Continue to hold IQ Hedge?
 | By Rifka Kats | Macroaxis Story |
In spite of rather sound fundamental drivers, IQ Hedge is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. We found twenty-six available financial indicators for IQ Hedge which can be compared to its peers in the sector. To make sure the equity is not overpriced, please check out all IQ Hedge Event Driven Tracker ETF fundamentals including its Net Income, Number of Employees and the relationship between Price to Sales and Current Ratio . Use IQ Hedge to enhance returns of your portfolios. The etf experiences normal upward fluctuation. Check odds of IQ Hedge to be traded at $22.46 in 30 days.
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Reviewed by Vlad Skutelnik
The firm has Current Ratio of 1.13 demonstrating that it may have difficulties to pay its financial commitments when the payables are due. The entity dividends can provide a clue to current valuation of the etf. IQ Hedge Event one year expected dividend income is about $0.29 per share. The company last dividend was issued on Decemberember 27, 2018.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include IndexIQ income statement, its balance sheet, and the statement of cash flows. Potential IndexIQ investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IndexIQ investors may use each financial statement separately, they are all related. The changes in IndexIQ's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IndexIQ's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of IndexIQ fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of IndexIQ performance into the future periods or doing a reasonable stock valuation. The intrinsic value of IndexIQ shares is the value that is considered the true value of the share. If the intrinsic value of IndexIQ is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares IndexIQ. Please read more on our fundamental analysis page. Watch out for price decline
Please consider monitoring IndexIQ on a daily basis if you are holding a position in it. IndexIQ is trading at a penny-stock level, and the possibility of delisting is much higher compared to other etfs. However, just because the etf is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as IndexIQ stock to be traded above the $1 level to remain listed. If IndexIQ etf price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
What is driving IndexIQ Investor Appetite?
IQ Hedge has beta of 0.0. The returns on MARKET and IQ Hedge are completely uncorrelated. The current investor indifference towards the small price fluctuations of IQ Hedge Event Driven Tracker ETF has created some momentum for investors as it was traded today as low as 21.39 and as high as 21.39 per share. The fund executives did not add any value to IQ Hedge Event investors in June. However, most investors can still diversify their portfolios with IQ Hedge Event Driven Tracker ETF to hedge your portfolio against high-volatility market scenarios. The etf standard deviation of daily returns for 30 days (very short) investing horizon is currently 0.2798. The very small Etf volatility is a good signal to investors with longer term investment horizons. IQ Hedge is trading at 21.39 which is 0.09 percent increase. Today lowest is 21.39. To conclude, our present buy/sell advice on the fund is Strong Sell. IQ Hedge is currently overvalued with very small probability of distress for the next two years.
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