IQ Merger Financials
| MNA Etf | USD 32.60 0.05 0.15% |
Net Expense Ratio 0.0077 | 3 y Sharp Ratio (0.88) |
MNA |
The data published in IQ Merger's official financial statements typically reflect IQ Merger's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving IQ Merger's quantitative information. For example, before you start analyzing numbers published by MNA accountants, it's essential to understand IQ Merger's liquidity, profitability, and earnings quality within the context of the IndexIQ space in which it operates.
Please note, the presentation of IQ Merger's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IQ Merger's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IQ Merger's management manipulating its earnings.
IQ Merger Etf Summary
IQ Merger competes with HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, and High Yield. The fund invests 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. IQ Merger is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US45409B8000 |
| CUSIP | 45409B800 |
| Region | Global |
| Investment Issuer | New York Life Investments |
| Etf Family | IndexIQ |
| Fund Category | Strategy |
| Portfolio Concentration | Long/Short |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
IQ Merger Key Financial Ratios
MNA Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining IQ Merger's current stock value. Our valuation model uses many indicators to compare IQ Merger value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IQ Merger competition to find correlations between indicators driving IQ Merger's intrinsic value. More Info.IQ Merger Arbitrage is rated number one ETF in price to earning as compared to similar ETFs. It is regarded second largest ETF in price to book as compared to similar ETFs fabricating about 0.11 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for IQ Merger Arbitrage is roughly 8.76 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IQ Merger's earnings, one of the primary drivers of an investment's value.IQ Merger Arbitrage Systematic Risk
IQ Merger's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IQ Merger volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on IQ Merger Arbitrage correlated with the market. If Beta is less than 0 IQ Merger generally moves in the opposite direction as compared to the market. If IQ Merger Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IQ Merger Arbitrage is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IQ Merger is generally in the same direction as the market. If Beta > 1 IQ Merger moves generally in the same direction as, but more than the movement of the benchmark.
About IQ Merger Financials
What exactly are IQ Merger Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include IQ Merger's income statement, its balance sheet, and the statement of cash flows. Potential IQ Merger investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although IQ Merger investors may use each financial statement separately, they are all related. The changes in IQ Merger's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on IQ Merger'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.IQ Merger Thematic Clasifications
IQ Merger Arbitrage is part of several thematic ideas from Strategy ETFs to Long/short ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasIQ Merger November 20, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of IQ Merger help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IQ Merger Arbitrage. We use our internally-developed statistical techniques to arrive at the intrinsic value of IQ Merger Arbitrage based on widely used predictive technical indicators. In general, we focus on analyzing MNA Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IQ Merger's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2055 | |||
| Information Ratio | (0.51) | |||
| Maximum Drawdown | 0.8217 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.2142 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ Merger Arbitrage. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
The market value of IQ Merger Arbitrage is measured differently than its book value, which is the value of MNA that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Merger's value that differs from its market value or its book value, called intrinsic value, which is IQ Merger'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 Merger's market value can be influenced by many factors that don't directly affect IQ Merger'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 Merger's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Merger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Merger'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.