Innovator ETFs Financials
We strongly advise to harness Innovator ETFs fundamental analysis to find out if markets are presently mispricing the etf. Simply put you can make use of it to find out if Innovator ETFs Trust is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to break down seven available reported financial drivers for Innovator ETFs Trust, which can be compared to its competitors.
Innovator |
The data published in Innovator ETFs' official financial statements typically reflect Innovator ETFs' 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 Innovator ETFs' quantitative information. For example, before you start analyzing numbers published by Innovator accountants, it's essential to understand Innovator ETFs' liquidity, profitability, and earnings quality within the context of the Innovator ETFs space in which it operates.
Please note, the imprecision that can be found in Innovator ETFs' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Innovator ETFs Trust. Check Innovator ETFs' Beneish M Score to see the likelihood of Innovator ETFs' management manipulating its earnings.
Innovator ETFs Etf Summary
Innovator ETFs competes with Innovator MSCI, Innovator MSCI, Innovator Russell, and Innovator Russell. The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the iShares MSCI EAFE ETF. Innovator International is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US45782C6315 |
| CUSIP | 45782C631 |
| Region | Global ex-North America |
| Investment Issuer | Innovator Capital Management |
| Etf Family | Innovator ETFs |
| Fund Category | Strategy |
| Portfolio Concentration | Developed Markets Basket |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Innovator ETFs Key Financial Ratios
Innovator Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovator ETFs's current stock value. Our valuation model uses many indicators to compare Innovator ETFs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovator ETFs competition to find correlations between indicators driving Innovator ETFs's intrinsic value. More Info.Innovator ETFs Trust is rated fifth overall ETF in beta as compared to similar ETFs. It is rated fourth overall ETF in one year return as compared to similar ETFs reporting about 16.80 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovator ETFs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Innovator ETFs Thematic Clasifications
Innovator ETFs Trust is part of several thematic ideas from Strategy ETFs to Developed Markets Basket 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 IdeasInnovator ETFs November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innovator ETFs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innovator ETFs Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innovator ETFs Trust based on widely used predictive technical indicators. In general, we focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innovator ETFs's daily price indicators and compare them against related drivers.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 1.91 | |||
| Value At Risk | (0.95) | |||
| Potential Upside | 0.4962 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Innovator ETFs Trust is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 Innovator ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 Innovator ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.