Innovator Defined Wealth Etf Probability of Future Etf Price Finishing Over 31.59
| BALT Etf | USD 31.44 0.02 0.06% |
Innovator |
Innovator Defined Target Price Odds to finish over 31.59
The tendency of Innovator Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 31.59 or more in 90 days |
| 31.44 | 90 days | 31.59 | about 1.47 |
Based on a normal probability distribution, the odds of Innovator Defined to move over $ 31.59 or more in 90 days from now is about 1.47 (This Innovator Defined Wealth probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) . Probability of Innovator Defined Wealth price to stay between its current price of $ 31.44 and $ 31.59 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days Innovator Defined has a beta of 0.16 suggesting as returns on the market go up, Innovator Defined average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Innovator Defined Wealth will be expected to be much smaller as well. Additionally Innovator Defined Wealth has an alpha of 0.0267, implying that it can generate a 0.0267 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Innovator Defined Price Density |
| Price |
Predictive Modules for Innovator Defined
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innovator Defined Wealth. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Innovator Defined Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innovator Defined is not an exception. The market had few large corrections towards the Innovator Defined's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Innovator Defined Wealth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innovator Defined within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.16 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.46 |
Innovator Defined Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Innovator Defined for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innovator Defined Wealth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Innovator Defined Wealth currently holds 196.78 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Innovator Defined Wealth has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Innovator Defined until it has trouble settling it off, either with new capital or with free cash flow. So, Innovator Defined's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Innovator Defined Wealth sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Innovator to invest in growth at high rates of return. When we think about Innovator Defined's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 45.52 M. Net Loss for the year was (20.27 M) with profit before overhead, payroll, taxes, and interest of 18.67 M. | |
| About 56.0% of Innovator Defined shares are held by institutions such as insurance companies | |
| The fund holds 199.42% of its assets under management (AUM) in equities |
Innovator Defined Technical Analysis
Innovator Defined's future price can be derived by breaking down and analyzing its technical indicators over time. Innovator Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Innovator Defined Wealth. In general, you should focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environments and drivers.
Innovator Defined Predictive Forecast Models
Innovator Defined's time-series forecasting models is one of many Innovator Defined's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Innovator Defined's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Innovator Defined Wealth
Checking the ongoing alerts about Innovator Defined for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innovator Defined Wealth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Innovator Defined Wealth currently holds 196.78 M in liabilities with Debt to Equity (D/E) ratio of 0.64, which is about average as compared to similar companies. Innovator Defined Wealth has a current ratio of 0.9, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Innovator Defined until it has trouble settling it off, either with new capital or with free cash flow. So, Innovator Defined's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Innovator Defined Wealth sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Innovator to invest in growth at high rates of return. When we think about Innovator Defined's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 45.52 M. Net Loss for the year was (20.27 M) with profit before overhead, payroll, taxes, and interest of 18.67 M. | |
| About 56.0% of Innovator Defined shares are held by institutions such as insurance companies | |
| The fund holds 199.42% of its assets under management (AUM) in equities |
Check out Innovator Defined Backtesting, Portfolio Optimization, Innovator Defined Correlation, Innovator Defined Hype Analysis, Innovator Defined Volatility, Innovator Defined History as well as Innovator Defined Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Innovator Defined Wealth 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 Defined's value that differs from its market value or its book value, called intrinsic value, which is Innovator Defined'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 Innovator Defined's market value can be influenced by many factors that don't directly affect Innovator Defined'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 Innovator Defined's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Defined is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Defined'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.