Iq Mackay Municipal Etf Price History
MMIN Etf | USD 24.38 0.02 0.08% |
Below is the normalized historical share price chart for IQ MacKay Municipal extending back to October 18, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IQ MacKay stands at 24.38, as last reported on the 5th of December, with the highest price reaching 24.45 and the lowest price hitting 24.37 during the day.
If you're considering investing in MMIN Etf, it is important to understand the factors that can impact its price. As of now, MMIN Etf is very steady. IQ MacKay Municipal retains Efficiency (Sharpe Ratio) of 0.046, which attests that the entity had a 0.046% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for IQ MacKay, which you can use to evaluate the volatility of the entity. Please check out IQ MacKay's Market Risk Adjusted Performance of 0.3323, semi deviation of 0.2863, and Standard Deviation of 0.3289 to validate if the risk estimate we provide is consistent with the expected return of 0.0149%.
MMIN Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.06 | 200 Day MA 24.2048 | 1 y Volatility 4.54 | 50 Day MA 24.2627 | Inception Date 2017-10-18 |
MMIN |
Sharpe Ratio = 0.046
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Estimated Market Risk
0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average IQ MacKay is performing at about 3% 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 IQ MacKay by adding it to a well-diversified portfolio.
Average Mkt Cap Mil No Data |
IQ MacKay Etf Price History Chart
There are several ways to analyze IQ MacKay Municipal Etf price data. The simplest method is using a basic MMIN candlestick price chart, which shows IQ MacKay price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | October 1, 2024 | 24.44 |
Lowest Price | November 6, 2024 | 23.71 |
IQ MacKay December 5, 2024 Etf Price Synopsis
Various analyses of IQ MacKay's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell MMIN Etf. It can be used to describe the percentage change in the price of IQ MacKay from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of MMIN Etf.IQ MacKay Price Daily Balance Of Power | 0.25 | |
IQ MacKay Price Rate Of Daily Change | 1.00 | |
IQ MacKay Price Action Indicator | (0.02) |
IQ MacKay December 5, 2024 Etf Price Analysis
MMIN Etf Price History Data
The price series of IQ MacKay for the period between Fri, Sep 6, 2024 and Thu, Dec 5, 2024 has a statistical range of 0.73 with a coefficient of variation of 0.64. The daily prices for the period are spread out with arithmetic mean of 24.15. The median price for the last 90 days is 24.18. The company issued dividends to stockholders on 1st of October 2021.Open | High | Low | Close | Volume | ||
12/05/2024 | 24.40 | 24.45 | 24.37 | 24.38 | ||
12/03/2024 | 24.40 | 24.45 | 24.37 | 24.38 | 154,771 | |
12/02/2024 | 24.07 | 24.45 | 24.07 | 24.36 | 53,709 | |
11/29/2024 | 24.38 | 24.39 | 24.34 | 24.37 | 21,621 | |
11/27/2024 | 24.30 | 24.33 | 24.26 | 24.33 | 35,007 | |
11/26/2024 | 24.22 | 24.28 | 24.17 | 24.28 | 36,927 | |
11/25/2024 | 24.24 | 24.26 | 24.21 | 24.21 | 92,720 | |
11/22/2024 | 24.04 | 24.17 | 24.04 | 24.11 | 39,884 | |
11/21/2024 | 23.93 | 24.16 | 23.93 | 24.14 | 50,433 | |
11/20/2024 | 24.15 | 24.16 | 24.10 | 24.16 | 33,693 | |
11/19/2024 | 24.16 | 24.17 | 24.12 | 24.17 | 58,953 | |
11/18/2024 | 24.06 | 24.13 | 24.06 | 24.12 | 82,848 | |
11/15/2024 | 23.98 | 24.12 | 23.97 | 24.06 | 246,353 | |
11/14/2024 | 24.04 | 24.09 | 23.99 | 24.01 | 36,605 | |
11/13/2024 | 24.05 | 24.07 | 23.98 | 24.01 | 197,842 | |
11/12/2024 | 24.06 | 24.07 | 23.89 | 23.96 | 122,081 | |
11/11/2024 | 23.76 | 24.07 | 23.76 | 24.03 | 43,531 | |
11/08/2024 | 23.91 | 24.09 | 23.91 | 24.06 | 37,819 | |
11/07/2024 | 23.83 | 23.89 | 23.80 | 23.89 | 90,977 | |
11/06/2024 | 23.82 | 23.82 | 23.71 | 23.71 | 86,100 | |
11/05/2024 | 24.01 | 24.05 | 23.97 | 24.05 | 33,673 | |
11/04/2024 | 23.98 | 24.09 | 23.98 | 24.03 | 128,162 | |
