Question

cCan you please interpret in detail the CPI values? why are they negative?

QUOTES & COMPANIES IQ Real Return ETF CPI (U.S.: NYSE Arca) VIEW ALL COMPANIES 1D AT CLOSE 3:28 PM EDT 07/30/20 5D 1M 3M YTD 1Y 3Y $ Volume 5,050 $27.3011 USD -0.0125 -0.05% 65 Day Avg Vol 2,189 $27.3 1 Day Range 27.26-27.3011 $27.2 52 Week Range 25.10 - 28.52 (03/23/20 - 12/27/19) $27.1 Jul 24 Jul 27 Jul 28 Jul 29 Jul 30 ADVANCED CHARTING COMPARE - Open 27.27 Prior Close 27.3136 (07/29/20) 1 Day CPI-0.05% DJIA -0.85% S&P 500 -0.38% Screenshot Nasda

Answer 1

CPI stands for consumer price index and it will be reflecting the prices of various commodities in the United States which are used by the households and this will be reflecting the inflation of the economy and this inflation will be related to the price of goods which are used by the consumers.

This chart is representing that real return of the exchange traded fund which is representing the consumer price index has fallen in intraday as it can be seen that inflation targets are expected by the markets to be going down in coming periods and it can be reflected through lower consumer price index and this is a representation of the consumer price index and Markets are integrating that inflation is going to go down and hence these consumer price index are also going to go down because there would be a lower demand of the goods which will be leading to lower consumer price and lower inflation as well, so this will be reflected through Low exchange traded fund price of these consumer price index.