Innovator Equity Defined Etf Profile
JAJL Etf | 27.03 0.01 0.04% |
Performance13 of 100
| Odds Of DistressLess than 9
|
Innovator Equity is selling for 27.03 as of the 24th of November 2024. This is a 0.04 percent up since the beginning of the trading day. The etf's lowest day price was 27.02. Innovator Equity has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Innovator Equity Defined are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Innovator Equity is entity of United States. It is traded as Etf on BATS exchange. More on Innovator Equity Defined
Moving together with Innovator Etf
Innovator Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Large Cap ETFs, Size And Style ETFs, Defined Outcome (View all Sectors) |
Issuer | Innovator Capital Management |
Inception Date | 2024-07-01 |
Benchmark | SPDR S&P 500 ETF Trust |
Entity Type | Regulated Investment Company |
Asset Under Management | 129.7 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | U.S. Bancorp Fund Services, LLC |
Advisor | Innovator Capital Management, LLC |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Robert Cummings, Yin Bhuyan |
Transfer Agent | U.S. Bank, N.A. |
Fiscal Year End | 31-Oct |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 4.0 |
Market Maker | Old Mission |
Total Expense | 0.79 |
Management Fee | 0.79 |
Country Name | USA |
Code | JAJL |
Updated At | 23rd of November 2024 |
Name | Innovator Equity Defined Protection ETF - 6 Mo JanJul |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01NHZZ8V2 |
Type | ETF |
Innovator Equity Defined [JAJL] is traded in USA and was established null. The fund is listed under Defined Outcome. The entity is thematically classified as Large Cap ETFs. Innovator Equity Defined currently have in assets under management (AUM).
Check Innovator Equity Probability Of Bankruptcy
Innovator Equity Defined Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innovator Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.119 | |||
Jensen Alpha | 0.0072 | |||
Total Risk Alpha | (0) | |||
Sortino Ratio | (0.40) |
Innovator Equity Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovator Equity Defined. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Innovator Equity Defined 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 Equity's value that differs from its market value or its book value, called intrinsic value, which is Innovator Equity'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 Equity's market value can be influenced by many factors that don't directly affect Innovator Equity'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 Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Equity'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.