IndexIQ ETF Trust Price on October 15, 2024
| EQULDelisted Etf | USD 27.12 0.58 2.09% |
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 ETF stands at 27.12, as last reported on the 24th of November, with the highest price reaching 27.12 and the lowest price hitting 27.11 during the day. As of now, IndexIQ Etf is very steady. IndexIQ ETF Trust holds Efficiency (Sharpe) Ratio of 0.0813, which attests that the entity had a 0.0813% return per unit of risk over the last 3 months. We have found thirty technical indicators for IndexIQ ETF Trust, which you can use to evaluate the volatility of the entity. Please check out IndexIQ ETF's Risk Adjusted Performance of 0.0811, market risk adjusted performance of 2.11, and Downside Deviation of 0.7785 to validate if the risk estimate we provide is consistent with the expected return of 0.0599%.
IndexIQ Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IndexIQ |
Sharpe Ratio = 0.0813
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | EQUL | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average IndexIQ ETF is performing at about 6% of its full potential. 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 ETF by adding it to a well-diversified portfolio.
IndexIQ ETF Valuation on October 15, 2024
It is possible to determine the worth of IndexIQ ETF on a given historical date. On October 15, 2024 IndexIQ was worth 27.42 at the beginning of the trading date compared to the closed value of 27.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IndexIQ ETF etf. Still, in general, we apply an absolute valuation method to find IndexIQ ETF'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 ETF where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IndexIQ ETF's related companies.
| Open | High | Low | Close | Volume | |
| 27.45 | 27.45 | 27.45 | 27.45 | 2.00 | |
10/15/2024 | 27.42 | 27.42 | 27.42 | 27.42 | 2.00 |
| 27.56 | 27.56 | 27.56 | 27.56 | 3.00 |
| Backtest IndexIQ ETF | | | IndexIQ ETF History | | | IndexIQ ETF Valuation | Previous | Next |
IndexIQ ETF Trading Date Momentum on October 15, 2024
| On October 16 2024 IndexIQ ETF Trust was traded for 27.56 at the closing time. The top price for the day was 27.56 and the lowest listed price was 27.56 . There was no trading activity during the period 3.0. Lack of trading volume on October 16, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 0.51% . The trading delta at closing time against the current closing price is 3.10% . |
IndexIQ ETF Trust Fundamentals Correlations and Trends
By evaluating IndexIQ ETF'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 ETF'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 Etf history
IndexIQ ETF 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 ETF Trust 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 ETF stock prices may prove useful in developing a viable investing in IndexIQ ETF
The manager employs a passive management or indexing investment approach designed to track the performance of the underlying index, which was developed by Solactive A.G. IQ Engender is traded on NYSEARCA Exchange in the United States.
IndexIQ ETF Etf Technical Analysis
IndexIQ ETF 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, delisted etf market cycles, or different charting patterns.
Price Boundaries
IndexIQ ETF Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
IndexIQ ETF Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 ETF November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how IndexIQ ETF 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 ETF shares will generate the highest return on investment. By undertsting and applying IndexIQ ETF etf market strength indicators, traders can identify IndexIQ ETF Trust entry and exit signals to maximize returns
IndexIQ ETF Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IndexIQ ETF'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 | 0.0811 | |||
| Jensen Alpha | 0.0644 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 2.1 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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 employment. For more information on how to buy IndexIQ Etf please use our How to buy in IndexIQ Etf guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in IndexIQ Etf
If you are still planning to invest in IndexIQ ETF Trust check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IndexIQ ETF's history and understand the potential risks before investing.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |