IndexIQ Active Valuation
| MMCA Etf | USD 21.52 0.07 0.32% |
At this time, the entity appears to be overvalued. IndexIQ Active ETF retains a regular Real Value of $20.75 per share. The prevalent price of the entity is $21.52. Our model calculates the value of IndexIQ Active ETF from evaluating the entity fundamentals such as bond positions weight of 9.48 %, and Total Asset of 43.7 M as well as inspecting its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that IndexIQ Active's price fluctuation is very steady at this time. Calculation of the real value of IndexIQ Active ETF is based on 3 months time horizon. Increasing IndexIQ Active's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IndexIQ Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IndexIQ Etf. However, IndexIQ Active'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 21.52 | Real 20.75 | Hype 21.52 | Naive 21.43 |
The real value of IndexIQ Etf, also known as its intrinsic value, is the underlying worth of IndexIQ Active ETF ETF, which is reflected in its stock price. It is based on IndexIQ Active's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of IndexIQ Active's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of IndexIQ Active ETF 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 Active more accurately as focusing exclusively on IndexIQ Active's fundamentals will not take into account other important factors: Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates IndexIQ Active's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in IndexIQ Active and how it compares across the competition.
About IndexIQ Active Valuation
The etf valuation mechanism determines IndexIQ Active's current worth on a weekly basis. Our valuation model uses a comparative analysis of IndexIQ Active. We calculate exposure to IndexIQ Active's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IndexIQ Active's related companies.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.
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.