Indexiq Etf Trust Etf Statistic Functions Beta

OCEN Etf  USD 21.24  0.16  0.76%   
IndexIQ ETF statistic functions tool provides the execution environment for running the Beta function and other technical functions against IndexIQ ETF. IndexIQ ETF value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. IndexIQ ETF statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on IndexIQ ETF Trust correlated with the market. If Beta is less than 0 IndexIQ ETF generally moves in the opposite direction as compared to the market. If IndexIQ ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IndexIQ ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IndexIQ ETF is generally in the same direction as the market. If Beta > 1 IndexIQ ETF moves generally in the same direction as, but more than the movement of the benchmark.

IndexIQ ETF Technical Analysis Modules

Most technical analysis of IndexIQ ETF help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for IndexIQ from various momentum indicators to cycle indicators. When you analyze IndexIQ charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About IndexIQ ETF Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IndexIQ ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of IndexIQ ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing IndexIQ Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IndexIQ ETF's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of IndexIQ ETF's intrinsic value. In addition to deriving basic predictive indicators for IndexIQ ETF, we also check how macroeconomic factors affect IndexIQ ETF price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IndexIQ ETF's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
20.3821.2322.08
Details
Intrinsic
Valuation
LowRealHigh
20.6621.5122.36
Details
Naive
Forecast
LowNextHigh
20.0520.9121.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.0421.1921.34
Details

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When determining whether IndexIQ ETF Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IndexIQ ETF's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indexiq Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Indexiq Etf Trust Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in IndexIQ ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in IndexIQ Etf, please use our How to Invest in IndexIQ ETF guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of IndexIQ ETF Trust is measured differently than its book value, which is the value of IndexIQ that is recorded on the company's balance sheet. Investors also form their own opinion of IndexIQ ETF's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ ETF'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 IndexIQ ETF's market value can be influenced by many factors that don't directly affect IndexIQ ETF'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 IndexIQ ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ ETF'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.