Indexiq Etf Profile
IndexIQ is trading at 23.95 as of the 26th of November 2024, a No Change since the beginning of the trading day. The etf's open price was 23.95. Equity ratings for IndexIQ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of December 2022 and ending today, the 26th of November 2024. Click here to learn more.
IndexIQ Etf Highlights
| Old Name | IndexIQ Active ETF Trust -IQ MacKay Multi-Sector Income ETF |
| Business Concentration | Multisector Bond, IndexIQ (View all Sectors) |
| 200 Day M A | 23.5776 |
| Country Name | USA |
| 50 Day M A | 22.8697 |
| Code | MMSB |
| Updated At | 18th of January 2024 |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG018XV86M0 |
| Type | ETF |
IndexIQ [MMSB] is traded in USA and was established 2022-07-25. The fund is listed under Multisector Bond category and is part of IndexIQ family. IndexIQ now have 23.26 M in assets.
Check IndexIQ Probability Of Bankruptcy
IndexIQ Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IndexIQ. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 0.2547 | |||
| Semi Deviation | 0.2847 | |||
| Standard Deviation | 0.3227 | |||
| Variance | 0.1041 |
IndexIQ Against Markets
IndexIQ Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IndexIQ etf to make a market-neutral strategy. Peer analysis of IndexIQ could also be used in its relative valuation, which is a method of valuing IndexIQ by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Check out Correlation Analysis 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 state. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.