Iq Candriam Esg Etf Market Value

IQSU Etf  USD 50.70  0.36  0.72%   
IQ Candriam's market value is the price at which a share of IQ Candriam trades on a public exchange. It measures the collective expectations of IQ Candriam ESG investors about its performance. IQ Candriam is selling for under 50.70 as of the 11th of December 2024; that is 0.72 percent increase since the beginning of the trading day. The etf's last reported lowest price was 50.29.
With this module, you can estimate the performance of a buy and hold strategy of IQ Candriam ESG and determine expected loss or profit from investing in IQ Candriam over a given investment horizon. Check out IQ Candriam Correlation, IQ Candriam Volatility and IQ Candriam Alpha and Beta module to complement your research on IQ Candriam.
Symbol

The market value of IQ Candriam ESG is measured differently than its book value, which is the value of IQSU that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Candriam's value that differs from its market value or its book value, called intrinsic value, which is IQ Candriam'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 Candriam's market value can be influenced by many factors that don't directly affect IQ Candriam'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 Candriam's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Candriam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Candriam'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.

IQ Candriam 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IQ Candriam's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IQ Candriam.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in IQ Candriam on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding IQ Candriam ESG or generate 0.0% return on investment in IQ Candriam over 30 days. IQ Candriam is related to or competes with IQ Candriam, Xtrackers MSCI, Xtrackers, and Nuveen ESG. investment approach designed to track the performance of the underlying index More

IQ Candriam Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IQ Candriam's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess IQ Candriam ESG upside and downside potential and time the market with a certain degree of confidence.

IQ Candriam Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IQ Candriam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IQ Candriam's standard deviation. In reality, there are many statistical measures that can use IQ Candriam historical prices to predict the future IQ Candriam's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IQ Candriam's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
49.6850.3651.04
Details
Intrinsic
Valuation
LowRealHigh
45.3151.9052.58
Details
Naive
Forecast
LowNextHigh
49.5250.2050.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
50.2850.3250.37
Details

IQ Candriam ESG Backtested Returns

Currently, IQ Candriam ESG is very steady. IQ Candriam ESG retains Efficiency (Sharpe Ratio) of 0.19, which attests that the entity had a 0.19% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for IQ Candriam, which you can use to evaluate the volatility of the entity. Please check out IQ Candriam's Semi Deviation of 0.3793, market risk adjusted performance of 0.1933, and Standard Deviation of 0.68 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. The etf owns a Beta (Systematic Risk) of 0.79, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IQ Candriam's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ Candriam is expected to be smaller as well.

Auto-correlation

    
  0.05  

Virtually no predictability

IQ Candriam ESG has virtually no predictability. Overlapping area represents the amount of predictability between IQ Candriam time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IQ Candriam ESG price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current IQ Candriam price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.04

IQ Candriam ESG lagged returns against current returns

Autocorrelation, which is IQ Candriam etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IQ Candriam's etf expected returns. We can calculate the autocorrelation of IQ Candriam returns to help us make a trade decision. For example, suppose you find that IQ Candriam has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

IQ Candriam regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IQ Candriam etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IQ Candriam etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IQ Candriam etf over time.
   Current vs Lagged Prices   
       Timeline  

IQ Candriam Lagged Returns

When evaluating IQ Candriam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IQ Candriam etf have on its future price. IQ Candriam autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IQ Candriam autocorrelation shows the relationship between IQ Candriam etf current value and its past values and can show if there is a momentum factor associated with investing in IQ Candriam ESG.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  
When determining whether IQ Candriam ESG is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IQSU Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iq Candriam Esg Etf. Highlighted below are key reports to facilitate an investment decision about Iq Candriam Esg Etf:
Check out IQ Candriam Correlation, IQ Candriam Volatility and IQ Candriam Alpha and Beta module to complement your research on IQ Candriam.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
IQ Candriam technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
A focus of IQ Candriam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IQ Candriam trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...