IndexIQ Active is trading at 21.40 as of the 12th of June 2024, a 0.09 percent increase since the beginning of the trading day. The etf's open price was 21.38. IndexIQ Active has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for IndexIQ Active ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of May 2024 and ending today, the 12th of June 2024. Click here to learn more.
The fund, under normal circumstances, invests at least 80 percent of its assets in municipal bonds, whose interest is, in the opinion of bond counsel for the issuers at the time of issuance, exempt from federal and California income taxes. IQ Mackay is traded on NYSEARCA Exchange in the United States.. More on IndexIQ Active ETF
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IndexIQ Active market risk premium is the additional return an investor will receive from holding IndexIQ Active long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IndexIQ Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although IndexIQ Active's alpha and beta are two of the key measurements used to evaluate IndexIQ Active's performance over the market, the standard measures of volatility play an important role as well.
Additional Information and Resources on Investing in IndexIQ Etf
When determining whether IndexIQ Active ETF is a strong investment it is important to analyze IndexIQ Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IndexIQ Active's future performance. For an informed investment choice regarding IndexIQ Etf, refer to the following important reports:
Check out Correlation 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 main economic indicators.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.