stock will trade within this expected range on the day.