IndexIQ ETF Valuation
| OCEN Etf | USD 21.24 0.16 0.76% |
At this time, the entity appears to be fairly valued. IndexIQ ETF Trust retains a regular Real Value of $21.51 per share. The prevalent price of the entity is $21.24. Our model calculates the value of IndexIQ ETF Trust from evaluating the entity fundamentals such as Net Asset of 4.21 M, beta of 1.26, and Total Asset of 4.21 M as well as inspecting its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that IndexIQ ETF's price fluctuation is very steady at this time. Calculation of the real value of IndexIQ ETF Trust is based on 3 months time horizon. Increasing IndexIQ ETF's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IndexIQ ETF is currently traded on the exchange, buyers and sellers on that exchange determine the market value of IndexIQ Etf. However, IndexIQ ETF'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 21.24 | Real 21.51 | Hype 21.23 | Naive 20.91 |
The intrinsic value of IndexIQ ETF'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 ETF'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 ETF Trust 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 ETF more accurately as focusing exclusively on IndexIQ ETF's fundamentals will not take into account other important factors: About IndexIQ ETF Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of IndexIQ ETF Trust. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of IndexIQ ETF Trust based exclusively on its fundamental and basic technical indicators. By analyzing IndexIQ ETF's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of IndexIQ ETF's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of IndexIQ ETF. We calculate exposure to IndexIQ ETF's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IndexIQ ETF's related companies. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.