IQ Global Financials
| WRND Etf | USD 30.76 0.15 0.49% |
Net Expense Ratio 0.0018 |
WRND |
The data published in IQ Global's official financial statements typically reflect IQ Global'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 Global's quantitative information. For example, before you start analyzing numbers published by WRND accountants, it's essential to understand IQ Global's liquidity, profitability, and earnings quality within the context of the IndexIQ space in which it operates.
Please note, the presentation of IQ Global'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, IQ Global's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IQ Global's management manipulating its earnings.
IQ Global Etf Summary
IQ Global competes with Vanguard Total, IShares MSCI, IShares MSCI, IShares Global, and IShares MSCI. The underlying index seeks to provide exposure to innovative companies by investing in the equities of companies that have high research and development spending around the world. IQ Global is traded on NASDAQ Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NASDAQ Exchange |
| ISIN | US45409B2557 |
| CUSIP | 45409B255 |
| Region | Global |
| Investment Issuer | New York Life Investments |
| Etf Family | IndexIQ |
| Fund Category | Strategy |
| Portfolio Concentration | Theme |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
WRND Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IQ Global's current stock value. Our valuation model uses many indicators to compare IQ Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IQ Global competition to find correlations between indicators driving IQ Global's intrinsic value. More Info.IQ Global Equity is rated below average in one year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about 242,105 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value IQ Global 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.IQ Global Equity Systematic Risk
IQ Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IQ Global 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on IQ Global Equity correlated with the market. If Beta is less than 0 IQ Global generally moves in the opposite direction as compared to the market. If IQ Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IQ Global Equity is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IQ Global is generally in the same direction as the market. If Beta > 1 IQ Global moves generally in the same direction as, but more than the movement of the benchmark.
About IQ Global Financials
What exactly are IQ Global 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 Global's income statement, its balance sheet, and the statement of cash flows. Potential IQ Global investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IQ Global investors may use each financial statement separately, they are all related. The changes in IQ Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IQ Global'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 Global Thematic Clasifications
IQ Global Equity is part of several thematic ideas from Theme ETFs to Strategy 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 Global February 1, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IQ Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IQ Global Equity. We use our internally-developed statistical techniques to arrive at the intrinsic value of IQ Global Equity based on widely used predictive technical indicators. In general, we focus on analyzing WRND Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IQ Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9319 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.8 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.15 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in IQ Global Equity. 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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
The market value of IQ Global Equity is measured differently than its book value, which is the value of WRND that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Global's value that differs from its market value or its book value, called intrinsic value, which is IQ Global'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 Global's market value can be influenced by many factors that don't directly affect IQ Global'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 Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Global'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.