Iq Mackay Municipal Etf Analysis
| MMIN Etf | USD 24.27 0.02 0.08% |
3 y Volatility 6.58 | 200 Day MA 23.5954 | 1 y Volatility 4.52 | 50 Day MA 24.0413 | Inception Date 2017-10-18 |
IQ MacKay's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. IQ MacKay's financial risk is the risk to IQ MacKay stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that IQ MacKay's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which IQ MacKay is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of IQ MacKay to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, IQ MacKay is said to be less leveraged. If creditors hold a majority of IQ MacKay's assets, the ETF is said to be highly leveraged.
IQ MacKay Municipal is overvalued with Real Value of 22.26 and Hype Value of 24.25. The main objective of IQ MacKay etf analysis is to determine its intrinsic value, which is an estimate of what IQ MacKay Municipal is worth, separate from its market price. There are two main types of MMIN Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of IQ MacKay Municipal. On the other hand, technical analysis, focuses on the price and volume data of MMIN Etf to identify patterns and trends that may indicate its future price movements.
The IQ MacKay etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. MMIN Etf Analysis Notes
IQ MacKay is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 202 constituents with avarage daily trading value of 78.8 K. The fund charges 0.4 percent management fee with a total expences of 0.47 percent of total asset. The fund maintains most of the assets in different exotic instruments. IQ MacKay Municipal last dividend was 0.0398 per share. The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. IQ Mackay is traded on NYSEARCA Exchange in the United States. To find out more about IQ MacKay Municipal contact the company at NA.IQ MacKay Municipal Investment Alerts
| The fund maintains most of the assets in different exotic instruments. |
IQ MacKay Thematic Classifications
In addition to having IQ MacKay etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Municipals ETFsUSA ETFs from Municipals clasification | |
| Investment Grade ETFsUSA ETFs from Investment Grade clasification |
Management Efficiency
IQ MacKay's management efficiency ratios could be used to measure how well IQ MacKay manages its routine affairs as well as how well it operates its assets and liabilities.The operational strategies employed by IQ MacKay management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Returns 3 Y 3.88 | Returns 5 Y 0.57 | Returns 1 Y 5.84 | Total Assets 407 M | Yield 4.39 |
Top IQ MacKay Municipal Etf Constituents
| CONNECTICUT ST SPL TAX OBLIG REV 4% | 1.74% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | 0.92% |
| CENTRAL FLA EXPWY AUTH SR LIENREV 4% | 0.88% |
| MURRAY CITY UTAH HOSP REV 0.03% | 0.78% |
| Fidelity® Inv MM Fds Treasury Only I | 1.56% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.02% | 0.8% |
| WEST CONTRA COSTA CALIF UNI SCH DIST 4% | 0.95999995% |
| PUBLIC FIN AUTH WIS HOSP REV 0.01% | 1.91% |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV 4% | 1.04% |
| MEDFORD ORE HOSP FACS AUTH REV 4% | 0.82% |
Institutional Etf Holders for IQ MacKay
Have you ever been surprised when a price of an equity instrument such as IQ MacKay is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IQ MacKay Municipal backward and forwards among themselves. IQ MacKay's institutional investor refers to the entity that pools money to purchase IQ MacKay's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although IQ MacKay's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses. IQ MacKay Outstanding Bonds
IQ MacKay issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. IQ MacKay Municipal uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MMIN bonds can be classified according to their maturity, which is the date when IQ MacKay Municipal has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
IQ MacKay Predictive Daily Indicators
IQ MacKay intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of IQ MacKay etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
IQ MacKay Forecast Models
IQ MacKay's time-series forecasting models are one of many IQ MacKay's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IQ MacKay's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.IQ MacKay Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the IQ MacKay's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of IQ MacKay, which in turn will lower the firm's financial flexibility.IQ MacKay Corporate Bonds Issued
About MMIN Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how IQ MacKay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling MMIN shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as IQ MacKay. By using and applying MMIN Etf analysis, traders can create a robust methodology for identifying MMIN entry and exit points for their positions.
The fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. IQ Mackay is traded on NYSEARCA Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding IQ MacKay to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
IQ MacKay Municipal's market price often diverges from its book value, the accounting figure shown on MMIN's balance sheet. Smart investors calculate IQ MacKay's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since IQ MacKay's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that IQ MacKay's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether IQ MacKay represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. 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.