TSJA Financial Statements From 2010 to 2025
| TSJA Etf | USD 27.73 0.01 0.04% |
Check TSJA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TSJA's main balance sheet or income statement drivers, such as , as well as many indicators such as . TSJA financial statements analysis is a perfect complement when working with TSJA Valuation or Volatility modules.
TSJA |
TSJA ETF Beta Analysis
TSJA's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current TSJA Beta | 23.78 |
Most of TSJA's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TSJA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, TSJA has a Beta of 23.78. This is much higher than that of the Innovator ETFs family and significantly higher than that of the Trading--Miscellaneous category. The beta for all United States etfs is notably lower than that of the firm.
About TSJA Financial Statements
TSJA stakeholders use historical fundamental indicators, such as TSJA's revenue or net income, to determine how well the company is positioned to perform in the future. Although TSJA investors may analyze each financial statement separately, they are all interrelated. For example, changes in TSJA's assets and liabilities are reflected in the revenues and expenses on TSJA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TSJA. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest substantially all of its assets in a portfolio of FLexible EXchange Options that reference the SPDR SP 500 ETF Trust, Invesco QQQ TrustSM, Series 1 and the iShares Russell 2000 ETF. Innovator Triple is traded on BATS Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TSJA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TSJA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsja Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Tsja Etf:Check out World Market Map 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 inflation. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of TSJA is measured differently than its book value, which is the value of TSJA that is recorded on the company's balance sheet. Investors also form their own opinion of TSJA's value that differs from its market value or its book value, called intrinsic value, which is TSJA'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 TSJA's market value can be influenced by many factors that don't directly affect TSJA'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 TSJA's value and its price as these two are different measures arrived at by different means. Investors typically determine if TSJA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TSJA'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.