Indexiq Etf Price on July 24, 2023
CSML Etf | USD 33.76 0.02 0.06% |
If you're considering investing in IndexIQ Etf, it is important to understand the factors that can impact its price. As of today, the current price of IndexIQ stands at 33.76, as last reported on the 25th of November, with the highest price reaching 33.76 and the lowest price hitting 33.69 during the day. We have found thirty technical indicators for IndexIQ, which you can use to evaluate the volatility of the entity. Please check out IndexIQ's Risk Adjusted Performance of 0.0778, market risk adjusted performance of (0.26), and Downside Deviation of 1.1 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
IndexIQ Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average IndexIQ is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IndexIQ by adding IndexIQ to a well-diversified portfolio.
IndexIQ Valuation on July 24, 2023
It is possible to determine the worth of IndexIQ on a given historical date. On July 24, 2023 IndexIQ was worth 33.74 at the beginning of the trading date compared to the closed value of 33.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IndexIQ etf. Still, in general, we apply an absolute valuation method to find IndexIQ's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IndexIQ where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IndexIQ's related companies.
Open | High | Low | Close | Volume | |
33.78 | 33.85 | 33.62 | 33.62 | 3,900 | |
07/24/2023 | 33.74 | 33.76 | 33.69 | 33.76 | 699.00 |
33.74 | 33.76 | 33.69 | 33.76 | 0.00 |
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IndexIQ Trading Date Momentum on July 24, 2023
On November 25 2024 IndexIQ was traded for 33.76 at the closing time. The top price for the day was 33.76 and the lowest listed price was 33.69 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.06% . |
IndexIQ Fundamentals Correlations and Trends
By evaluating IndexIQ's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IndexIQ's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IndexIQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IndexIQ Etf history
IndexIQ investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IndexIQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IndexIQ will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IndexIQ stock prices may prove useful in developing a viable investing in IndexIQ
IndexIQ Etf Technical Analysis
IndexIQ technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
IndexIQ Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
IndexIQ cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IndexIQ November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how IndexIQ etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IndexIQ shares will generate the highest return on investment. By undertsting and applying IndexIQ etf market strength indicators, traders can identify IndexIQ entry and exit signals to maximize returns
IndexIQ Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IndexIQ's price direction in advance. Along with the technical and fundamental analysis of IndexIQ Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IndexIQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0778 | |||
Jensen Alpha | 0.1596 | |||
Total Risk Alpha | (0.09) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.27) |
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Check out Trending Equities 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 population. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.