Iq Healthy Hearts Etf Current Valuation
| HART Etf | USD 32.02 0.15 0.47% |
Valuation analysis of IQ Healthy Hearts helps investors to measure IQ Healthy's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
Please note that IQ Healthy's price fluctuation is very steady at this time. Calculation of the real value of IQ Healthy Hearts is based on 3 months time horizon. Increasing IQ Healthy's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
IQ Healthy's intrinsic value may or may not be the same as its current market price of 32.02, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 32.02 | Real 32.04 | Hype 32.03 | Naive 32.41 |
The intrinsic value of IQ Healthy's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence IQ Healthy's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of IQ Healthy Hearts helps investors to forecast how HART etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IQ Healthy more accurately as focusing exclusively on IQ Healthy's fundamentals will not take into account other important factors: IQ Healthy Hearts ETF Current Valuation Analysis
IQ Healthy's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current IQ Healthy Current Valuation | 14 M |
Most of IQ Healthy's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IQ Healthy Hearts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, IQ Healthy Hearts has a Current Valuation of 14 M. This is much higher than that of the IndexIQ family and significantly higher than that of the Health category. The current valuation for all United States etfs is notably lower than that of the firm.
HART Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IQ Healthy's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IQ Healthy could also be used in its relative valuation, which is a method of valuing IQ Healthy by comparing valuation metrics of similar companies.IQ Healthy is currently under evaluation in current valuation as compared to similar ETFs.
Fund Asset Allocation for IQ Healthy
The fund invests 100.1% of asset under management in tradable equity instruments, with the rest of investments concentrated in .Asset allocation divides IQ Healthy's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
HART Fundamentals
| Return On Asset | -66.46 | |||
| Profit Margin | (1.74) % | |||
| Current Valuation | 14 M | |||
| Shares Outstanding | 14.1 M | |||
| Shares Owned By Insiders | 12.06 % | |||
| Shares Owned By Institutions | 22.00 % | |||
| Number Of Shares Shorted | 1.25 M | |||
| Price To Book | 2.41 X | |||
| Price To Sales | 134.52 X | |||
| Revenue | 155 K | |||
| Gross Profit | 45 K | |||
| Net Income | (12.26 M) | |||
| Cash And Equivalents | 8.2 M | |||
| Cash Per Share | 0.61 X | |||
| Current Ratio | 25.63 X | |||
| Cash Flow From Operations | (7.88 M) | |||
| Earnings Per Share | (1.26) X | |||
| Number Of Employees | 24 | |||
| Beta | 0.74 | |||
| Market Capitalization | 23.27 M | |||
| Total Asset | 7.19 M | |||
| Retained Earnings | (22.45 M) | |||
| Current Asset | 8.48 M | |||
| Current Liabilities | 331 K | |||
| One Year Return | 15.20 % | |||
| Three Year Return | 6.40 % | |||
| Net Asset | 7.19 M | |||
| Equity Positions Weight | 100.10 % |
About IQ Healthy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IQ Healthy Hearts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IQ Healthy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IQ Healthy Hearts based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out IQ Healthy Piotroski F Score and IQ Healthy Altman Z Score analysis. You can also try the Stocks Directory module to find actively traded stocks across global markets.
The market value of IQ Healthy Hearts is measured differently than its book value, which is the value of HART that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Healthy's value that differs from its market value or its book value, called intrinsic value, which is IQ Healthy'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 Healthy's market value can be influenced by many factors that don't directly affect IQ Healthy'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 Healthy's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Healthy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Healthy'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.