Indexiq Etf Price on July 18, 2023
MMSB Etf | USD 23.95 0.00 0.00% |
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 23.95, as last reported on the 4th of December, with the highest price reaching 23.95 and the lowest price hitting 23.95 during the day. We have found twenty-five technical indicators for IndexIQ, which you can use to evaluate the volatility of the entity. Please check out IndexIQ's Risk Adjusted Performance of 0.0026, downside deviation of 0.3057, and Market Risk Adjusted Performance of (0.21) 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 18, 2023
It is possible to determine the worth of IndexIQ on a given historical date. On July 18, 2023 IndexIQ was worth 24.01 at the beginning of the trading date compared to the closed value of 24.01. 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 | |
23.98 | 23.98 | 23.95 | 23.95 | 1,086 | |
07/18/2023 | 24.01 | 24.01 | 24.01 | 24.01 | 1.00 |
24.07 | 24.07 | 24.07 | 24.07 | 1.00 |
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IndexIQ Trading Date Momentum on July 18, 2023
On July 19 2023 IndexIQ was traded for 24.07 at the closing time. The top price for the day was 24.07 and the lowest listed price was 24.07 . There was no trading activity during the period 1.0. Lack of trading volume on July 19, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.25% . The trading delta at closing time against the current closing price is 0.25% . |
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
The adviser seeks to achieve the funds investment objective primarily through a flexible multisector investment process that allocates investments across the global fixed-income markets. IQ Mackay is traded on NYSEARCA Exchange in the United States.
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 | December 4, 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 December 4, 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 | 0.0026 | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.35) | |||
Treynor Ratio | (0.22) |
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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 state. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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.