Innovator Growth 100 Power Etf Performance
| NSEP Etf | 25.61 0.12 0.47% |
The etf retains a Market Volatility (i.e., Beta) of 0.38, 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
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Growth 100 Power are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable technical and fundamental indicators, Innovator Growth is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
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Innovator Growth Relative Risk vs. Return Landscape
If you would invest 2,419 in Innovator Growth 100 Power on September 3, 2024 and sell it today you would earn a total of 142.00 from holding Innovator Growth 100 Power or generate 5.87% return on investment over 90 days. Innovator Growth 100 Power is currently generating 0.0903% in daily expected returns and assumes 0.4729% 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 = 0.1909
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Estimated Market Risk
| 0.47 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
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Innovator Growth is performing at about 15% 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
Assessing Innovator Growth's fundamental ratios provides investors with valuable insights into Innovator Growth's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Innovator Growth is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Innovator Growth is entity of United States. It is traded as Etf on BATS exchange.