IQ Candriam Financial Statements From 2010 to 2024
| IQSU Etf | USD 50.70 0.36 0.72% |
Check IQ Candriam financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IQ Candriam's main balance sheet or income statement drivers, such as , as well as many indicators such as . IQSU financial statements analysis is a perfect complement when working with IQ Candriam Valuation or Volatility modules.
IQSU |
IQ Candriam ESG ETF Beta Analysis
IQ Candriam's 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.
Current IQ Candriam Beta | 1.03 |
Most of IQ Candriam's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IQ Candriam ESG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
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In accordance with the recently published financial statements, IQ Candriam ESG has a Beta of 1.03. This is much higher than that of the IndexIQ family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About IQ Candriam Financial Statements
IQ Candriam shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although IQ Candriam investors may analyze each financial statement separately, they are all interrelated. The changes in IQ Candriam's assets and liabilities, for example, are also reflected in the revenues and expenses on on IQ Candriam's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
investment approach designed to track the performance of the underlying index. IQ Candriam is traded on NYSEARCA Exchange in the United States.
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Check out the analysis of IQ Candriam Correlation against competitors. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of IQ Candriam ESG is measured differently than its book value, which is the value of IQSU that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Candriam's value that differs from its market value or its book value, called intrinsic value, which is IQ Candriam'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 Candriam's market value can be influenced by many factors that don't directly affect IQ Candriam'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 Candriam's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Candriam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Candriam'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.