Innovator Sp Investment Etf Performance
The etf retains a Market Volatility (i.e., Beta) of -0.0715, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Innovator are expected to decrease at a much lower rate. During the bear market, Innovator is likely to outperform the market.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Innovator SP Investment has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Innovator is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| In Threey Sharp Ratio | -0.22 |
Innovator |
Innovator Relative Risk vs. Return Landscape
If you would invest 1,840 in Innovator SP Investment on December 17, 2024 and sell it today you would lose (34.00) from holding Innovator SP Investment or give up 1.85% of portfolio value over 90 days. Innovator SP Investment is currently does not generate positive expected returns and assumes 0.7571% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% 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 |
| Risk |
Innovator Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator SP Investment, and traders can use it to determine the average amount a Innovator'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 = -0.0367
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | EPRF |
Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innovator is not performing at its full potential. However, 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 by adding Innovator to a well-diversified portfolio.
Innovator Fundamentals Growth
Innovator Etf prices reflect investors' perceptions of the future prospects and financial health of Innovator, and Innovator fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovator Etf performance.
| Total Asset | 125.76 M | |||
| Innovator is not yet fully synchronised with the market data | |
| Innovator generated a negative expected return over the last 90 days | |
| Innovator has some characteristics of a very speculative penny stock | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Tools for Innovator Etf
When running Innovator's price analysis, check to measure Innovator's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovator is operating at the current time. Most of Innovator's value examination focuses on studying past and present price action to predict the probability of Innovator's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovator's price. Additionally, you may evaluate how the addition of Innovator to your portfolios can decrease your overall portfolio volatility.
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