Iq Global Equity Etf Performance
| WRND Etf | USD 29.29 0.05 0.17% |
The etf owns a Beta (Systematic Risk) of 0.54, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IQ Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ Global is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days IQ Global Equity has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, IQ Global is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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IQ Global Relative Risk vs. Return Landscape
If you would invest 2,938 in IQ Global Equity on August 29, 2024 and sell it today you would lose (9.00) from holding IQ Global Equity or give up 0.31% of portfolio value over 90 days. IQ Global Equity is currently does not generate positive expected returns and assumes 0.89% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than WRND, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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IQ Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IQ Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IQ Global Equity, and traders can use it to determine the average amount a IQ Global'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 = -0.001
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WRND |
Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IQ Global 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 IQ Global by adding IQ Global to a well-diversified portfolio.
IQ Global Fundamentals Growth
WRND Etf prices reflect investors' perceptions of the future prospects and financial health of IQ Global, and IQ Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WRND Etf performance.
| Total Asset | 3.68 M | |||
About IQ Global Performance
By analyzing IQ Global's fundamental ratios, stakeholders can gain valuable insights into IQ Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IQ Global 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 Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 Equity generated a negative expected return over the last 90 days | |
| The fund keeps 99.95% of its net assets in stocks |
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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.