Indexiq Active Etf Technical Analysis
| MMCA Etf | USD 21.52 0.07 0.32% |
As of the 14th of December 2024, IndexIQ Active retains the Standard Deviation of 0.2255, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of 0.23. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of IndexIQ Active ETF, as well as the relationship between them.
IndexIQ Active Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IndexIQ, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IndexIQIndexIQ |
IndexIQ Active 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.
IndexIQ Active ETF Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of IndexIQ Active ETF volatility. High ATR values indicate high volatility, and low values indicate low volatility.
IndexIQ Active ETF Trend Analysis
Use this graph to draw trend lines for IndexIQ Active ETF. You can use it to identify possible trend reversals for IndexIQ Active as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual IndexIQ Active price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IndexIQ Active Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IndexIQ Active ETF applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means IndexIQ Active ETF will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted IndexIQ Active price change compared to its average price change.About IndexIQ Active Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of IndexIQ Active ETF on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of IndexIQ Active ETF based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on IndexIQ Active ETF price pattern first instead of the macroeconomic environment surrounding IndexIQ Active ETF. By analyzing IndexIQ Active's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of IndexIQ Active's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to IndexIQ Active specific price patterns or momentum indicators. Please read more on our technical analysis page.
IndexIQ Active December 14, 2024 Technical Indicators
Most technical analysis of IndexIQ help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IndexIQ from various momentum indicators to cycle indicators. When you analyze IndexIQ charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.23 | |||
| Mean Deviation | 0.1436 | |||
| Coefficient Of Variation | (5,685) | |||
| Standard Deviation | 0.2255 | |||
| Variance | 0.0509 | |||
| Information Ratio | (0.46) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.22 | |||
| Maximum Drawdown | 1.26 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.2821 | |||
| Skewness | (1.17) | |||
| Kurtosis | 5.16 |
IndexIQ Active December 14, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as IndexIQ stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.65 | ||
| Daily Balance Of Power | (7.00) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 21.52 | ||
| Day Typical Price | 21.52 | ||
| Price Action Indicator | (0.03) |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.