IndexIQ Financials
MRND Etf | USD 23.36 0.00 0.00% |
IndexIQ |
The data published in IndexIQ's official financial statements typically reflect IndexIQ'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 IndexIQ's quantitative information. For example, before you start analyzing numbers published by IndexIQ accountants, it's essential to understand IndexIQ's liquidity, profitability, and earnings quality within the context of the IndexIQ space in which it operates.
Please note, the presentation of IndexIQ's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IndexIQ's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IndexIQ's management manipulating its earnings.
IndexIQ Etf Summary
IndexIQ competes with IShares Small, Invesco ESG, Invesco ESG, and BlackRock Carbon. The underlying index seeks to provide exposure to innovative companies by investing in the equities of U.S. mid cap companies that have high research and development spending. IQ US is traded on NASDAQ Exchange in the United States.IndexIQ Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IndexIQ's current stock value. Our valuation model uses many indicators to compare IndexIQ value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IndexIQ competition to find correlations between indicators driving IndexIQ's intrinsic value. More Info.IndexIQ is rated number one ETF in one year return as compared to similar ETFs. It also is rated number one ETF in net asset as compared to similar ETFs making up about 236,875 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value IndexIQ by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.IndexIQ Market Pulse
Quote | 23.36 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 23.36 |
Low | 23.36 |
High | 23.36 |
Volume | 0 |
Exchange | NASDAQ |
About IndexIQ Financials
What exactly are IndexIQ 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 IndexIQ's income statement, its balance sheet, and the statement of cash flows. Potential IndexIQ investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IndexIQ investors may use each financial statement separately, they are all related. The changes in IndexIQ's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IndexIQ'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.IndexIQ December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IndexIQ help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IndexIQ. We use our internally-developed statistical techniques to arrive at the intrinsic value of IndexIQ based on widely used predictive technical indicators. In general, we focus on analyzing IndexIQ Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IndexIQ's daily price indicators and compare them against related drivers.
Downside Deviation | 1.07 | |||
Information Ratio | 0.0262 | |||
Maximum Drawdown | 3.85 | |||
Value At Risk | (1.85) | |||
Potential Upside | 1.73 |
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 board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.