IndexIQ Financials
CSML Etf | USD 33.76 0.02 0.06% |
IndexIQ |
The data published in IndexIQ's official financial statements typically reflect IndexIQ's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IndexIQ's quantitative information. For example, before you start analyzing numbers published by IndexIQ accountants, it's essential to understand IndexIQ's liquidity, profitability, and earnings quality within the context of the IndexIQ space in which it operates.
IndexIQ Etf Summary
IndexIQ competes with Vanguard Small, IShares Russell, Dimensional Targeted, IShares SP, and SPDR SP. The fund invests at least 80 percent of the value of its assets in securities of small-capitalization U.S. issuers. IQ Chaikin is traded on NASDAQ Exchange in the United States.IndexIQ Key Financial Ratios
IndexIQ Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IndexIQ's current stock value. Our valuation model uses many indicators to compare IndexIQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IndexIQ competition to find correlations between indicators driving IndexIQ's intrinsic value. More Info.IndexIQ is rated below average in beta as compared to similar ETFs. It is rated below average in one year return as compared to similar ETFs reporting about 12.40 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value IndexIQ by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.IndexIQ Market Pulse
Quote | 33.76 |
Change(%) | 0.06 |
Change | 0.02 |
Open | 33.74 |
Low | 33.69 |
High | 33.76 |
Volume | 0 |
Exchange | NASDAQ |
IndexIQ November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IndexIQ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IndexIQ. We use our internally-developed statistical techniques to arrive at the intrinsic value of IndexIQ based on widely used predictive technical indicators. In general, we focus on analyzing IndexIQ Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IndexIQ's daily price indicators and compare them against related drivers.
Downside Deviation | 1.1 | |||
Information Ratio | (0) | |||
Maximum Drawdown | 5.75 | |||
Value At Risk | (1.65) | |||
Potential Upside | 2.34 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of IndexIQ is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IndexIQ's market value can be influenced by many factors that don't directly affect IndexIQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IndexIQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ'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.