Innovator ETFs Financials
| XTOC Etf | USD 29.63 0.08 0.27% |
Net Expense Ratio 0.0079 | 3 y Sharp Ratio 0.08 |
Innovator |
The data published in Innovator ETFs' official financial statements typically reflect Innovator ETFs' 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 ETFs' quantitative information. For example, before you start analyzing numbers published by Innovator accountants, it's essential to understand Innovator ETFs' liquidity, profitability, and earnings quality within the context of the Innovator ETFs space in which it operates.
Please note, the presentation of Innovator ETFs' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innovator ETFs' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Innovator ETFs' management manipulating its earnings.
Innovator ETFs Etf Summary
Innovator ETFs competes with Innovator Equity, Innovator Equity, Innovator Growth, Innovator ETFs, and Innovator Equity. The fund invests at least 80 percent of its net assets in a portfolio of FLEX Options that reference the SPDR SP 500 ETF Trust. Innovator is traded on BATS Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | BATS Exchange |
| CUSIP | 45783Y830 |
| Region | North America |
| Investment Issuer | Innovator Capital Management |
| Etf Family | Innovator ETFs |
| Fund Category | Size and Style |
| Portfolio Concentration | Large Cap |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Innovator ETFs Key Financial Ratios
Innovator Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovator ETFs's current stock value. Our valuation model uses many indicators to compare Innovator ETFs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovator ETFs competition to find correlations between indicators driving Innovator ETFs's intrinsic value. More Info.Innovator ETFs Trust is rated second in beta as compared to similar ETFs. It is rated third in one year return as compared to similar ETFs reporting about 18.68 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Innovator ETFs' earnings, one of the primary drivers of an investment's value.Innovator ETFs Trust Systematic Risk
Innovator ETFs' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innovator ETFs 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Innovator ETFs Trust correlated with the market. If Beta is less than 0 Innovator ETFs generally moves in the opposite direction as compared to the market. If Innovator ETFs Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innovator ETFs Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innovator ETFs is generally in the same direction as the market. If Beta > 1 Innovator ETFs moves generally in the same direction as, but more than the movement of the benchmark.
About Innovator ETFs Financials
What exactly are Innovator ETFs Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Innovator ETFs' income statement, its balance sheet, and the statement of cash flows. Potential Innovator ETFs investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Innovator ETFs investors may use each financial statement separately, they are all related. The changes in Innovator ETFs's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Innovator ETFs's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Innovator ETFs Thematic Clasifications
Innovator ETFs Trust is part of several thematic ideas from Large Cap ETFs to Size And Style ETFs. 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. Get More Thematic IdeasInnovator ETFs November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Innovator ETFs help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innovator ETFs Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innovator ETFs Trust 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 ETFs's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.5029 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.96 | |||
| Value At Risk | (0.70) | |||
| Potential Upside | 0.5261 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Innovator ETFs Trust. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of Innovator ETFs Trust 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 ETFs' value that differs from its market value or its book value, called intrinsic value, which is Innovator ETFs' 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 ETFs' market value can be influenced by many factors that don't directly affect Innovator ETFs' 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 ETFs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator ETFs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator ETFs' 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.