Indexiq Etf Trust Etf Buy Hold or Sell Recommendation
| CLNR Etf | USD 22.94 0.01 0.04% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding IndexIQ ETF Trust is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell IndexIQ ETF Trust given historical horizon and risk tolerance towards IndexIQ ETF. When Macroaxis issues a 'buy' or 'sell' recommendation for IndexIQ ETF Trust, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out IndexIQ ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in IndexIQ Etf, please use our How to Invest in IndexIQ ETF guide. Note, we conduct extensive research on individual funds such as IndexIQ and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards IndexIQ ETF Trust. 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.
IndexIQ |
Execute IndexIQ ETF Buy or Sell Advice
The IndexIQ recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IndexIQ ETF Trust. Macroaxis does not own or have any residual interests in IndexIQ ETF Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IndexIQ ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
IndexIQ ETF Trading Alerts and Improvement Suggestions
| IndexIQ ETF Trust generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: When the Price of Talks, People Listen - Stock Traders Daily | |
| The fund created three year return of -1.0% | |
| IndexIQ ETF Trust holds 100.1% of its assets under management (AUM) in equities |
IndexIQ ETF Returns Distribution Density
The distribution of IndexIQ ETF's historical returns is an attempt to chart the uncertainty of IndexIQ ETF's future price movements. The chart of the probability distribution of IndexIQ ETF daily returns describes the distribution of returns around its average expected value. We use IndexIQ ETF Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IndexIQ ETF returns is essential to provide solid investment advice for IndexIQ ETF.
| Mean Return | -0.03 | Value At Risk | -1.91 | Potential Upside | 1.86 | Standard Deviation | 1.06 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IndexIQ ETF historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IndexIQ ETF Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IndexIQ ETF or IndexIQ sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IndexIQ ETF's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IndexIQ etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 1.06 | |
Ir | Information ratio | -0.15 |
IndexIQ ETF Volatility Alert
IndexIQ ETF Trust exhibits very low volatility with skewness of -0.42 and kurtosis of 0.83. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IndexIQ ETF's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IndexIQ ETF's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.IndexIQ ETF Fundamentals Vs Peers
Comparing IndexIQ ETF's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IndexIQ ETF's direct or indirect competition across all of the common fundamentals between IndexIQ ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as IndexIQ ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of IndexIQ ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing IndexIQ ETF by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IndexIQ ETF to competition |
| Fundamentals | IndexIQ ETF | Peer Average |
| Beta | 1.32 | |
| One Year Return | 10.00 % | (0.97) % |
| Three Year Return | (0.70) % | 3.23 % |
| Net Asset | 4.18 M | 2.29 B |
| Equity Positions Weight | 100.10 % | 52.82 % |
IndexIQ ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IndexIQ . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 22.94 | |||
| Day Typical Price | 22.94 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 39.1 |
About IndexIQ ETF Buy or Sell Advice
When is the right time to buy or sell IndexIQ ETF Trust? Buying financial instruments such as IndexIQ Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out IndexIQ ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in IndexIQ Etf, please use our How to Invest in IndexIQ ETF guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of IndexIQ ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ ETF'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 ETF's market value can be influenced by many factors that don't directly affect IndexIQ ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ ETF'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.