Iq Merger Arbitrage Etf Performance
| MNA Etf | USD 32.60 0.05 0.15% |
The etf owns a Beta (Systematic Risk) of 0.092, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IQ Merger's returns are expected to increase less than the market. However, during the bear market, the loss of holding IQ Merger is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days IQ Merger Arbitrage has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, IQ Merger is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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| In Threey Sharp Ratio | -0.88 |
MNA |
IQ Merger Relative Risk vs. Return Landscape
If you would invest 3,256 in IQ Merger Arbitrage on August 22, 2024 and sell it today you would earn a total of 4.00 from holding IQ Merger Arbitrage or generate 0.12% return on investment over 90 days. IQ Merger Arbitrage is generating 0.0021% of daily returns assuming volatility of 0.1671% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than MNA, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
IQ Merger Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IQ Merger's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as IQ Merger Arbitrage, and traders can use it to determine the average amount a IQ Merger's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MNA |
Estimated Market Risk
| 0.17 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IQ Merger is not performing at its full potential. However, 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 Merger by adding IQ Merger to a well-diversified portfolio.
IQ Merger Fundamentals Growth
MNA Etf prices reflect investors' perceptions of the future prospects and financial health of IQ Merger, and IQ Merger fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MNA Etf performance.
| Price To Earning | 22.70 X | |||
| Price To Book | 2.59 X | |||
| Price To Sales | 1.38 X | |||
| Total Asset | 552.12 M | |||
About IQ Merger Performance
By analyzing IQ Merger's fundamental ratios, stakeholders can gain valuable insights into IQ Merger's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IQ Merger has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IQ Merger has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.| Latest headline from prnewswire.com: MNA Smith College RNs, NPs, and Therapists to Host Community Forum on November 20 Spotlighting the Importance of their Union and a Fair Contract in Providing Effective and Inclusive Student Health Services | |
| The fund maintains 92.02% of its assets in stocks |
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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.