IQ MacKay Financials
| IQHI Etf | USD 26.78 0.01 0.04% |
Net Expense Ratio 0.004 |
IQHI |
The data published in IQ MacKay's official financial statements typically reflect IQ MacKay's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IQ MacKay's quantitative information. For example, before you start analyzing numbers published by IQHI accountants, it's essential to understand IQ MacKay's liquidity, profitability, and earnings quality within the context of the High Yield Bond space in which it operates.
IQ MacKay Etf Summary
IQ MacKay competes with First Trust, First Trust, First Trust, First Trust, and First Trust. IQ MacKay is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US45409F7362 |
| CUSIP | 45409F736 |
| Region | Global |
| Investment Issuer | New York Life Investments |
| Fund Category | Broad Debt |
| Portfolio Concentration | High Yield |
| Benchmark | Dow Jones Industrial |
| Currency | USD - US Dollar |
IQ MacKay ESG Systematic Risk
IQ MacKay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IQ MacKay volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on IQ MacKay ESG correlated with the market. If Beta is less than 0 IQ MacKay generally moves in the opposite direction as compared to the market. If IQ MacKay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IQ MacKay ESG is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IQ MacKay is generally in the same direction as the market. If Beta > 1 IQ MacKay moves generally in the same direction as, but more than the movement of the benchmark.
About IQ MacKay Financials
What exactly are IQ MacKay Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IQ MacKay's income statement, its balance sheet, and the statement of cash flows. Potential IQ MacKay investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IQ MacKay investors may use each financial statement separately, they are all related. The changes in IQ MacKay's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IQ MacKay's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.IQ MacKay Thematic Clasifications
IQ MacKay ESG is part of several thematic ideas from High Yield ETFs to Broad Debt ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIQ MacKay November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IQ MacKay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IQ MacKay ESG. We use our internally-developed statistical techniques to arrive at the intrinsic value of IQ MacKay ESG based on widely used predictive technical indicators. In general, we focus on analyzing IQHI Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IQ MacKay's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.141 | |||
| Information Ratio | (0.61) | |||
| Maximum Drawdown | 0.7141 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.3426 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay ESG. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
The market value of IQ MacKay ESG is measured differently than its book value, which is the value of IQHI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ MacKay's value that differs from its market value or its book value, called intrinsic value, which is IQ MacKay'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 MacKay's market value can be influenced by many factors that don't directly affect IQ MacKay'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 MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ MacKay'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.