Innovator Capital Management Etf Technical Analysis
DBOC Etf | USD 31.19 0.00 0.00% |
As of the 18th of December 2024, Innovator Capital retains the Market Risk Adjusted Performance of 4.94, coefficient of variation of 393.27, and Risk Adjusted Performance of 0.1647. Innovator Capital technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices.
Innovator Capital Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innovator, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnovatorInnovator |
Innovator Capital 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.
Innovator Capital Technical Analysis
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Innovator Capital Trend Analysis
Use this graph to draw trend lines for Innovator Capital Management. You can use it to identify possible trend reversals for Innovator Capital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Innovator Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innovator Capital Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innovator Capital Management applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Innovator Capital Management will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.49, which is the sum of squared deviations for the predicted Innovator Capital price change compared to its average price change.About Innovator Capital Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Innovator Capital Management on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Innovator Capital Management based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Innovator Capital price pattern first instead of the macroeconomic environment surrounding Innovator Capital. By analyzing Innovator Capital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Innovator Capital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Innovator Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.
Innovator Capital December 18, 2024 Technical Indicators
Most technical analysis of Innovator help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Innovator from various momentum indicators to cycle indicators. When you analyze Innovator charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Volume Indicators |
Risk Adjusted Performance | 0.1647 | |||
Market Risk Adjusted Performance | 4.94 | |||
Mean Deviation | 0.1658 | |||
Downside Deviation | 0.2552 | |||
Coefficient Of Variation | 393.27 | |||
Standard Deviation | 0.245 | |||
Variance | 0.06 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0517 | |||
Total Risk Alpha | 0.0328 | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 4.93 | |||
Maximum Drawdown | 1.17 | |||
Value At Risk | (0.27) | |||
Potential Upside | 0.3971 | |||
Downside Variance | 0.0652 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.20) | |||
Skewness | 0.3019 | |||
Kurtosis | 2.88 |
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 persons. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.