Innovator Defined Wealth Etf Buy Hold or Sell Recommendation
| BALT Etf | USD 31.38 0.04 0.13% |
Given the investment horizon of 90 days and complete risk avoidance on your part, our recommendation regarding Innovator Defined Wealth is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Innovator Defined Wealth given historical horizon and risk tolerance towards Innovator Defined. When Macroaxis issues a 'buy' or 'sell' recommendation for Innovator Defined Wealth, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Innovator Defined Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Innovator and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Innovator Defined Wealth. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Innovator |
Execute Innovator Defined Buy or Sell Advice
The Innovator recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovator Defined Wealth. Macroaxis does not own or have any residual interests in Innovator Defined Wealth or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovator Defined's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Innovator Defined Trading Alerts and Improvement Suggestions
| 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 Returns Distribution Density
The distribution of Innovator Defined's historical returns is an attempt to chart the uncertainty of Innovator Defined's future price movements. The chart of the probability distribution of Innovator Defined daily returns describes the distribution of returns around its average expected value. We use Innovator Defined Wealth price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovator Defined returns is essential to provide solid investment advice for Innovator Defined.
| Mean Return | 0.05 | Value At Risk | -0.32 | Potential Upside | 0.33 | Standard Deviation | 0.19 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovator Defined historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Innovator Defined Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innovator Defined or Innovator ETFs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innovator Defined's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innovator etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.19 | |
σ | Overall volatility | 0.17 | |
Ir | Information ratio | -0.49 |
Innovator Defined Volatility Alert
Innovator Defined Wealth exhibits very low volatility with skewness of -0.44 and kurtosis of 2.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innovator Defined's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innovator Defined's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Innovator Defined Fundamentals Vs Peers
Comparing Innovator Defined's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innovator Defined's direct or indirect competition across all of the common fundamentals between Innovator Defined and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovator Defined or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Innovator Defined's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovator Defined by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innovator Defined to competition |
| Fundamentals | Innovator Defined | Peer Average |
| Price To Earning | 63.33 X | 3.15 X |
| Price To Book | 0.25 X | 0.39 X |
| Price To Sales | 2.09 X | 0.33 X |
| Beta | 0.14 | |
| One Year Return | 10.40 % | (0.97) % |
| Three Year Return | 6.60 % | 3.23 % |
| Net Asset | 187.36 M | 2.29 B |
| Equity Positions Weight | 199.42 % | 52.82 % |
Note: Acquisition by Wobensmith John C of 300000 shares of Innovator Defined subject to Rule 16b-3 [view details]
Innovator Defined Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovator . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Innovator Defined Buy or Sell Advice
When is the right time to buy or sell Innovator Defined Wealth? Buying financial instruments such as Innovator Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Innovator Defined Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.