Indexiq Etf Current Ratio
IndexIQ fundamentals help investors to digest information that contributes to IndexIQ's financial success or failures. It also enables traders to predict the movement of IndexIQ Etf. The fundamental analysis module provides a way to measure IndexIQ's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IndexIQ etf.
IndexIQ |
IndexIQ Current Ratio Analysis
IndexIQ's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current IndexIQ Current Ratio | 1.15 X |
Most of IndexIQ's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IndexIQ is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
CompetitionIn accordance with the recently published financial statements, IndexIQ has a Current Ratio of 1.15 times. This is much higher than that of the IndexIQ family and significantly higher than that of the Family category. The current ratio for all United States etfs is notably lower than that of the firm.
IndexIQ Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IndexIQ's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of IndexIQ could also be used in its relative valuation, which is a method of valuing IndexIQ by comparing valuation metrics of similar companies.IndexIQ is currently under evaluation in current ratio as compared to similar ETFs.
Fund Asset Allocation for IndexIQ
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks and bonds.Asset allocation divides IndexIQ's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
IndexIQ Fundamentals
Return On Asset | 2.35 | |||
Profit Margin | 35.34 % | |||
Operating Margin | 72.96 % | |||
Shares Outstanding | 523.2 M | |||
Price To Earning | 18.09 X | |||
Price To Book | 4.06 X | |||
Price To Sales | 2.31 X | |||
Revenue | 61.4 M | |||
EBITDA | 42 M | |||
Net Income | 21.7 M | |||
Cash Per Share | 0.02 X | |||
Debt To Equity | 0.41 % | |||
Current Ratio | 1.15 X | |||
Cash Flow From Operations | 15.7 M | |||
Earnings Per Share | 0.07 X | |||
Number Of Employees | 365 | |||
Total Asset | 6.11 M | |||
Current Asset | 47.3 M | |||
Current Liabilities | 41.1 M | |||
One Year Return | (13.26) % | |||
Three Year Return | 0.96 % | |||
Five Year Return | 2.26 % | |||
Net Asset | 6.11 M | |||
Last Dividend Paid | 0.45 | |||
Equity Positions Weight | 6.26 % | |||
Bond Positions Weight | 11.30 % |
About IndexIQ Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze IndexIQ's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IndexIQ using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IndexIQ based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as IndexIQ using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the IndexIQ information on this page should be used as a complementary analysis to other IndexIQ's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for IndexIQ Etf analysis
When running IndexIQ's price analysis, check to measure IndexIQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IndexIQ is operating at the current time. Most of IndexIQ's value examination focuses on studying past and present price action to predict the probability of IndexIQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IndexIQ's price. Additionally, you may evaluate how the addition of IndexIQ to your portfolios can decrease your overall portfolio volatility.
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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.