Innovator Growth 100 Power Etf Performance
| NJUN Etf | 27.18 0.12 0.44% |
The etf retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovator Growth's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Growth is expected to be smaller as well.
Risk-Adjusted Performance
16 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Growth 100 Power are ranked lower than 16 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Innovator Growth is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 11/08/2024 |
Innovator |
Innovator Growth Relative Risk vs. Return Landscape
If you would invest 2,564 in Innovator Growth 100 Power on September 2, 2024 and sell it today you would earn a total of 154.00 from holding Innovator Growth 100 Power or generate 6.01% return on investment over 90 days. Innovator Growth 100 Power is currently generating 0.0922% in daily expected returns and assumes 0.4533% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% 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 |
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Innovator Growth Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Growth's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Growth 100 Power, and traders can use it to determine the average amount a Innovator Growth'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 = 0.2034
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Innovator Growth is performing at about 16% 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 Growth by adding it to a well-diversified portfolio.
About Innovator Growth Performance
By examining Innovator Growth's fundamental ratios, stakeholders can obtain critical insights into Innovator Growth'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 Growth 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 Growth 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Growth 100 Power. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Innovator Growth 100 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 Growth's value that differs from its market value or its book value, called intrinsic value, which is Innovator Growth'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 Growth's market value can be influenced by many factors that don't directly affect Innovator Growth'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 Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Growth'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.