Indexiq Etf Performance
| ROOF Etf | USD 20.75 0.00 0.00% |
The etf retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IndexIQ are expected to decrease at a much lower rate. During the bear market, IndexIQ is likely to outperform the market.
Risk-Adjusted Performance
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Over the last 90 days IndexIQ has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, IndexIQ is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | -0.26 |
IndexIQ |
IndexIQ Relative Risk vs. Return Landscape
If you would invest 2,129 in IndexIQ on October 9, 2024 and sell it today you would lose (54.50) from holding IndexIQ or give up 2.56% of portfolio value over 90 days. IndexIQ is currently does not generate positive expected returns and assumes 0.8513% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% 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 |
| Risk |
IndexIQ Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IndexIQ's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IndexIQ, and traders can use it to determine the average amount a IndexIQ'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 = -0.0881
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ROOF |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IndexIQ 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 by adding IndexIQ to a well-diversified portfolio.
IndexIQ Fundamentals Growth
IndexIQ Etf prices reflect investors' perceptions of the future prospects and financial health of IndexIQ, and IndexIQ 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.
| Price To Earning | 24.98 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 3.82 X | |||
| Total Asset | 28.61 M | |||
About IndexIQ Performance
By analyzing IndexIQ's fundamental ratios, stakeholders can gain valuable insights into IndexIQ's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IndexIQ 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 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The index is a rules-based, modified capitalization weighted, float adjusted index. IQ US is traded on NYSEARCA Exchange in the United States.| IndexIQ is not yet fully synchronised with the market data | |
| IndexIQ generated a negative expected return over the last 90 days | |
| IndexIQ created five year return of 0.0% | |
| This fund maintains 98.9% of its assets in stocks |
Check out Your Equity Center 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 persons. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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.