IndexIQ Valuation
| MCRO Etf | USD 3.43 0.06 1.78% |
At this time, the entity appears to be undervalued. IndexIQ retains a regular Real Value of $4.8 per share. The prevalent price of the entity is $3.43. Our model calculates the value of IndexIQ from evaluating the entity fundamentals such as Total Asset of 2.45 M, price to book of 1.32 X, and Price To Earning of 13.45 X as well as inspecting its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that IndexIQ's price fluctuation is very steady at this time. Calculation of the real value of IndexIQ is based on 3 months time horizon. Increasing IndexIQ's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IndexIQ is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IndexIQ Etf. However, IndexIQ's intrinsic value may or may not be the same as its current market price, 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 3.43 | Real 4.8 | Hype 3.43 |
The intrinsic value of IndexIQ'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 IndexIQ'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 IndexIQ helps investors to forecast how IndexIQ 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 IndexIQ more accurately as focusing exclusively on IndexIQ's fundamentals will not take into account other important factors: About IndexIQ Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of IndexIQ. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of IndexIQ based exclusively on its fundamental and basic technical indicators. By analyzing IndexIQ's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of IndexIQ's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of IndexIQ. We calculate exposure to IndexIQ's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IndexIQ's related companies.The fund is a fund of funds which means it invests, under normal circumstances, at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. IQ Hedge is traded on NYSEARCA Exchange in the United States.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of IndexIQ 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's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ'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's market value can be influenced by many factors that don't directly affect IndexIQ'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ'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.