Innovator 20 Year Etf Probability of Future Etf Price Finishing Under 19.93
| TBJL Etf | USD 20.27 0.09 0.45% |
Innovator |
Innovator Target Price Odds to finish below 19.93
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 $ 19.93 or more in 90 days |
| 20.27 | 90 days | 19.93 | about 10.28 |
Based on a normal probability distribution, the odds of Innovator to drop to $ 19.93 or more in 90 days from now is about 10.28 (This Innovator 20 Year probability density function shows the probability of Innovator Etf to fall within a particular range of prices over 90 days) . Probability of Innovator 20 Year price to stay between $ 19.93 and its current price of $20.27 at the end of the 90-day period is about 17.34 .
Given the investment horizon of 90 days Innovator 20 Year has a beta of -0.14. This usually implies as returns on the benchmark increase, returns on holding Innovator are expected to decrease at a much lower rate. During a bear market, however, Innovator 20 Year is likely to outperform the market. Additionally Innovator 20 Year has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Innovator Price Density |
| Price |
Predictive Modules for Innovator
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 20 Year. 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.Innovator Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innovator is not an exception. The market had few large corrections towards the Innovator'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 20 Year, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innovator within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | -0.14 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.31 |
Innovator 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innovator 20 Year can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Innovator 20 Year generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund created three year return of -6.0% | |
| Innovator 20 Year maintains all of the assets in different exotic instruments |
Innovator Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Innovator Etf often depends not only on the future outlook of the current and potential Innovator's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Innovator's indicators that are reflective of the short sentiment are summarized in the table below.
Innovator Technical Analysis
Innovator'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 20 Year. In general, you should focus on analyzing Innovator Etf price patterns and their correlations with different microeconomic environments and drivers.
Innovator Predictive Forecast Models
Innovator's time-series forecasting models is one of many Innovator'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'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 20 Year
Checking the ongoing alerts about Innovator for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innovator 20 Year help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Innovator 20 Year generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Pivots Trading Plans and Risk Controls - Stock Traders Daily | |
| The fund created three year return of -6.0% | |
| Innovator 20 Year maintains all of the assets in different exotic instruments |
Check out Innovator Backtesting, Portfolio Optimization, Innovator Correlation, Innovator Hype Analysis, Innovator Volatility, Innovator History as well as Innovator Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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.