Iq Mackay Esg Etf Performance
| IQHI Etf | USD 26.91 0.09 0.34% |
The etf owns a Beta (Systematic Risk) of 0.0077, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IQ MacKay's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ MacKay is expected to be smaller as well.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in IQ MacKay ESG are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical indicators, IQ MacKay is not utilizing all of its potentials. The current stock price confusion, may contribute to short-horizon losses for the traders. ...more
1 | How To Trade - Stock Traders Daily | 09/26/2024 |
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IQHI |
IQ MacKay Relative Risk vs. Return Landscape
If you would invest 2,634 in IQ MacKay ESG on September 1, 2024 and sell it today you would earn a total of 57.00 from holding IQ MacKay ESG or generate 2.16% return on investment over 90 days. IQ MacKay ESG is currently generating 0.0341% in daily expected returns and assumes 0.174% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than IQHI, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
IQ MacKay Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IQ MacKay's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IQ MacKay ESG, and traders can use it to determine the average amount a IQ MacKay's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1961
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| Negative Returns | IQHI |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average IQ MacKay is performing at about 15% 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 MacKay by adding it to a well-diversified portfolio.
About IQ MacKay Performance
By evaluating IQ MacKay's fundamental ratios, stakeholders can gain valuable insights into IQ MacKay's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IQ MacKay has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IQ MacKay has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
IQ MacKay is entity of United States. It is traded as Etf on NYSE ARCA exchange.| Latest headline from news.google.com: stock Market News Dow Jones NYSE Nasdaq Stock Exchange News Quotes Press Release - Stock Traders Daily |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay ESG. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. 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 IQ MacKay ESG is measured differently than its book value, which is the value of IQHI that is recorded on the company's balance sheet. Investors also form their own opinion of IQ MacKay's value that differs from its market value or its book value, called intrinsic value, which is IQ MacKay'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 MacKay's market value can be influenced by many factors that don't directly affect IQ MacKay'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 MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ MacKay'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.