IQIN Stock Summary and Trading Ideas (IQ 500 International ETF | ARCA:IQIN)

The fund seeks investment results that track (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ 500 International Index. The IQ 500 International Index selects and weights securities utilizing a rule-based methodology incorporating three fundamental factors: sales, market share, and operating margin. The top 500 international securities, based on their composite rank, are included in the index.

IQ 500 International ETF trades on the ARCA stock market under the symbol IQIN.

As of April 18, 2024, IQIN stock price declined to $32.94 with 3,672 million shares trading.

IQIN has a beta of 0.87, meaning it tends to be less sensitive to market movements. IQIN has a correlation of 0.57 to the broad based SPY ETF.

IQIN has a market cap of $190.21 million. This is considered a Micro Cap stock.

In the last 3 years, IQIN stock traded as high as $34.56 and as low as $24.04.

IQIN has underperformed the market in the last year with a return of +8.5%, while the SPY ETF gained +22.3%. In the last 3 month period, IQIN fell short of the market, returning +2.8%, while SPY returned +6.1%. However, in the most recent 2 weeks IQIN has outperformed the stock market by returning -3.7%, while SPY returned -3.8%.

IQIN support price is $32.73 and resistance is $33.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IQIN stock will trade within this expected range on the day.