11/01/2024 | 23.96 | 24.00 | 23.88 | 23.94 | 31,099 | |
10/31/2024 | 24.01 | 24.01 | 23.87 | 23.94 | 168,174 | |
10/30/2024 | 23.97 | 23.97 | 23.90 | 23.95 | 59,428 | |
10/29/2024 | 24.00 | 24.00 | 23.83 | 23.90 | 47,227 | |
10/28/2024 | 24.02 | 24.02 | 23.92 | 23.95 | 60,777 | |
10/25/2024 | 23.97 | 24.01 | 23.92 | 23.93 | 38,729 | |
10/24/2024 | 23.94 | 23.94 | 23.83 | 23.88 | 128,465 | |
10/23/2024 | 23.94 | 23.96 | 23.80 | 23.83 | 135,678 | |
10/22/2024 | 24.18 | 24.18 | 24.02 | 24.05 | 49,520 | |
10/21/2024 | 24.15 | 24.19 | 24.11 | 24.12 | 20,979 | |
10/18/2024 | 24.21 | 24.21 | 24.18 | 24.19 | 49,406 | |
10/17/2024 | 24.15 | 24.21 | 24.15 | 24.18 | 75,437 | |
10/16/2024 | 24.28 | 24.28 | 24.20 | 24.23 | 47,605 | |
10/15/2024 | 24.21 | 24.21 | 24.17 | 24.21 | 64,084 | |
10/14/2024 | 23.95 | 24.13 | 23.95 | 24.12 | 44,041 | |
10/11/2024 | 24.13 | 24.18 | 24.13 | 24.18 | 46,581 | |
10/10/2024 | 24.24 | 24.24 | 24.12 | 24.18 | 73,050 | |
10/09/2024 | 24.24 | 24.24 | 24.12 | 24.16 | 61,374 | |
10/08/2024 | 24.16 | 24.21 | 24.16 | 24.21 | 33,251 | |
10/07/2024 | 24.24 | 24.24 | 24.17 | 24.22 | 53,745 | |
10/04/2024 | 24.37 | 24.37 | 24.22 | 24.25 | 99,470 | |
10/03/2024 | 24.43 | 24.43 | 24.33 | 24.36 | 65,299 | |
10/02/2024 | 24.35 | 24.40 | 24.31 | 24.40 | 27,214 | |
10/01/2024 | 24.49 | 24.49 | 24.37 | 24.44 | 101,054 | |
09/30/2024 | 24.35 | 24.38 | 24.30 | 24.34 | 55,890 | |
09/27/2024 | 24.31 | 24.37 | 24.26 | 24.37 | 64,806 | |
09/26/2024 | 24.33 | 24.33 | 24.21 | 24.25 | 42,216 | |
09/25/2024 | 24.29 | 24.29 | 24.21 | 24.21 | 30,475 | |
09/24/2024 | 24.31 | 24.31 | 24.21 | 24.23 | 32,516 | |
09/23/2024 | 24.26 | 24.28 | 24.18 | 24.27 | 25,090 | |
09/20/2024 | 24.20 | 24.29 | 24.18 | 24.26 | 50,776 | |
09/19/2024 | 24.21 | 24.24 | 24.17 | 24.22 | 95,770 | |
09/18/2024 | 24.32 | 24.32 | 24.24 | 24.26 | 95,715 | |
09/17/2024 | 24.30 | 24.30 | 24.23 | 24.28 | 41,143 | |
09/16/2024 | 24.28 | 24.30 | 24.23 | 24.30 | 91,648 | |
09/13/2024 | 24.25 | 24.28 | 24.20 | 24.21 | 152,665 | |
09/12/2024 | 24.30 | 24.30 | 24.18 | 24.26 | 33,054 | |
09/11/2024 | 24.26 | 24.28 | 24.18 | 24.28 | 130,655 | |
09/10/2024 | 24.18 | 24.28 | 24.18 | 24.21 | 79,430 |
About IQ MacKay Etf history
IQ MacKay 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 MMIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IQ MacKay Municipal 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 IQ MacKay stock prices may prove useful in developing a viable investing in IQ MacKay
IQ MacKay Etf Technical Analysis
IQ MacKay 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.
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IQ MacKay Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IQ MacKay's price direction in advance. Along with the technical and fundamental analysis of MMIN Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of MMIN 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 | 0.0493 | |||
Jensen Alpha | 0.0101 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.33) | |||
Treynor Ratio | 0.3223 |
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Pattern Recognition | ||
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ MacKay Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of IQ MacKay Municipal is measured differently than its book value, which is the value of MMIN that is recorded on the company's balance sheet. Investors also form their own opinion of IQ MacKay's value that differs from its market value or its book value, called intrinsic value, which is IQ MacKay'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 IQ MacKay's market value can be influenced by many factors that don't directly affect IQ MacKay'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 IQ MacKay's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ MacKay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ MacKay'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.