Innovator Sp 500 Etf Performance
| UFEB Etf | USD 33.20 0.01 0.03% |
The etf retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Innovator's returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovator is expected to be smaller as well.
Risk-Adjusted Performance
24 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Innovator SP 500 are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, Innovator is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | Long Term Investment Analysis - Stock Traders Daily | 09/23/2024 |
| In Threey Sharp Ratio | 0.31 |
Innovator |
Innovator Relative Risk vs. Return Landscape
If you would invest 3,221 in Innovator SP 500 on September 12, 2024 and sell it today you would earn a total of 99.00 from holding Innovator SP 500 or generate 3.07% return on investment over 90 days. Innovator SP 500 is currently generating 0.0482% in daily expected returns and assumes 0.1538% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% 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 500, 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 = 0.3133
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| Negative Returns | UFEB |
Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Innovator is performing at about 24% 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 by adding it 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 | 57.69 M | |||
About Innovator Performance
By analyzing Innovator's fundamental ratios, stakeholders can gain valuable insights into Innovator's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Innovator 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 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the SPDR SP 500 ETF Trust . Innovator is traded on BATS Exchange in the United States.| The fund keeps 204.5% of its net assets in stocks |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovator SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Innovator SP 500 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's value that differs from its market value or its book value, called intrinsic value, which is Innovator'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's market value can be influenced by many factors that don't directly affect Innovator'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator'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.