Iq Candriam Esg Etf Book Value Per Share
IQSU Etf | USD 50.34 0.05 0.1% |
IQ Candriam ESG fundamentals help investors to digest information that contributes to IQ Candriam's financial success or failures. It also enables traders to predict the movement of IQSU Etf. The fundamental analysis module provides a way to measure IQ Candriam's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IQ Candriam etf.
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IQ Candriam ESG ETF Book Value Per Share Analysis
IQ Candriam's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
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In accordance with the recently published financial statements, the book value per share of IQ Candriam ESG is about 0.0 times. This indicator is about the same for the IndexIQ average (which is currently at 0.0) family and about the same as Large Blend (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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Fund Asset Allocation for IQ Candriam
The fund invests 99.81% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides IQ Candriam'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.
IQSU Fundamentals
Beta | 1.03 | |||
Total Asset | 349.57 M | |||
One Year Return | 25.20 % | |||
Three Year Return | 8.20 % | |||
Net Asset | 349.57 M | |||
Last Dividend Paid | 0.11 | |||
Equity Positions Weight | 99.81 % |
About IQ Candriam Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IQ Candriam ESG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IQ Candriam using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IQ Candriam ESG 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.
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Check out IQ Candriam Piotroski F Score and IQ Candriam Altman Z Score analysis. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of IQ Candriam ESG is measured differently than its book value, which is the value of IQSU that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Candriam's value that differs from its market value or its book value, called intrinsic value, which is IQ Candriam'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 Candriam's market value can be influenced by many factors that don't directly affect IQ Candriam'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 Candriam's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Candriam is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Candriam'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.