Innovator Financials
| TBJL Etf | USD 19.91 0.01 0.05% |
Net Expense Ratio 0.0079 | 3 y Sharp Ratio (0.83) |
Innovator |
The data published in Innovator's official financial statements typically reflect Innovator's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Innovator's quantitative information. For example, before you start analyzing numbers published by Innovator accountants, it's essential to understand Innovator's liquidity, profitability, and earnings quality within the context of the Innovator ETFs space in which it operates.
Innovator Etf Summary
Innovator competes with Innovator Long, Northern Lights, Innovator Russell, TrueShares Structured, and Innovator. The fund invests at least 80 percent of its net assets in FLexible EXchange Options that reference the iShares 20 Year Treasury Bond ETF . Innovator is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 45782C235 |
| Region | North America |
| Investment Issuer | Innovator Capital Management |
| Etf Family | Innovator ETFs |
| Fund Category | U.S. Government |
| Portfolio Concentration | Treasury |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Innovator Key Financial Ratios
Innovator Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovator's current stock value. Our valuation model uses many indicators to compare Innovator value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovator competition to find correlations between indicators driving Innovator's intrinsic value. More Info.Innovator 20 Year is rated third largest ETF in beta as compared to similar ETFs. It is rated fourth largest ETF in one year return as compared to similar ETFs reporting about 11.14 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovator by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Innovator 20 Year Systematic Risk
Innovator's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innovator volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Innovator 20 Year correlated with the market. If Beta is less than 0 Innovator generally moves in the opposite direction as compared to the market. If Innovator Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innovator 20 Year is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innovator is generally in the same direction as the market. If Beta > 1 Innovator moves generally in the same direction as, but more than the movement of the benchmark.
Innovator Thematic Clasifications
Innovator 20 Year is part of Treasury ETFs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA ETFs from Treasury clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs
This theme covers USA ETFs from Treasury clasification. ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. Get More Thematic Ideas
| Treasury ETFs | View |
Innovator November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innovator help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innovator 20 Year. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innovator 20 Year based on widely used predictive technical indicators. In general, we focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innovator's daily price indicators and compare them against related drivers.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 3.03 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 0.8547 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovator 20 Year. 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
The market value of Innovator 20 Year 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.