Innovator Ibd 50 Etf Probability of Future Etf Price Finishing Under 29.41
| FFTY Etf | USD 31.23 0.15 0.48% |
Innovator |
Innovator IBD Target Price Odds to finish below 29.41
The tendency of Innovator Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 29.41 or more in 90 days |
| 31.23 | 90 days | 29.41 | about 86.91 |
Based on a normal probability distribution, the odds of Innovator IBD to drop to $ 29.41 or more in 90 days from now is about 86.91 (This Innovator IBD 50 probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) . Probability of Innovator IBD 50 price to stay between $ 29.41 and its current price of $31.23 at the end of the 90-day period is about 11.52 .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.57 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Innovator IBD will likely underperform. Additionally Innovator IBD 50 has an alpha of 0.0901, implying that it can generate a 0.0901 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Innovator IBD Price Density |
| Price |
Predictive Modules for Innovator IBD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innovator IBD 50. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovator IBD's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innovator IBD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innovator IBD is not an exception. The market had few large corrections towards the Innovator IBD's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Innovator IBD 50, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innovator IBD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 1.57 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | 0.1 |
Innovator IBD Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Innovator IBD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innovator IBD 50 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from benzinga.com: Powell Industries Faces Seasonally Slow Q1 Start After Mixed Q4 Stock Tanks | |
| Innovator IBD 50 created five year return of -2.0% | |
| This fund retains 99.92% of its assets under management (AUM) in equities |
Innovator IBD Technical Analysis
Innovator IBD's future price can be derived by breaking down and analyzing its technical indicators over time. Innovator Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Innovator IBD 50. In general, you should focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environments and drivers.
Innovator IBD Predictive Forecast Models
Innovator IBD's time-series forecasting models is one of many Innovator IBD's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Innovator IBD's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about Innovator IBD 50
Checking the ongoing alerts about Innovator IBD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innovator IBD 50 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from benzinga.com: Powell Industries Faces Seasonally Slow Q1 Start After Mixed Q4 Stock Tanks | |
| Innovator IBD 50 created five year return of -2.0% | |
| This fund retains 99.92% of its assets under management (AUM) in equities |
Check out Innovator IBD Backtesting, Portfolio Optimization, Innovator IBD Correlation, Innovator IBD Hype Analysis, Innovator IBD Volatility, Innovator IBD History as well as Innovator IBD Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Innovator IBD 50 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 IBD's value that differs from its market value or its book value, called intrinsic value, which is Innovator IBD'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 IBD's market value can be influenced by many factors that don't directly affect Innovator IBD'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 IBD's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator IBD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator IBD'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.