Innovator Equity Defined Etf Performance
| JAJL Etf | 27.12 0.05 0.18% |
The etf retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Equity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Equity is expected to be smaller as well.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Equity Defined are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent forward-looking indicators, Innovator Equity is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 11/18/2024 |
Innovator |
Innovator Equity Relative Risk vs. Return Landscape
If you would invest 2,636 in Innovator Equity Defined on September 2, 2024 and sell it today you would earn a total of 76.00 from holding Innovator Equity Defined or generate 2.88% return on investment over 90 days. Innovator Equity Defined is currently generating 0.0445% in daily expected returns and assumes 0.1579% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than Innovator, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Innovator Equity Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Equity's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Equity Defined, and traders can use it to determine the average amount a Innovator Equity's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2821
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| Negative Returns | JAJL |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Innovator Equity is performing at about 22% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovator Equity by adding it to a well-diversified portfolio.
About Innovator Equity Performance
By examining Innovator Equity's fundamental ratios, stakeholders can obtain critical insights into Innovator Equity's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Innovator Equity is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Innovator Equity is entity of United States. It is traded as Etf on BATS exchange.| Latest headline from news.google.com: Long Term Investment Analysis - Stock Traders Daily |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Equity Defined. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Innovator Equity Defined 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Innovator Equity'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 Equity's market value can be influenced by many factors that don't directly affect Innovator Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Equity'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.