Innovator Capital Management Etf Performance
| JAND Etf | 24.64 0.02 0.08% |
The etf retains a Market Volatility (i.e., Beta) of 0.0094, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Capital is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Innovator Capital Management are ranked lower than 31 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Innovator Capital is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
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Innovator Capital Relative Risk vs. Return Landscape
If you would invest 2,442 in Innovator Capital Management on October 26, 2024 and sell it today you would earn a total of 22.00 from holding Innovator Capital Management or generate 0.9% return on investment over 90 days. Innovator Capital Management is currently generating 0.0191% in daily expected returns and assumes 0.048% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% 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 Capital Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Capital's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Innovator Capital Management, and traders can use it to determine the average amount a Innovator Capital'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 = 0.3975
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Based on monthly moving average Innovator Capital is performing at about 31% 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 Capital by adding it to a well-diversified portfolio.
About Innovator Capital Performance
By analyzing Innovator Capital's fundamental ratios, stakeholders can gain valuable insights into Innovator Capital's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Innovator Capital has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Innovator Capital has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Innovator Capital is not yet fully synchronised with the market data | |
| Innovator is showing solid risk-adjusted performance over 90 days |
Check out Risk vs Return Analysis 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 board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Innovator Capital 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 Capital's value that differs from its market value or its book value, called intrinsic value, which is Innovator Capital'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 Capital's market value can be influenced by many factors that don't directly affect Innovator Capital'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 Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Capital'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.