Innovator Premium Financials
| LJUL Etf | 23.96 0.01 0.04% |
Net Expense Ratio 0.0079 |
Innovator |
The data published in Innovator Premium's official financial statements typically reflect Innovator Premium's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Innovator Premium's quantitative information. For example, before you start analyzing numbers published by Innovator accountants, it's essential to understand Innovator Premium's liquidity, profitability, and earnings quality within the context of the Defined Outcome space in which it operates.
Innovator Premium Etf Summary
Innovator Premium competes with Innovator ETFs, First Trust, FT Cboe, Innovator, and Innovator Equity. Innovator Premium is entity of United States. It is traded as Etf on BATS exchange.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 45783Y186 |
| Region | North America |
| Investment Issuer | Innovator Capital Management |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
Innovator Premium Income Systematic Risk
Innovator Premium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innovator Premium volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on Innovator Premium Income correlated with the market. If Beta is less than 0 Innovator Premium generally moves in the opposite direction as compared to the market. If Innovator Premium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innovator Premium Income is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innovator Premium is generally in the same direction as the market. If Beta > 1 Innovator Premium moves generally in the same direction as, but more than the movement of the benchmark.
Innovator Premium Thematic Clasifications
Innovator Premium Income is part of several thematic ideas from Size And Style ETFs to Large Cap ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasInnovator Premium December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innovator Premium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innovator Premium Income. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innovator Premium Income based on widely used predictive technical indicators. In general, we focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innovator Premium's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1521 | |||
| Information Ratio | (0.91) | |||
| Maximum Drawdown | 0.5948 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.2094 |
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 employment. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.