IndexIQ Valuation
| CPI Etf | USD 25.76 0.00 0.00% |
At this time, the entity appears to be overvalued. IndexIQ retains a regular Real Value of $25.11 per share. The prevalent price of the entity is $25.76. Our model calculates the value of IndexIQ from evaluating the entity fundamentals such as Beta of 0.83, price to earning of 22.44 X, and Price To Book of 2.48 X as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that IndexIQ's price fluctuation is very steady at this time. Calculation of the real value of IndexIQ is based on 3 months time horizon. Increasing IndexIQ's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IndexIQ is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IndexIQ Etf. However, IndexIQ's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 25.76 | Real 25.11 | Hype 25.76 | Naive 25.98 |
The intrinsic value of IndexIQ's stock can be calculated using various methods such as discounted cash flow or dividend analysis. That value may differ from its market price, which is determined by factors such as investor sentiment, market trends, headlines, and other external factors that may influence IndexIQ's stock price.
Estimating the potential upside or downside of IndexIQ helps investors to forecast how IndexIQ etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IndexIQ more accurately as focusing exclusively on IndexIQ's fundamentals will not take into account other important factors: About IndexIQ Valuation
An absolute valuation paradigm, as applied to IndexIQ Etf, attempts to find the value of IndexIQ based on its fundamental and basic technical indicators. By analyzing IndexIQ's financials, quarterly and monthly indicators, and their related drivers, such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of IndexIQ's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of IndexIQ. We calculate exposure to IndexIQ's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IndexIQ's related companies.The underlying index seeks to provide investors with a hedge against the inflation rate by providing diversified exposure to assets expected to benefit directly or indirectly from increases in the prices of goods and services that have exhibited positive correlation to the CPI over long-term historical periods. IQ Real is traded on NYSEARCA Exchange in the United States.
Check out Trending Equities 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 american community survey. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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.