Innovator Premium Income Etf Technical Analysis
LOCT Etf | 23.93 0.01 0.04% |
As of the 28th of November, Innovator Premium retains the Market Risk Adjusted Performance of 0.1574, risk adjusted performance of 0.0954, and Coefficient Of Variation of 483.44. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Innovator Premium Income, as well as the relationship between them.
Innovator Premium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innovator, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnovatorInnovator |
Innovator Premium technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Innovator Premium Income Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Innovator Premium Income volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innovator Premium Income Trend Analysis
Use this graph to draw trend lines for Innovator Premium Income. You can use it to identify possible trend reversals for Innovator Premium as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Innovator Premium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innovator Premium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innovator Premium Income applied against its price change over selected period. The best fit line has a slop of 0 , which means Innovator Premium Income will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.92, which is the sum of squared deviations for the predicted Innovator Premium price change compared to its average price change.About Innovator Premium Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Innovator Premium Income on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Innovator Premium Income based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Innovator Premium Income price pattern first instead of the macroeconomic environment surrounding Innovator Premium Income. By analyzing Innovator Premium's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Innovator Premium's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Innovator Premium specific price patterns or momentum indicators. Please read more on our technical analysis page.
Innovator Premium November 28, 2024 Technical Indicators
Most technical analysis of Innovator help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Innovator from various momentum indicators to cycle indicators. When you analyze Innovator charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0954 | |||
Market Risk Adjusted Performance | 0.1574 | |||
Mean Deviation | 0.069 | |||
Downside Deviation | 0.16 | |||
Coefficient Of Variation | 483.44 | |||
Standard Deviation | 0.1051 | |||
Variance | 0.0111 | |||
Information Ratio | (1.03) | |||
Jensen Alpha | 0.0022 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.68) | |||
Treynor Ratio | 0.1474 | |||
Maximum Drawdown | 0.549 | |||
Value At Risk | (0.21) | |||
Potential Upside | 0.1691 | |||
Downside Variance | 0.0256 | |||
Semi Variance | (0.01) | |||
Expected Short fall | (0.09) | |||
Skewness | (0.45) | |||
Kurtosis | 3.07 |
Innovator Premium November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Innovator stock. With literally thousands of 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.
Accumulation Distribution | 17.82 | ||
Daily Balance Of Power | 0.08 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 23.89 | ||
Day Typical Price | 23.90 | ||
Price Action Indicator | 0.04 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Premium Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Innovator Premium Income 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 Premium's value that differs from its market value or its book value, called intrinsic value, which is Innovator Premium'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 Premium's market value can be influenced by many factors that don't directly affect Innovator Premium'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 Premium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Premium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Premium'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.