Innovator Laddered Allocation Etf Market Value
| BUFF Etf | USD 45.15 0.06 0.13% |
| Symbol | Innovator |
The market value of Innovator Laddered 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 Laddered's value that differs from its market value or its book value, called intrinsic value, which is Innovator Laddered'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 Laddered's market value can be influenced by many factors that don't directly affect Innovator Laddered'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 Laddered's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Laddered is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Laddered'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.
Innovator Laddered 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Innovator Laddered's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Innovator Laddered.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Innovator Laddered on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Innovator Laddered Allocation or generate 0.0% return on investment in Innovator Laddered over 30 days. Innovator Laddered is related to or competes with Central Garden, Phibro Animal, Glaukos Corp, Godaddy, and Central Garden. The fund will invest at least 80 percent of its net assets in the exchange-traded funds that comprise the index More
Innovator Laddered Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Innovator Laddered's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Innovator Laddered Allocation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2638 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.28 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4976 |
Innovator Laddered Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovator Laddered's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovator Laddered's standard deviation. In reality, there are many statistical measures that can use Innovator Laddered historical prices to predict the future Innovator Laddered's volatility.| Risk Adjusted Performance | 0.1379 | |||
| Jensen Alpha | 0.0107 | |||
| Total Risk Alpha | 1.0E-4 | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 0.1698 |
Innovator Laddered Backtested Returns
At this point, Innovator Laddered is very steady. Innovator Laddered holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Innovator Laddered, which you can use to evaluate the volatility of the entity. Please check out Innovator Laddered's Market Risk Adjusted Performance of 0.1798, coefficient of variation of 485.57, and Risk Adjusted Performance of 0.1379 to validate if the risk estimate we provide is consistent with the expected return of 0.0607%. The etf retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator Laddered's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator Laddered is expected to be smaller as well.
Auto-correlation | 0.82 |
Very good predictability
Innovator Laddered Allocation has very good predictability. Overlapping area represents the amount of predictability between Innovator Laddered time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovator Laddered price movement. The serial correlation of 0.82 indicates that around 82.0% of current Innovator Laddered price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Innovator Laddered lagged returns against current returns
Autocorrelation, which is Innovator Laddered etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Innovator Laddered's etf expected returns. We can calculate the autocorrelation of Innovator Laddered returns to help us make a trade decision. For example, suppose you find that Innovator Laddered has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Innovator Laddered regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Innovator Laddered etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovator Laddered etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovator Laddered etf over time.
Current vs Lagged Prices |
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Innovator Laddered Lagged Returns
When evaluating Innovator Laddered's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovator Laddered etf have on its future price. Innovator Laddered autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Innovator Laddered autocorrelation shows the relationship between Innovator Laddered etf current value and its past values and can show if there is a momentum factor associated with investing in Innovator Laddered Allocation.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Innovator Laddered is a strong investment it is important to analyze Innovator Laddered's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovator Laddered's future performance. For an informed investment choice regarding Innovator Etf, refer to the following important reports:Check out Innovator Laddered Correlation, Innovator Laddered Volatility and Innovator Laddered Alpha and Beta module to complement your research on Innovator Laddered. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Innovator Laddered 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.