Innovator Equity Competition
| JANH Etf | 24.72 0.08 0.32% |
Innovator Equity vs First Trust Correlation
Poor diversification
The correlation between Innovator Equity Premium and DMAY is 0.72 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Innovator Equity Premium and DMAY in the same portfolio, assuming nothing else is changed.
Moving together with Innovator Etf
Innovator Equity Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Innovator Equity and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Innovator and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Innovator Equity Premium does not affect the price movement of the other competitor.
High positive correlations
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Innovator Equity Competition Risk-Adjusted Indicators
There is a big difference between Innovator Etf performing well and Innovator Equity ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Innovator Equity's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.47 | 0.07 | 0.03 | 0.12 | 1.58 | 2.38 | 13.69 | |||
| MSFT | 1.33 | (0.28) | 0.00 | (0.60) | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.55 | (0.17) | 0.00 | (0.34) | 0.00 | 2.70 | 11.09 | |||
| F | 1.31 | (0.03) | 0.00 | 1.61 | 0.00 | 3.61 | 9.82 | |||
| T | 1.07 | 0.20 | 0.14 | (0.72) | 0.94 | 3.87 | 7.44 | |||
| A | 1.22 | (0.40) | 0.00 | (0.38) | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.78 | (0.27) | 0.00 | (0.21) | 0.00 | 3.66 | 12.37 | |||
| JPM | 1.25 | (0.09) | 0.00 | (0.02) | 0.00 | 2.34 | 8.17 | |||
| MRK | 1.20 | 0.21 | 0.13 | 0.55 | 1.27 | 2.54 | 7.10 | |||
| XOM | 1.34 | 0.41 | 0.26 | 3.02 | 1.14 | 2.90 | 6.83 |
Innovator Equity Competitive Analysis
The better you understand Innovator Equity competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Innovator Equity's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Innovator Equity's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
| JANH | DDEC | DMAR | DMAY | |
| 0.32 24.72 Innovator | 0.31 45.22 First | 0.26 42.14 First | 0.26 45.58 First | Market Volatility (90 Days Market Risk) |
| Market Performance (90 Days Performance) | ||||
| Odds of Financial Distress (Probability Of Bankruptcy) | ||||
| Current Valuation (Equity Enterprise Value) | ||||
| Buy or Sell Advice (Average Analysts Consensus) | ||||
Trade Advice (90 Days Macroaxis Advice) | ||||
| Equity Positions Weight | ||||
| Three Year Return | ||||
| Net Asset | ||||
| Price To Book | ||||
| Five Year Return | ||||
| One Year Return | ||||
| Beta | ||||
| Day Typical Price | ||||
| Accumulation Distribution | ||||
| Daily Balance Of Power | ||||
| Period Momentum Indicator | ||||
| Rate Of Daily Change | ||||
| Day Median Price | ||||
| Price Action Indicator | ||||
| Relative Strength Index | ||||
| Coefficient Of Variation | ||||
| Mean Deviation | ||||
| Jensen Alpha | ||||
| Total Risk Alpha | ||||
| Sortino Ratio | ||||
| Downside Variance | ||||
| Standard Deviation | ||||
| Kurtosis | ||||
| Potential Upside | ||||
| Treynor Ratio | ||||
| Maximum Drawdown | ||||
| Variance | ||||
| Market Risk Adjusted Performance | ||||
| Risk Adjusted Performance | ||||
| Skewness | ||||
| Semi Deviation | ||||
| Information Ratio | ||||
| Value At Risk | ||||
| Expected Short fall | ||||
| Downside Deviation | ||||
| Semi Variance |
Innovator Equity Competition Performance Charts
Five steps to successful analysis of Innovator Equity Competition
Innovator Equity's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Innovator Equity Premium in relation to its competition. Innovator Equity's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Innovator Equity in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Innovator Equity's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Innovator Equity Premium, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Innovator Equity position
In addition to having Innovator Equity in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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Check out Innovator Equity Correlation with its peers. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Understanding Innovator Equity Premium requires distinguishing between market price and book value, where the latter reflects Innovator's accounting equity. The concept of intrinsic value - what Innovator Equity's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Innovator Equity's price substantially above or below its fundamental value.
Understanding that Innovator Equity's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Innovator Equity represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Innovator Equity's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.