Investment Analysis - Stock Traders Daily
| KJUL Etf | USD 29.35 0.03 0.10% |
About 62% of Innovator Russell's investor base is looking to short. The current sentiment regarding investing in Innovator Russell 2000 etf implies that many traders are alarmed. Innovator Russell's investing sentiment shows overall attitude of investors towards Innovator Russell 2000.
Innovator Russell etf news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Innovator daily returns and investor perception about the current price of Innovator Russell 2000 as well as its diversification or hedging effects on your existing portfolios.
Innovator |
Investment Analysis Stock Traders Daily
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Innovator Russell Fundamental Analysis
We analyze Innovator Russell's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Russell based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Innovator Russell is currently under evaluation in beta as compared to similar ETFs. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Innovator Russell 2000 Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Innovator Russell etf to make a market-neutral strategy. Peer analysis of Innovator Russell could also be used in its relative valuation, which is a method of valuing Innovator Russell by comparing valuation metrics with similar companies.
Peers
Innovator Russell Related Equities
| KJAN | Innovator Russell | 1.04 | ||||
| NOCT | Innovator Growth | 0.52 | ||||
| NAPR | Innovator Nasdaq | 0.42 | ||||
| EJAN | Innovator MSCI | 0.23 | ||||
| NJAN | Innovator Nasdaq | 0.04 |
Check out Innovator Russell Hype Analysis, Innovator Russell Correlation and Innovator Russell Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
The market value of Innovator Russell 2000 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 Russell's value that differs from its market value or its book value, called intrinsic value, which is Innovator Russell'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 Russell's market value can be influenced by many factors that don't directly affect Innovator Russell'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 Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Russell'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.