IQ MacKay Valuation
| MMIN Etf | USD 24.17 0.15 0.62% |
At this time, the entity appears to be overvalued. IQ MacKay Municipal owns a latest Real Value of $22.94 per share. The recent price of the entity is $24.17. Our model calculates the value of IQ MacKay Municipal from inspecting the entity fundamentals such as One Year Return of 4.60 %, beta of 1.18, and Bond Positions Weight of 0.15 % as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that IQ MacKay's price fluctuation is very steady at this time. Calculation of the real value of IQ MacKay Municipal is based on 3 months time horizon. Increasing IQ MacKay's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since IQ MacKay is currently traded on the exchange, buyers and sellers on that exchange determine the market value of MMIN Etf. However, IQ MacKay's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.17 | Real 22.94 | Hype 24.17 |
The intrinsic value of IQ MacKay's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence IQ MacKay's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of IQ MacKay Municipal helps investors to forecast how MMIN etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of IQ MacKay more accurately as focusing exclusively on IQ MacKay's fundamentals will not take into account other important factors: About IQ MacKay Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of IQ MacKay Municipal. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of IQ MacKay Municipal based exclusively on its fundamental and basic technical indicators. By analyzing IQ MacKay's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of IQ MacKay's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of IQ MacKay. We calculate exposure to IQ MacKay's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of IQ MacKay's related companies. When determining whether IQ MacKay Municipal is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MMIN Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iq Mackay Municipal Etf. Highlighted below are key reports to facilitate an investment decision about Iq Mackay Municipal Etf: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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.