Iq Global Equity Etf Price on December 4, 2024
| WRND Etf | USD 30.09 0.27 0.89% |
If you're considering investing in WRND Etf, it is important to understand the factors that can impact its price. As of today, the current price of IQ Global stands at 30.09, as last reported on the 12th of December 2024, with the highest price reaching 30.09 and the lowest price hitting 30.09 during the day. At this point, IQ Global is very steady. IQ Global Equity retains Efficiency (Sharpe Ratio) of 0.0808, which attests that the entity had a 0.0808% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for IQ Global, which you can use to evaluate the volatility of the entity. Please check out IQ Global's Standard Deviation of 0.7695, market risk adjusted performance of (0.93), and Semi Deviation of 0.6071 to validate if the risk estimate we provide is consistent with the expected return of 0.0626%.
WRND Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
WRND |
Sharpe Ratio = 0.0808
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Estimated Market Risk
| 0.77 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 IQ Global 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 IQ Global by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 204.8 K |
IQ Global Valuation on December 4, 2024
It is possible to determine the worth of IQ Global on a given historical date. On December 4, 2024 WRND was worth 29.91 at the beginning of the trading date compared to the closed value of 29.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IQ Global etf. Still, in general, we apply an absolute valuation method to find IQ Global'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 IQ Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IQ Global's related companies.
| Open | High | Low | Close | Volume | |
| 29.67 | 29.67 | 29.67 | 29.67 | 100.00 | |
12/04/2024 | 29.91 | 29.91 | 29.91 | 29.91 | 1.00 |
| 29.92 | 29.92 | 29.92 | 29.92 | 1.00 |
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IQ Global Trading Date Momentum on December 4, 2024
| On December 05 2024 IQ Global Equity was traded for 29.92 at the closing time. The top price for the day was 29.92 and the lowest listed price was 29.92 . There was no trading activity during the period 1.0. Lack of trading volume on December 5, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.03% . The trading delta at closing time against the current closing price is 0.60% . |
IQ Global Equity Fundamentals Correlations and Trends
By evaluating IQ Global'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 IQ Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WRND financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IQ Global Etf history
IQ Global 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 WRND is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IQ Global Equity 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 IQ Global stock prices may prove useful in developing a viable investing in IQ Global
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.
IQ Global Etf Technical Analysis
IQ Global 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
IQ Global Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
IQ Global Equity 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.
IQ Global December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how IQ Global etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IQ Global shares will generate the highest return on investment. By undertsting and applying IQ Global etf market strength indicators, traders can identify IQ Global Equity entry and exit signals to maximize returns
IQ Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IQ Global's price direction in advance. Along with the technical and fundamental analysis of WRND Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of WRND 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 | 0.0836 | |||
| Jensen Alpha | 0.0879 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.94) |
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| Volume Indicators |
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.