IQ Merger Beta vs. Price To Book
| MNA Etf | USD 32.87 0.01 0.03% |
For IQ Merger profitability analysis, we use financial ratios and fundamental drivers that measure the ability of IQ Merger to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well IQ Merger Arbitrage utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between IQ Merger's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of IQ Merger Arbitrage over time as well as its relative position and ranking within its peers.
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The market value of IQ Merger Arbitrage is measured differently than its book value, which is the value of MNA that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Merger's value that differs from its market value or its book value, called intrinsic value, which is IQ Merger'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 Merger's market value can be influenced by many factors that don't directly affect IQ Merger'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 Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Merger'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 Merger Arbitrage Price To Book vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining IQ Merger's current stock value. Our valuation model uses many indicators to compare IQ Merger value to that of its competitors to determine the firm's financial worth. IQ Merger Arbitrage is regarded fifth largest ETF in beta as compared to similar ETFs. It is regarded fourth largest ETF in price to book as compared to similar ETFs fabricating about 25.90 of Price To Book per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IQ Merger's earnings, one of the primary drivers of an investment's value.MNA Price To Book vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
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| = | 0.1 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
IQ Merger |
| = | 2.59 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
MNA Price To Book Comparison
IQ Merger is regarded third largest ETF in price to book as compared to similar ETFs.
Beta Analysis
As returns on the market increase, IQ Merger's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ Merger is expected to be smaller as well.
IQ Merger Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in IQ Merger, profitability is also one of the essential criteria for including it into their portfolios because, without profit, IQ Merger will eventually generate negative long term returns. The profitability progress is the general direction of IQ Merger's change in net profit over the period of time. It can combine multiple indicators of IQ Merger, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fund invests at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index. IQ Merger is traded on NYSEARCA Exchange in the United States.
MNA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on IQ Merger. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of IQ Merger position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the IQ Merger's important profitability drivers and their relationship over time.
Use IQ Merger in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IQ Merger position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IQ Merger will appreciate offsetting losses from the drop in the long position's value.IQ Merger Pair Trading
IQ Merger Arbitrage Pair Trading Analysis
The ability to find closely correlated positions to IQ Merger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IQ Merger when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IQ Merger - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IQ Merger Arbitrage to buy it.
The correlation of IQ Merger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IQ Merger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IQ Merger Arbitrage moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IQ Merger can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your IQ Merger position
In addition to having IQ Merger in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Check out Correlation Analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
To fully project IQ Merger's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of IQ Merger Arbitrage at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include IQ Merger's income statement, its balance sheet, and the statement of cash flows.