Indexiq Active Etf Performance
| MMCA Etf | USD 21.52 0.07 0.32% |
The etf retains a Market Volatility (i.e., Beta) of -0.0635, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IndexIQ Active are expected to decrease at a much lower rate. During the bear market, IndexIQ Active is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days IndexIQ Active ETF has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong fundamental indicators, IndexIQ Active is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Trading With Integrated Risk Controls - Stock Traders Daily | 10/07/2024 |
2 | Technical Data - Stock Traders Daily | 11/29/2024 |
IndexIQ |
IndexIQ Active Relative Risk vs. Return Landscape
If you would invest 2,159 in IndexIQ Active ETF on September 16, 2024 and sell it today you would lose (7.00) from holding IndexIQ Active ETF or give up 0.32% of portfolio value over 90 days. IndexIQ Active ETF is currently does not generate positive expected returns and assumes 0.2272% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than IndexIQ, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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IndexIQ Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IndexIQ Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IndexIQ Active ETF, and traders can use it to determine the average amount a IndexIQ Active's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0209
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| Negative Returns | MMCA |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IndexIQ Active is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IndexIQ Active by adding IndexIQ Active to a well-diversified portfolio.
IndexIQ Active Fundamentals Growth
IndexIQ Etf prices reflect investors' perceptions of the future prospects and financial health of IndexIQ Active, and IndexIQ Active fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IndexIQ Etf performance.
| Total Asset | 43.7 M | |||
About IndexIQ Active Performance
By analyzing IndexIQ Active's fundamental ratios, stakeholders can gain valuable insights into IndexIQ Active's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IndexIQ Active has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IndexIQ Active has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. IQ Mackay is traded on NYSEARCA Exchange in the United States.| IndexIQ Active ETF generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Technical Data - Stock Traders Daily | |
| The fund maintains about 9.48% of its assets in bonds |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IndexIQ Active ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
The market value of IndexIQ Active ETF 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 Active's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ Active'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 Active's market value can be influenced by many factors that don't directly affect IndexIQ Active'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 Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ Active'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.