Innovator ETFs Financial Statements From 2010 to 2024
| INOV Etf | USD 29.22 0.27 0.93% |
Check Innovator ETFs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovator ETFs' main balance sheet or income statement drivers, such as , as well as many indicators such as . Innovator financial statements analysis is a perfect complement when working with Innovator ETFs Valuation or Volatility modules.
Innovator |
Innovator ETFs Trust ETF Price To Sales Analysis
Innovator ETFs' Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Innovator ETFs Price To Sales | 8.25 X |
Most of Innovator ETFs' fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovator ETFs Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Innovator ETFs Trust has a Price To Sales of 8.2489 times. This is much higher than that of the Health Care Technology family and significantly higher than that of the Defined Outcome category. The price to sales for all United States etfs is notably lower than that of the firm.
Innovator ETFs Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovator ETFs's current stock value. Our valuation model uses many indicators to compare Innovator ETFs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovator ETFs competition to find correlations between indicators driving Innovator ETFs's intrinsic value. More Info.Innovator ETFs Trust is considered the top ETF in price to earning as compared to similar ETFs. It also is considered the top ETF in price to book as compared to similar ETFs fabricating about 0.04 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Innovator ETFs Trust is roughly 22.74 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovator ETFs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Innovator ETFs Financial Statements
Innovator ETFs investors use historical fundamental indicators, such as Innovator ETFs' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovator ETFs. Please read more on our technical analysis and fundamental analysis pages.
Inovalon Holdings, Inc. provides cloud-based platforms for data-driven healthcare. Inovalon Holdings, Inc. was founded in 1998 and is headquartered in Bowie, Maryland. Inovalon Hlds operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 1836 people.
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Check out the analysis of Innovator ETFs Correlation against competitors. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Innovator ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.