NYLI Hedge Multi-Strategy Tracker ETF Reaches New 12-Month High Still a Buy?
| QAI Etf | USD 32.54 0.01 0.03% |
Under 56% of IQ Hedge's investor base is looking to short. The current sentiment regarding investing in IQ Hedge Multi Strategy etf implies that many traders are alarmed. IQ Hedge's investing sentiment shows overall attitude of investors towards IQ Hedge Multi Strategy.
QAI |
NYLI Hedge Multi-Strategy Tracker ETF s stock price reached a new 52-week high on Friday . The stock traded as high as 32.18 and last traded at 32.18, with a volume of 7219 shares trading hands. The stock had previously closed at 32.07. NYLI Hedge Multi-Strategy Tracker ETF Stock Up 0.4
Read at thelincolnianonline.com
 |
IQ Hedge Fundamental Analysis
We analyze IQ Hedge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IQ Hedge using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IQ Hedge based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
IQ Hedge is currently under evaluation in price to earning as compared to similar ETFs. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
IQ Hedge Multi Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IQ Hedge etf to make a market-neutral strategy. Peer analysis of IQ Hedge could also be used in its relative valuation, which is a method of valuing IQ Hedge by comparing valuation metrics with similar companies.
Peers
IQ Hedge Related Equities
| FTLS | First Trust | 0.55 | ||||
| MNA | IQ Merger | 0.03 | ||||
| HDG | ProShares Hedge | 0.06 |
Check out IQ Hedge Hype Analysis, IQ Hedge Correlation and IQ Hedge Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of IQ Hedge Multi is measured differently than its book value, which is the value of QAI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Hedge's value that differs from its market value or its book value, called intrinsic value, which is IQ Hedge'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 IQ Hedge's market value can be influenced by many factors that don't directly affect IQ Hedge'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 IQ Hedge's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Hedge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Hedge'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.