Indexiq Active Etf Price on September 26, 2024
| IQRA Etf | 27.43 0.38 1.37% |
If you're considering investing in IndexIQ Etf, it is important to understand the factors that can impact its price. As of today, the current price of IndexIQ Active stands at 27.43, as last reported on the 3rd of December, with the highest price reaching 27.43 and the lowest price hitting 27.43 during the day. At this point, IndexIQ Active is very steady. IndexIQ Active ETF holds Efficiency (Sharpe) Ratio of 0.0264, which attests that the entity had a 0.0264% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for IndexIQ Active ETF, which you can use to evaluate the volatility of the entity. Please check out IndexIQ Active's Downside Deviation of 0.729, market risk adjusted performance of 0.1085, and Risk Adjusted Performance of 0.0372 to validate if the risk estimate we provide is consistent with the expected return of 0.0162%.
IndexIQ Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IndexIQ |
Sharpe Ratio = 0.0264
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| Negative Returns | IQRA |
Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average IndexIQ Active is performing at about 2% of its full potential. 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 IndexIQ Active by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 19.6 K |
IndexIQ Active Valuation on September 26, 2024
It is possible to determine the worth of IndexIQ Active on a given historical date. On September 26, 2024 IndexIQ was worth 28.03 at the beginning of the trading date compared to the closed value of 27.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IndexIQ Active etf. Still, in general, we apply an absolute valuation method to find IndexIQ Active's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IndexIQ Active where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IndexIQ Active's related companies.
| Open | High | Low | Close | Volume | |
| 28.04 | 28.04 | 27.87 | 27.87 | 300.00 | |
09/26/2024 | 28.03 | 28.03 | 27.87 | 27.87 | 300.00 |
| 27.95 | 27.95 | 27.92 | 27.94 | 437.00 |
| Backtest IndexIQ Active | | | IndexIQ Active History | | | IndexIQ Active Valuation | Previous | Next |
IndexIQ Active Trading Date Momentum on September 26, 2024
| On September 27 2024 IndexIQ Active ETF was traded for 27.94 at the closing time. The top price for the day was 27.95 and the lowest listed price was 27.92 . The trading volume for the day was 437. The trading history from September 27, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.25% . The trading delta at closing time against the current closing price is 1.94% . |
About IndexIQ Active Etf history
IndexIQ Active investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IndexIQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IndexIQ Active ETF will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IndexIQ Active stock prices may prove useful in developing a viable investing in IndexIQ Active
IndexIQ Active Etf Technical Analysis
IndexIQ Active technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
IndexIQ Active Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
IndexIQ Active ETF cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IndexIQ Active December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how IndexIQ Active etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IndexIQ Active shares will generate the highest return on investment. By undertsting and applying IndexIQ Active etf market strength indicators, traders can identify IndexIQ Active ETF entry and exit signals to maximize returns
IndexIQ Active Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IndexIQ Active's price direction in advance. Along with the technical and fundamental analysis of IndexIQ Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of IndexIQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0372 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.0985 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IndexIQ Active ETF. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
The market value of IndexIQ Active ETF 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 Active's value that differs from its market value or its book value, called intrinsic value, which is IndexIQ Active'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 Active's market value can be influenced by many factors that don't directly affect IndexIQ Active'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 Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if IndexIQ Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IndexIQ Active'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.